Approved investments of the Philippines’ three largest investment promotion agencies rose 39 percent to P1.4 trillion in January to October 2026, with the Board of Investments accounting for nearly two-thirds of the increase.

The Bases Conversion and Development Authority (BCDA) has remitted P11.5 billion to the national government this year, up 173 percent from last year, giving the government more money for public services while easing the burden on taxpayers, Finance Secretary Frederick Go said.

The Asian Photovoltaic Industry Association (APVIA) is upbeat on wider solar energy use after groups from the Philippines, Indonesia and Vietnam launched a regional alliance at the 31st UN Climate Change Conference.