Investment promotion agencies have welcomed the newly approved 2026 Strategic Investment Priorities Plan (SIPP), saying it positions the Philippines to compete for high-value investments in advanced manufacturing, digital infrastructure, clean energy, and other industries expected to drive future economic growth.
VOYA Philippines Support Services Corp., the local unit of US-headquartered financial services firm Voya Financial, is expanding its footprint in the country’s IT-BPM sector following the formal signing of its Registration Agreement (RA) with the Philippine Economic Zone Authority (PEZA) on May 21.
The Philippine Economic Zone Authority (PEZA) is stepping up its push to position the Philippines as a regional digital services and innovation hub, using the Digital Health Festival 2026 in Melbourne as a platform to court fresh Australian investments while securing expansion commitments from existing locators.
WaHiki, a New Zealand producer of dairy-free, gluten-free, and vegan coconut-based ice cream and yoghurt products, is exploring potential collaborations with Philippine firms, according to the Philippine Economic Zone Authority (PEZA).
Philippine Economic Zone Authority (PEZA) underscored the critical role of advanced manufacturing sectors—particularly electronics, automotive, and die and mold industries—in driving investments, exports, and employment as it intensifies efforts to build a more resilient industrial ecosystem.
Filipino motorists face yet another round of pump price increases this coming Tuesday, underscoring the ongoing volatility of domestic fuel costs driven by compounding international crises. According to Jetti Petroleum president Leo Bellas, gasoline prices are projected to rise between P1 and P1.50 per liter, while diesel prices could jump by P1.75 to P2.25 per liter. This upcoming price hike follows the previous week’s substantial surge of P2.49 per liter for gasoline, P3.84 for diesel, and P5.01 for kerosene, highlighting how rapidly fuel rates are creeping higher almost every single week.
Damage to the agriculture sector from the southwest monsoon (habagat) enhanced by Tropical Cyclones Luis, Maymay, and Neneng has risen to ₱1.79 billion, the Department of Agriculture (DA) reported in its 10 a.m. advisory on August 22.
The Department of Agriculture (DA) has launched a stricter, nationwide campaign against counterfeit, unregistered, adulterated, and illegally produced farm inputs, moving to shield farmers from financial and livelihood losses while ensuring fair competition for legitimate industry players.