Investment czar and Department of Finance (DOF) Secretary Frederick D. Go is advancing the development of what is expected to become the Philippines’ and Southeast Asia’s first offshore wind farm, reinforcing the Marcos administration’s push to attract large-scale renewable energy (RE)...
UNIQLO launched its first Peace For All initiative in the Philippines through the Youth Rise Project. This project aims to equip marginalized Filipino youth with skills for future employment and leadership roles. The official launch event took place at Valenzuela Technical College, where guests and...
The Organization for Economic Cooperation and Development (OECD) has flagged corruption as a major risk to Philippine infrastructure delivery, warning that the multibillion-peso flood-control corruption scandal show that current accountability safeguards remain insufficient to prevent the misuse of...
A stronger and more resilient middle class is critical to sustainably reducing poverty and achieving inclusive economic growth in the Philippines, according to the Department of Economy, Planning, and Development (DEPDev). Speaking at the launch of the World Bank’s Poverty and Equity Assessment...
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...
The Philippines’ debt as a share of economic output is expected to remain elevated above 60 percent of gross domestic product (GDP) this year as the government ramps up borrowings to support its response to the national energy emergency amid the prolonged war in the Middle East. Based on the...
Public debt in the Philippines moved closer to the 60-percent level at the end of the first quarter of 2026, as the government continued to ramp up borrowings while the private sector remained cautious amid risks stemming from the war in the Middle East. The latest Global Debt Monitor of the...
The government has added five more projects to its 2026 National Priority Plan (NPP), bringing the total to 14 initiatives that private-sector donors can fund to enjoy tax perks, as agencies are being directed to prioritize spending amid a national energy emergency. In an addendum posted on its...
The national government announced Wednesday, April 15, that it has finalized a 10-year-long strategic plan to overhaul how the nation conducts urban search and rescue (USAR) operations. The Office of Civil Defense (OCD) said that the Search and Rescue Strategic Plan 2026–2036, a comprehensive...
The government must craft a comprehensive plan to address the needs of Filipinos on the autism spectrum, advocates said on Friday, April 10. According to the Autism Society Philippines (ASP), one in 100 Filipinos have autism spectrum disorder (ASD). Advocates cited gaps in services and...
