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Philippine building permits fall for second straight month

Construction activity lost momentum in May as fewer projects secured permits, signaling a softer pipeline for the property and infrastructure sector despite resilient spending on residential developments.

Philippines strengthens FDI data to attract more investments

The Philippine government is strengthening its foreign direct investment (FDI) reporting system by linking key government databases, a move aimed at giving policymakers a clearer picture of investment flows while boosting transparency and investor confidence.

Jobless rate rise in May, underemployment rate eases 

The Philippines' unemployment rate climbed to 4.8 percent in May, the highest in a year, as fewer Filipinos found work despite a modest month-on-month increase in employment, underscoring persistent cracks in the labor market. 

Philippines gains ground, but SDG race tightens

The Philippines has made measurable gains toward achieving the United Nations' Sustainable Development Goals (SDGs). But the country remains off pace on most targets, highlighting the challenge of translating progress into meaningful outcomes before the 2030 deadline.

Tourism sips less water, burns more fuel

The Philippine tourism industry used less water in 2025 but consumed more energy and emitted more carbon dioxide, highlighting a growing sustainability challenge as the sector's environmental footprint shifts from the tap to the tailpipe.

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Smart expands network in La Trinidad, Benguet 

Smart Communications, Inc. is scaling up its mobile network infrastructure here to deliver faster, more reliable connectivity in a key commercial and agricultural center of the Cordillera Administrative Region.

Jollibee Group named inaugural ‘Global Growth Champion’ at Globie Awards

Jollibee Group has been honored as the first-ever Global Growth Champion at the inaugural Globie Awards, the official recognition program of the Global Restaurant Leadership Conference (GRLC), which gathers top executives from the worldwide restaurant and foodservice industry.

APECO seeks bigger budget to unlock P18B pipeline

The Aurora Pacific Economic Zone and Freeport Authority (APECO) is asking Congress for stronger budget support to keep an estimated P18 billion investment pipeline moving, warning that a sharp funding cut could undermine the economic zone’s ability to attract investors.

Clouted, OneLot put Philippine startups on map

Two Philippine startups are getting a bigger regional spotlight after Clouted and OneLot landed on Forbes Asia’s 2026 “100 to Watch” list, putting the country’s young tech ventures among Asia-Pacific’s emerging companies to watch.

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