Philippine manufacturing lost momentum at the end of the first quarter, as rising energy costs and geopolitical tensions weighed on the sector, according to the S&P Global Philippines Manufacturing PMI report released April 1.
Unilever Philippines is expanding its regional supply chain with the launch of a new collaborative manufacturing facility in Mandaue City, Cebu—its first production site outside Luzon—as the consumer goods giant moves to localize operations and accelerate delivery to fast-growing southern markets.
The Philippine manufacturing sector showed tentative signs of recovery in December as activity returned to expansion territory, signaling improving demand conditions after a volatile fourth quarter.
At the ASEAN RailCon 2026 held Thursday at the Asian Development Bank (ADB) headquarters, the Philippines appealed to ASEAN member states, investors, and development institutions to back its large-scale railway expansion program.
The Bangko Sentral ng Pilipinas (BSP) has adjusted rules raising the maximum repayment period for salary-based general purpose consumption loans (SBGPCLs) from the standard three years — extendable only to five years in special cases — to seven years.
Security Bank recently held Sustainability Talks 2026: Energy Savings and Tax Incentives for a Greener Tomorrow, a forum for commercial clients to address rising energy costs and changing regulations. The event gathered regulators, industry experts and business leaders to discuss strategies for better energy management, cost reduction and compliance with the Energy Efficiency and Conservation Act (EECA).