The International Monetary Fund (IMF), the World Bank (WB), and the Asian Development Bank (ADB) have, one after another, downgraded the country’s growth projections. This is largely due to the devastating effects of the ongoing Middle East conflict. These multilateral financial institutions...
The Geely EX2 made its Philippine debut at MIAS 2026, giving the brand a smaller battery electric vehicle for the local market. With a layout that immediately sets it apart from many rivals in the segment, the EX2 uses rear-wheel drive and a multi-link independent rear suspension, a less common...
BYD Cars Philippines opened its biggest local exhibit yet at the Manila International Auto Show 2026, filling its World Trade Center pavilion with its current electrified lineup and two more models lined up for the Philippine market later this year. The display included the Seagull, Atto 3, eMAX...
Stagflationary pressures are building in the Philippines as swift and pronounced spillovers from the Middle East conflict prompt the International Monetary Fund (IMF) to slash its growth forecast while anticipating above-target inflation. According to the IMF’s April 2026 World Economic Outlook...
International Finance Corp. (IFC), the private-sector lending arm of the World Bank Group (WBG), will invest up to $25 million in a structured debt fund that will finance financial technology (fintech) companies, including those operating in the Philippines. In an April 13 disclosure, IFC said its...
The Jollibee Group’s “better burger” brand Smashburger continues to expand in the United States (US) with the opening of 10 to 12 stores through franchising this year, even as the brand reports a turnaround to double-digit same-store sales growth in the first quarter. In a business update...
Owners of Toyota vehicles that are out of warranty can keep their pride and joy running with a new auto parts brand now available in the market. Toyota Motor Philippines (TMP) has introduced T-OPT, a premium regional aftermarket parts brand with reliable quality, at the Manila International Auto...
The Manila International Auto Show (MIAS) just achieved a new milestone, registering 180,600 visitors this year, and surpassing 2025’s 170K mark. This year’s MIAS is the 21st staging, taking place at the World Trade Center Metro Manila and extending into the Philippine Trade Training Center...
For the longest time, Filipino youth were groomed with the idea that there is no future in pursuing the arts. We are taught that finding a sustainable, fulfilling life in this career path is almost impossible. But that narrative is now changing. Many talented Filipino artists are now embedding...
DigiPlus Interactive Corp., the country’s premier digital entertainment provider behind BingoPlus, ArenaPlus, and GameZone, is solidifying the Philippines ' presence on the global sporting map, securing the staging of world-renowned International Series (IS) for a second straight year. ...
The Manila International Auto Show 2026 (MIAS) formally opened this weekend at the World Trade Center Metro Manila and the Philippine Trade Training Center (PTTC). Following the milestone celebration of its 20th anniversary last year, MIAS continues to strengthen its position as the Philippines’...
The Department of Foreign Affairs (DFA) on Wednesday, April 8, said the Philippine government has expressed “cautious optimism” over the planned peace talks between the United States and Iran, which will be facilitated by Pakistan. In a statement, the DFA said it is hopeful that the...
