The Department of Economy, Planning, and Development (DEPDev) has raised concerns over the sharp decline in the share of untied official development assistance (ODA) flowing into the Philippines, warning that the trend could reduce the flexibility and effectiveness of foreign-funded development...
The Philippine government, through the Department of Finance (DOF), has secured a $6.8-million, about ₱417-million, technical assistance grant from the Green Climate Fund (GCF), boosting the country’s capacity to access and implement climate investments. The approval of the Third Readiness and...
The country’s investment promotion agencies (IPAs) are aiming to approve at least ₱4.5-trillion worth of investments under the government’s new investment promotion framework, which seeks to incentivize innovation-driven projects. Department of Trade and Industry (DTI) Undersecretary and...
The Quezon City government strengthened its flood mitigation program on Tuesday, July 7, with the opening of a new multi-purpose basketball court that doubles as a stormwater detention basin in Gloria 2 Subdivision, Barangay Tandang Sora. Mayor Joy Belmonte led the inauguration of the facility...
The Supreme Court (SC) has renewed its Comprehensive Health Care Plan (CHCP) for all judiciary officials and employees nationwide "to ensure that those entrusted with administering justice are cared for and protected." First launched in 2024, the CHCP is implemented through the joint venture with...
The government is looking to include 5,059 priority programs and projects (PAPs), with an investment requirement of almost ₱4.03 trillion, in the proposed 2027 national budget to sustain public investments, especially in infrastructure as well as social development. According to the Department of...
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...
