Tag: Megawide Construction Corp.

The Philippines recorded a $2.6 billion balance of payments (BOP) deficit in March 2026, pushing the total shortfall for the first quarter to $5.3 billion, signaling that more money flowed out of the country than came in during the period.

Vietnamese electric vehicle manufacturer VinFast is stepping up its Southeast Asian expansion, moving aggressively into the Philippines’ high-volume motorcycle market through partnerships with 14 local distributors ahead of its planned commercial launch this June.

Vehicle sales in the Philippines weakened in the first quarter of 2026, even as electrified mobility continued to gain momentum, according to industry data from the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA).

The Salmon Group has raised US$100 million in fresh funding, marking a major leap in its push to expand across the Philippines’ fast-growing financial services market. The round was heavily oversubscribed, signaling strong investor confidence in the company’s rapid rise and long-term vision.