A recent analysis by Moody’s Ratings has illuminated a critical shortfall in climate financing necessary for East Asian economies like the Philippines to achieve global net-zero emissions by 2050.
The Bangko Sentral ng Pilipinas (BSP) reported a surge in portfolio investments flowing inward on net basis in September reaching USD1.025 billion—a 92.1 percent increase from August’s USD533.95 million.
PepsiCo is eyeing a competitive position in the alcoholic ready-to-drink (RTD) market in the Philippines, a sector experiencing a notable shift as consumers seek variety in their beverage choices.
The Bangko Sentral ng Pilipinas on Tuesday expressed optimism the Philippines could soon exit from the Financial Action Task Force’s grey list, following a recent statement from the international watchdog recognizing the country’s reforms in anti-money laundering and counter-terrorism financing initiatives.
Agriculture Secretary Francisco P. Tiu Laurel Jr. has backed a proposal to declare a state of calamity to mobilize government resources against the worsening effects of El Niño, saying authorities must act quickly as forecasts point to a potentially severe climate event.
Prime Midstream expects demand for natural gas to remain strong as the Philippines faces growing electricity needs, volatile fuel prices and the challenge of balancing renewable energy growth with reliable power supply.
Japanese Embassy Deputy Chief of Mission Ono Sho attended the 82nd Anniversary of the Leyte Gulf Landings recently at the MacArthur Landing Memorial National Park, framing his presence as a gesture of friendship spanning the political, defense, economic, and diplomatic spheres.
San Miguel Corp. (SMC) has received recognition from the US Department of Agriculture (USDA) for importing nearly USD370 million worth of American agricultural products in 2026, highlighting the Philippines’ importance as a market for US farm exports.