Economic growth across the Asia-Pacific Economic Cooperation (APEC) region is expected to ease to 3.2 percent this year despite a surge in technology-related trade and investment, as accelerating inflation, higher energy costs, geopolitical tensions, and trade policy uncertainty cloud the outlook....
Investment pledges approved by the Philippine Economic Zone Authority (PEZA) surged by 74 percent in the first eight months of the year, keeping the agency on track to hit its target of ₱300 billion worth of investments. The investment promotion agency said it cleared ₱216.46 billion in...
In celebration of excellence, innovation, and leadership in the property sector, the 14th PropertyGuru Philippines Property Awards honored the industry’s achievements of 16 organizations, setting the benchmark in 45 categories. The gala night was held at the Shangri-La The Fort, Manila, on August...
Executive Secretary Ralph Recto urged American companies to expand their investments in the Philippines while creating jobs, developing Filipino talent, and contributing to shared prosperity between the two countries. Speaking to American business leaders at the Welcome Reception for the 2026...
Epson Precision Philippines Inc. (EPPI) is investing over ₱40 million to expand its Batangas manufacturing footprint beyond precision printing and into robotics, according to the Philippine Economic Zone Authority (PEZA). In a statement, the investment promotion agency said PEZA Director General...
Australian healthcare provider Kairos Care is looking at setting up information technology and business process outsourcing (IT-BPO) operations in the country to support its business, according to the Philippine Economic Zone Authority (PEZA). In a statement, the investment promotion agency said it...
The Philippines recorded the second-largest increase in 10-year government bond yields among selected Asia-Pacific economies since the war in the Middle East began, raising the government’s borrowing costs at a time when the Marcos Jr. administration is relying heavily on domestic debt to finance...
The Philippines is looking to accelerate foreign capital inflows through the inaugural investment forum for the Luzon Economic Corridor (LEC), which will showcase key opportunities, including the proposed Pax Silica artificial intelligence (AI) hub. In a statement, the United States Trade and...
President Marcos’ economic managers will outline their roadmap for navigating global market volatility and domestic pressure at the annual Economic Journalists Association of the Philippines (EJAP) forum on Friday, Aug. 14. Finance Secretary Frederick Go, Bangko Sentral ng Pilipinas (BSP)...
Frankfurt-based Deutsche Bank expects the Bangko Sentral ng Pilipinas (BSP) to deliver another interest rate hike at its upcoming Aug. 27 policy meeting, despite slowing headline inflation and underperforming economic growth. In a commentary, Deutsche Bank projected a quarter-point increase this...
Pressure on the Bangko Sentral ng Pilipinas (BSP) to raise its benchmark interest rate has eased after economic growth slowed to a post-pandemic low in the second quarter of the year, according to the central bank officials. Speaking to reporters on the sidelines of the central bank’s...
Malacañang expects the Philippine economy to regain momentum in the second half of the year after growth slowed to 2.3 percent in the second quarter, with the government moving to accelerate spending and infrastructure projects. Presidential Communications Office (PCO) Undersecretary Claire Castro...
