Malacañang has brushed aside recent downgrades by international financial institutions, saying the Philippine economy remains on a stable medium-term path and is expected to rebound gradually starting in 2026 as reforms take hold. Presidential Communications Office (PCO) Undersecretary Claire...
The World Economic Forum has popularized a phrase that captures our current moment: the “Intelligent Age.” This era is transforming everything, everywhere, all at once—driven by rapid advances in artificial intelligence, quantum computing, and blockchain, and shaped by seismic geo-economic...
President Marcos has designated new economic zones in Tanauan City, Batangas, and Iloilo City to spur investments, generate jobs, and support regional development. The designations were made through two proclamations signed on Jan. 6 by Executive Secretary Ralph Recto, by authority of the...
ILOILO CITY — President Ferdinand R. Marcos Jr. has approved a new special economic zone in Iloilo. Executive Secretary Ralph Recto announced this week that the President signed Proclamation No. 1128 that declared several parcels of land in Mandurriao District here as an information technology...
Thousands of new jobs in manufacturing and information technology (IT) are expected to be created after President Marcos approved new and expanded special economic zones in Batangas and Iloilo, Executive Secretary Ralph Recto said. “The new ecozones reinforce the Marcos Jr. administration’s...
GENEVA (AP) — U.S. President Donald Trump will return to the World Economic Forum 's annual meeting of business, political and cultural elites in Davos, Switzerland, next week, leading a record-large U.S. delegation, organizers said Tuesday. The Geneva-based think tank says Trump, whose...
President Marcos will not attend the World Economic Forum (WEF) in Switzerland this January due to numerous commitments in the country, Malacañang said on Thursday, Jan. 8. Executive Secretary Ralph Recto confirmed the decision in a message to reporters. “No. He won’t attend WEF,” he said....
Every weekday, the Metro draws in workers from nearby cities, turning long commutes into a daily routine. In the South, a different kind of center is taking shape, one that brings work, home, and daily living closer together. In Batangas, Biz Hub at LIMA Estate is emerging as a fast-rising central...
Figaro Culinary Group is scaling up its manufacturing subsidiary to bolster its long-term growth strategy, positioning the company to move beyond traditional retail and enter the international export market. The publicly listed food and beverage operator announced that its wholly-owned unit,...
Aboitiz Economic Estates continues to set the benchmark for industrial development in Southeast Asia, earning the title of Best Industrial Developer at the 2025 Dot Property Southeast Asia Awards. This distinction is further reinforced by TARI Estate’s recognition as Southeast Asia’s Best...
The 384-hectare Tarlac Agro-Industrial Growth Corridor (TARI) Estate is steadily realizing its vision of progress with major milestones and global investments. In just over a year, TARI Estate has attracted multiple locators occupying more than 60 hectares, led by two global manufacturing...
Executive Secretary Ralph Recto said the designation of new Special Economic Zones (SEZs) in Parañaque, Laguna, and Misamis Oriental will help accelerate job creation and attract future-ready industries across the country, following President Marcos’ latest proclamations. Recto said the areas...
