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.
At least five million Filipino farmers are poised to benefit from a USD1-billion World Bank financing package aimed at accelerating a nationwide shift toward higher productivity, diversification, and climate resilience—an overhaul long seen as critical to stabilizing food supply and rural incomes.
The World Bank has approved an USD800-million financing package for the Philippines aimed at strengthening fiscal resilience, improving the business climate and equipping Filipino workers with skills needed for higher-quality jobs.
The Philippines landed at 53rd out of 101 economies in the World Bank Group’s 2025 Business-Ready (B-READY) Report, placing the country squarely at the midpoint of an expanded global ranking and signaling steady reform momentum.
The World Bank and the Philippine government are moving forward with a landmark agreement that could reshape the country’s agriculture sector. At a recent meeting, agriculture secretary Francisco P. Tiu Laurel Jr. and World Bank country director Zafer Mustafaoglu reviewed the progress of the Philippine Sustainable Agricultural Transformation (PSAT) loan program, with the goal of finalizing the USD1 billion loan agreement in July.
Clark International Airport is strengthening its partnership with Emirates as it pushes to become a bigger international gateway for tourism, trade and investment outside Metro Manila.
The countey’s financial armor remains robust as the nation's gross international reserves (GIR) held steady at $104.7 billion as of the end of June 2026. This vast stockpile of foreign currency and gold plays a vital role in everyday economic life, acting as the country's ultimate financial safety net to ensure it can smoothly buy essential goods from abroad and pay off international debts.
The Philippine Airlines is set to significantly upgrade its long-haul operations after announcing the acquisition of 15 fuel-efficient Boeing 787-10 Dreamliner jets, with an option to purchase five more.
The Department of Agriculture (DA) has announced the construction of a P96.7 million ice plant at the Bulan Fish Port Complex in Sorsogon, designed to lift production and incomes across the Bicol Region’s fisheries sector. Unveiled in a statement on Monday, the facility can produce 60 metric tons of ice daily and store up to 120 metric tons, aimed at keeping catch fresh, cutting post-harvest waste, and strengthening the entire fisheries value chain.