Tag: S&P Global

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Philippines may hit A-level credit rating in 2 years, Salceda says

Economy Context.ph Context.ph -
Former Albay Congressman and House Ways and Means Committee Chairman Joey Salceda said the Philippines is close to securing an A-level sovereign credit rating, the highest tier of creditworthiness, and potentially within two years under the administration of President Ferdinand Marcos Jr.

Factories rebound as Philippine PMI climbs in January

Economy Context.ph Context.ph -
The Philippine manufacturing sector opened 2026 with renewed momentum, as the Purchasing Managers’ Index signaled a broad-based improvement in operating conditions in January, according to S&P Global. 

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Didipio expansion fuels mining, investor confidence, regional growth

Energy & Mining 0
A planned USD1.9-billion investment by OceanaGold to extend the life of the Didipio Gold-Copper Mine through 2037 is shaping up as more than a mining expansion—it is emerging as an early test of whether the Philippines' recent fiscal reforms can unlock a new wave of responsible resource investments.

Globe chief: AI future rests on people, trust, purpose – not just tech 

Communications & Technology 0
At MWC Shanghai 2026, Globe president and CEO Carl Cruz stated during a keynote that AI’s true value lies in improving lives, not the technology itself. Speaking alongside global telecom leaders, Cruz noted the Philippines’ strong digital footprint makes it well-placed to benefit from AI.

Customs beats June goal, stays on track for P1T goal

Economy 0
The Bureau of Customs (BOC) sustained its strong revenue momentum in June, collecting P86.07 billion and surpassing its monthly target by P2.83 billion as stronger trade flows and tighter customs enforcement continued to lift collections.

Canada fuels Philippine shift toward advanced digital services 

Communications & Technology 0
The Philippines is accelerating its transition from traditional outsourcing to higher-value digital services after President Ferdinand Marcos Jr. secured fresh investment commitments and expanded technology partnerships with Canadian companies during his official visit to Canada.

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