Tag: Philippines

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Philippine GDP remains one of Asia’s fastest growing in 2Q; growth 5.5%

The Philippine economy expanded by 5.5 percent year-on-year in the second quarter of 2025, the Philippine Statistics Authority reported, reflecting sustained domestic activity across sectors.

Philippines stuns Iran, wins 2025 Women’s Ice Hockey Asia Cup

It was bound to happen—a rematch a year in the making, and this time, the ending was different. The Philippines and Iran—undefeated and dominant all tournament long—clashed in a high-stakes finale Friday at the 2025 Women’s Ice Hockey Asia Cup in Al Ain, United Arab Emirates. 

Philippine debt edges higher, still controlled

Outstanding Philippine government debt ticked up slightly to P16.684 trillion by end-March 2025, a 0.31 percent month-on-month increase, signaling stability rather than strain.

ADB forecasts strong Philippine growth, ‘Blue Economy” opportunities

The Asian Development Bank (ADB) has forecast that the Philippine economy will grow at a robust pace of 6.0 percent in 2025 and 6.1 percent in 2026, driven by strengthened domestic demand and sustained public investment. This growth follows a 5.6 percent expansion in 2024.

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EcoSolar’s 22.5MW Capiz battery storage facility starts testing, to boost Visayas power supply

Yuchengco-led EcoSolar Energy Corp. (ESEC) announced that its 22.5 megawatt / 45 megawatt-hour Panitan Energy Storage Project in Capiz began testing and commissioning as a generation facility last week.

GSIS sets aside ₱2.75-B emergency loans for 109K members, pensioners in calamity zones

The Government Service Insurance System (GSIS) has allocated ₱2.75 billion in emergency lending to assist over 109,000 active members and old-age and disability pensioners living in areas hit by crop pest infestations, rising dengue infections, and the El Niño dry spell.

Marcos expands LIMA ecozone for new industrial investments

President Ferdinand Marcos Jr. has approved the addition of nearly eight hectares to the LIMA Technology Center in Batangas, expanding industrial space for new factories and existing companies looking to increase capacity.

Apex Mining net income rises 40% to ₱7.61 billion in first nine months

Apex Mining Co. Inc. reported a 40 percent rise in its consolidated net income for the first nine months of 2026, reaching ₱7.61 billion from the ₱5.45 billion posted in the same period last year, the company announced Tuesday.

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