The Philippines and the US are accelerating economic and trade cooperation, with initiatives that could generate up to one million jobs for Filipinos, the Presidential Communications Office (PCO) said.
The Philippines showcased significant progress in legal and regulatory reforms during the Luzon Economic Corridor (LEC) Steering Committee meeting on May 12, highlighting efforts to create a transparent, competitive, and investment-friendly business environment.
The Luzon Economic Corridor (LEC), the Philippines’ flagship trilateral infrastructure initiative with the US and Japan, is gaining momentum with seven new international partners, signaling growing global confidence in the country’s role as an Indo-Pacific investment hub.
Manila is set to host a milestone for regional economic cooperation as the fourth Steering Committee Meeting of the Luzon Economic Corridor convenes in May 2026, gathering senior officials from the Philippines, the US, and Japan to accelerate implementation of the flagship initiative.
The Luzon Economic Corridor is emerging as the centerpiece of a renewed investment offensive between the Philippines and the United States, following commitments made at the 12th Philippines–US Bilateral Strategic Dialogue in Manila on February 16.
National Anti-Poverty Commission (NAPC) Secretary and Lead Convenor Manny Pacquiao is joining forces with Agriculture Secretary Francisco P. Tiu Laurel Jr. to strengthen government efforts to alleviate poverty, particularly among farmers and fisherfolk, who remain among the country’s most economically vulnerable sectors.
Business groups and tax experts are urging the government to rethink a proposed more-than-200 percent hike in sweetened beverage excise taxes, warning that steep increases could squeeze consumers, hurt small businesses and fail to deliver the expected revenue and public health gains.
Lenovo has expanded its Personal AI vision with a new consumer device portfolio that brings smarter, connected AI experiences alongside bold, style-focused designs — all at accessible price points.
Globe Platinum has reimagined the traditional crowded iPhone launch experience, rolling out intimate, simultaneous midnight unboxing events across Manila, Cebu, and Davao ahead of the nationwide iPhone 18 release.