The country's foreign currency denominated debt total USD125.4 billion as at end-December 2023, higher by USD6.6 billion or 5.5 percent more than three months earlier.
The Philippines secured about $5 billion worth of investment pledges from German and American firms this week in sectors such as healthcare and energy, potentially big wins for the country as it competes with others in the region for foreign capital.
The country's trade deficit in January narrowed to USD4.22 billion from USD5.56 billion in the year-earlier period, helped by the increase in exports and the decline in imports.
The Philippine air travel industry soared in 2023, with passenger numbers returning to pre-pandemic levels, according to the Civil Aeronautics Board (CAB).
The Manila Electric Co. (Meralco) has declared the second attempt at bidding its 260-megawatt requirement for peaking purposes in the hot months ahead a failure.
LG Electronics Philippines (LGEPH) marked Earth Day 2026 with an employee-led e-waste collection drive, gathering about 1,200 kilograms of discarded electronic items from March 31 to April 21.
Filipina entrepreneurs—many of them mothers—play a major role in the Philippine economy, owning 66 percent of existing businesses and 62 percent of newly registered enterprises. Despite this strong presence, many women-led micro, small, and medium enterprises (MSMEs) struggle to grow due to limited access to funding, low digital adoption, and the challenge of balancing business and family responsibilities.
Travelers grappling with rising fuel costs and volatile airfares are getting a timely alternative: book early and secure steep discounts. The Hotel Sales and Marketing Association (HSMA) has shifted its annual Summer Online Sale (SOS) to an earlier April–May window, positioning the campaign as a practical hedge against mounting travel expenses.