Saturday, 10 January 2026, 8:04 am

    Tag: Philippines

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    Philippines steps boldly onto global stage, debuts in Dubai summit

    The Philippines made a confident entrance at the Future Hospitality Summit (FHS) World 2025 in Dubai, its first-ever participation in one of the industry’s most influential gatherings.

    Philippine exports to normalize as US tariff winds ease

    Philippine exports to the US—supercharged for months by aggressive front-loading—are expected to return to more typical levels soon as tariff pressures ease and the trade environment settles, according to Export Marketing Bureau Director Bianca Sykimte.

    US State Department flags red tape, corruption in Philippines 

    Pervasive corruption—both in government offices and private boardrooms—along with slow and opaque bureaucracy, high logistics costs, and congested infrastructure continue to undermine the Philippines’ ability to attract foreign investment and sustain economic growth, according to the latest assessment from the US State Department.

    Strong demand, mild inflation to sustain Philippine economy—ADB

    The Asian Development Bank (ADB) projects solid growth for the Philippines through next year, with its ability to navigate rough global waters underscored in the slight downward revision of its 2026 outlook.

    ADB OKs US$400M loan for Philippine food program

    The Asian Development Bank (ADB) has approved a USD400 million loan to help the Philippines combat hunger, food insecurity, and undernutrition—particularly among the country’s poorest households—as climate and disaster risks continue to escalate.

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    IR Impact names SM Investments’ annual report best in region

    SM Investments Corporation, the parent company of the SM Group, was named Best Annual Report at the IR Impact Awards – Southeast Asia held in December 2025. The award recognizes the company’s strong reporting and disclosure practices, particularly its integrated report, which clearly explains its business strategy, performance, governance, and long-term plans for creating value.

    Mitsubishi seeks to fast-track CARS claims

    Mitsubishi Motors Philippines Corp. (MMPC) said it will work closely with government agencies to ensure the swift processing and release of its incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program, following President Ferdinand Marcos Jr.’s veto of the program’s proposed 2026 budget allocation.

    House lawmakers meet IAEA chief to advance nuclear energy agenda

    A member of the House of Representatives recently met with International Atomic Energy Agency (IAEA) director general Rafael Mariano Grossi to discuss the potential role of nuclear energy in addressing the country’s ongoing power challenges.

    Globe sets up battery hubs to keep network running during typhoons

    Globe Telecom Inc. is deploying battery charging hubs in typhoon-prone areas of South Luzon and Bicol to help keep mobile and internet services running during power outages.

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