Tag: Philippines

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ADB clears $400M loan to fuel Philippines’ business climate overhaul

The Asian Development Bank has approved a USD400-million policy-based loan to drive government reforms aimed at positioning the Philippines as premier investment destination in Asia and the Pacific.

Resilience endures, but reforms still calls

The Philippines is heading into 2026 with economic resilience that continues to impress global observers—but experts warn that sustaining momentum will demand sharper reforms and more agile policymaking.

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.

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DA seeks more funds to expand fuel subsidies for farmers, fishers

The Department of Agriculture (DA) is exploring additional funding sources to provide fuel subsidies to more farmers and fisherfolk across the country.

PUV drivers to receive P5,000 fuel subsidy starting March 17

The Department of Transportation (DOTr) will begin distributing a P5,000 fuel subsidy to public utility vehicle (PUV) drivers in Metro Manila on March 17, 2026, as the government moves to ease the impact of rising oil prices linked to tensions in the Middle East.

San Miguel Foods, GSIS partner to expand livelihood opportunities for members

San Miguel Foods (SMF) has signed a memorandum of agreement with the Government Service Insurance System (GSIS) to make its livelihood and small business programs more accessible to GSIS members, pensioners, dependents, and qualified public sector cooperatives and unions.

DA allows limited exemptions to land reclassification moratorium

The Department of Agriculture (DA) has allowed certain projects to proceed despite the ongoing moratorium on agricultural land-use reclassification, granting exemptions for renewable energy and government socialized housing developments.

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