Tag: speculative funds

The Global Compact Network Philippines (GCNP), the local arm of the United Nations Global Compact, has elected a new set of officers for 2026–2027.

The Commission on Audit (COA) has ordered a sweeping review of developers’ compliance with the government’s balanced housing mandate, flagging possible underpayments tied to how the Department of Human Settlements and Urban Development (DHSUD) computed obligations.

The Philippines’ push toward a higher credit rating has been put on hold as global risks cloud the near-term outlook, even as underlying economic fundamentals remain intact.

The World Bank expects Philippine economic growth to slow to 3.7 percent in 2026, down from 4.4 percent in 2025, according to its East Asia and Pacific (EAP) outlook released on April 8.