The Philippines is planning to establish its first state-owned strategic fuel stockpile, aiming to double the nation 's energy buffer to 60 days to insulate the economy from global supply shocks, the Department of Energy (DOE) said. In an interview, Energy Secretary Sharon Garin said the...
The country’s largest business group and investment promotion agencies (IPAs) expect the government’s new investment promotion framework to encourage the entry of capital aligned with global growth trends, such as artificial intelligence (AI). Management Association of the Philippines (MAP)...
President Marcos has approved the 2026 Strategic Investment Priority Plan (SIPP), identifying key industries and emerging technologies that will be prioritized for government incentives and investment promotion. Under Memorandum Order No. 47 signed on May 21, the President approved the latest SIPP...
The government’s new list of economic activities eligible for incentives is expected to encourage the entry of investments aimed at propelling the country’s economic growth, according to the Department of Trade and Industry (DTI). Trade Secretary Cristina Roque said the government is looking...
State-run Maharlika Investment Corp. (MIC), which manages the country ’s first sovereign wealth fund (SWF), has signed a cooperation agreement with key government energy agencies to modernize and rehabilitate the aging power transmission system of Mindoro Island, with officials aiming to...
The Bangko Sentral ng Pilipinas (BSP) has amended the exposure limits for unit investment trust funds (UITFs), allowing funds invested in exchange-traded equities to take on larger exposure to a single entity or issuer under certain conditions. Under the BSP’s Circular No. 1234 signed by BSP...
The Philippine government and the Beijing-based Asian Infrastructure Investment Bank (AIIB) are exploring partnerships in digitalization and energy aimed at improving the ease of doing business and accelerating infrastructure development to support economic growth. In a statement on Friday, May 22,...
State-run Maharlika Investment Corp. (MIC), which manages the country’s first sovereign wealth fund (SWF), grew its total comprehensive income by 2.3 percent to ₱2.74 billion last year from ₱2.68 billion in 2024 as business income rose despite higher expenses. Based on MIC’s latest...
Razon-led International Container Terminal Services Inc. (ICTSI) has secured a $300-million loan from the Beijing-based Asian Infrastructure Investment Bank (AIIB) to support the expansion and upgrade of three container terminals across the Philippines. In a statement on Wednesday, May 20, ICTSI...
Alsons Consolidated Resources Inc. (ACR), the publicly listed power vehicle of the Alcantara Group, reported a 15 percent increase in net income for the first quarter of 2026, bolstered by steady contributions from its thermal assets in Mindanao and rising regional demand for electricity. In a...
Foreign investment approvals by the country’s investment promotion agencies (IPAs) surged by more than half in the first quarter of 2026, although overall approved investments—including Filipino-led projects—declined sharply during the period, according to the Philippine Statistics Authority...
Net inflows of brick-and-mortar foreign direct investments (FDIs) in the Philippines shrank by over a third to $1.03 billion in the first two months of 2026 from the $1.58 billion recorded during the same period in 2025. The contraction, which came even before uncertainties tied to the Middle East...
