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.
