Ayala-led AC Logistics is stepping up its bid to build the country's leading integrated logistics platform after A.P. Moller Capital completed its acquisition of a 40 percent stake in the company, bringing fresh capital and global supply chain expertise to support its next growth phase.

The US International Development Finance Corporation (DFC) said the Philippines is well positioned to tap its USD205 billion global investment capacity as the agency ramps up efforts to finance commercially viable private-sector projects supporting the country's infrastructure and industrial ambitions.

While slowing oil and food prices recently cooled headline inflation in the Philippines, persistent domestic threats and rising core inflation are keeping policymakers on high alert, signaling that further interest rate hikes may be necessary to protect long-term economic growth, according to data analysis by the Bank of the Philippine Islands.