The World Bank has approved an $18.85-million grant to strengthen the Philippines’ pandemic response, as the country is considered a global hotspot for emerging infectious and zoonotic diseases. The Washington-based multilateral lender’s board approved last April 29 the investment project...
The French Chamber of Commerce and Industry in the Philippines successfully hosted the inaugural “Build to Last: Infrastructure and Construction Conference” on April 16, 2026, at Ascott Bonifacio Global City, bringing together industry leaders, policymakers, developers, and engineers to address...
Despite escalating tensions in the Middle East, the Board of Investments (BOI) is pressing ahead with investor engagements in the region, as firms signal continued interest in Philippine projects and new opportunities emerge from the country’s inclusion in the United States (US)-led Pax Silica...
The Philippine Chamber of Commerce and Industry (PCCI) and Small Business Corp. (SB Corp.) established a ₱7-billion financing facility to support small businesses grappling with elevated fuel costs and inflationary pressures. The partnership, formalized through a memorandum of agreement,...
Groundbreaking for the planned United States (US) economic security zone in the Philippines could take place within the current Marcos Jr. administration, with the project expected to generate hundreds of thousands of jobs once fully developed, Philippine investment officials said. Officials from...
The Federation of Philippine Industries (FPI) is escalating its fight against substandard goods, petitioning the Supreme Court to strip lower courts of their power to freeze the enforcement of mandatory product standards. In a letter-petition addressed to the high tribunal, the country’s largest...
The inflation-targeting Bangko Sentral ng Pilipinas (BSP) is expected to raise the policy rate by 25 basis points (bps) to 4.5 percent to confront war-driven price hikes head-on, according to investment banking giant Goldman Sachs. “Given its price stability mandate, we believe the BSP will hike...
The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business group, is backing the Department of Energy’s (DOE) proposal to lift the moratorium on new coal-fired power plants, describing the move as a pragmatic necessity to safeguard energy security and industrial...
The Marcos administration is weighing the reversal of the government’s restrictive coal policy as the country grapples with the dual pressures of surging summer demand and volatile global energy prices. Energy Secretary Sharon Garin told reporters on Monday, April 20, that the Department of...
The government has reached a fresh agreement with manufacturers and retailers to extend the nationwide price freeze on essential goods until May 10, providing a temporary shield for consumers against rising living costs. On Friday, April 17, Trade Secretary Cristina Aldeguer-Roque announced the...
The Department of Trade and Industry (DTI) is rolling out a ₱2 billion financing program aimed at accelerating the shift to electric vehicles (EVs) among the country’s small-scale transport players. In a statement on Friday, April 17, the DTI said the initiative, managed by its financing arm,...
The Philippines has launched a safeguard investigation into rice imports, as authorities move to assess whether a surge in inbound shipments is harming domestic farmers of the country’s primary food staple. In an April 15 notification to the Geneva-based World Trade Organization (WTO), the...
