The Philippines is seeking a larger role in the global aerospace manufacturing supply chain as Global Aerospace Technology Philippines Inc. (GATPHI) expands its export-oriented operations in Batangas, strengthening the country’s prospects for higher-value production and deeper integration into international aircraft component manufacturing.
The Philippine Economic Zone Authority (PEZA) expects to exceed its P300-billion investment target this year, citing a pipeline of major projects in semiconductors, aviation, electronics and hyperscaler-related solutions.
The Philippine Economic Zone Authority (PEZA) is within reach of its P300-billion investment target for 2026, with approvals hitting about P297 billion by end-September and three months left in the year.
The National Development Co. (NDC) is exploring a partnership with the Philippine Economic Zone Authority (PEZA) to convert government-owned properties into economic zones, potentially putting underutilized state assets to work while broadening the locations available for new investments.
The Philippine Economic Zone Authority (PEZA) and Aboitiz Economic Estates are expanding an investor-assistance program designed to turn investment commitments into operating projects faster as international interest in the Luzon Economic Corridor grows.
Rising temperatures and widespread dry spells caused by the ongoing El Niño have pushed initial agricultural losses in the Philippines to P8.57 billion, marking a nearly 25 percent increase from the P6.87 billion reported late last month.
The European Union and the Philippines are setting up a joint artificial intelligence (AI) industry laboratory to help businesses adopt emerging technologies, improve productivity and attract investment, with micro, small and medium enterprises (MSMEs) among the intended beneficiaries.
Filipinos are adopting faster, digital-first methods to move money across borders, relying heavily on mobile wallets and bank transfers to support daily household needs while demonstrating an appetite for emerging digital currencies like stablecoins.
The Philippines’ business and investment outlook is deteriorating as rising public debt, slowing economic growth and weakening foreign investment inflows intensify fiscal and economic pressures, according to a new assessment by WR Advisory Group.