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BUSINESSJul 26Gov . Pillen Leading Nebraska Trade Mission to Japan , PhilippinesGovernor Pillen is leading a Nebraska trade mission to Japan and the Philippines. This initiative aims to foster international business relationships.klin.com · United States
BUSINESSJul 26Oman , Philippines push investment corridorOman and the Philippines are working to promote an investment corridor between their countries. This initiative aims to foster economic cooperation and investment opportunities.omanobserver.om · Oman
BUSINESSJul 24Ajinomoto Philippines demonstrates science - led approach to sustainable food operations through factory tourAjinomoto Philippines showcased its science-led strategies for sustainable food operations during a factory tour. This highlights the company's commitment to environmentally responsible business practices.manilatimes.net · Philippines
BUSINESSJul 24Is it all economic doom and gloom for the Philippines?A potent cocktail of domestic and international political headwinds continues to weigh on the Philippines’ economic recovery, even as inflation eased in June. Economists point to turmoil in the Senate and a recent corruption scandal that rocked the nation as internal shackles holding back an already fragile economy reeling from energy shocks and extreme weather. Dutch financial think tank ING said in a recent report that political uncertainties compounded the Philippines’ economic pressures...South China Morning Post
BUSINESSJul 23Philippines plugs into Indonesian power link to shockproof energy supplyThe Philippines’ push to establish a cross-border grid with Indonesia highlights the growing urgency of securing energy supplies amid soaring electricity costs, marking another step towards a long-delayed regional power network. Analysts hail the move as crucial for addressing domestic energy woes and unlocking mutual interests between neighbours, though they also point to geographical and supply-chain challenges. Manila’s Department of Energy said last month that efforts were under way to...South China Morning Post
BUSINESSJul 18Can Philippines turn reforms into gains in Southeast Asia’s FDI race?Not so long ago, the Philippines was bedevilled by warning signs to investors, from its corruption to its groaning infrastructure and a fuel crisis born of a war fought thousands of miles away. Those problems have not simply disappeared, but a flurry of business-friendly reforms – paired with ambitious plans to upgrade the nation’s railways, ports and power grid – now puts it in a stronger position to capture some of the billions of dollars seeking a home outside the region’s recent supply chain...South China Morning Post
BUSINESSJul 16Acer extends 20 - year leadership as the PhilippinesAcer has extended its twenty-year leadership position in the Philippines, highlighting its sustained market presence and success in the region.manilatimes.net · Philippines
BUSINESSJul 16Philippines’ iconic jeepneys face rocky road to go electricFor generations, jeepneys – brightly painted minibuses that are among the Philippines’ cheapest and most used forms of public transport – have run on diesel, but recent fuel shocks are forcing thousands of small operators and drivers to weigh volatile prices against the debt needed to go electric. Diesel prices spiked anew by nearly 5 pesos this week, as renewed tensions in the Gulf threatened to strain the country’s public transport sector, giving new urgency to the uneven shift towards...South China Morning Post
BUSINESSJul 10Why the Philippines is losing out in Southeast Asia’s investment boomThe Philippines still lags behind its neighbours in attracting foreign direct investments (FDI) after its inflows remained stagnant in 2025, even as a financing influx swept the region. This has cast the spotlight on a corruption scandal that has roiled the country and dented investor confidence to some extent, on top of long-standing systemic issues, analysts say. Manila ranked sixth in Southeast Asia after capturing just US$9 billion of the US$244 billion capital boom last year, according to...South China Morning Post
BUSINESSJul 9Philippines got an economic upgrade, yet many Filipinos feel it’s no ‘big deal’The World Bank recently upgraded the Philippines to an upper-middle-income country, but that classification makes little difference to many Filipinos grappling with rising cost of living, debt and stagnant wages. Manila resident Ann Michelle Federez-Abato, 35, said her entire salary goes towards her parents’ mortgage, while she and her two-year-old daughter subsist on a monthly remittance of 20,000 pesos (US$324) from her husband, who works abroad as a production officer at a factory. Much of...South China Morning Post
BUSINESSJul 8In Philippines, solar power becomes ‘practical necessity’ as energy costs soarJoab Jorge runs Dream Latte Cafe, a speciality coffee shop and small-batch roastery, with his mother Ces out of their old ancestral home in Pilar, a town in Bataan province some 180km (112 miles) northwest of Manila. Rising electricity costs and frequent blackouts have put a strain on the business, which has already had to raise prices by 10 per cent to cover higher costs for goods and imported coffee beans since the energy crisis triggered by the closure of the Strait of Hormuz in February. The...South China Morning Post
BUSINESSJul 6Philippines races to lock in cheaper loans after upper - middle - income upgradeFollowing its upgrade to upper-middle-income status, the Philippines is actively seeking to secure more affordable loans. This development reflects the country's efforts to leverage its improved economic standing for financial benefits.rappler.com · Philippines
BUSINESSJul 6Philippines’ record capital wage rise leaves workers hungry for moreIn the Philippine capital, 85 pesos (US$1.40) is barely enough to buy a meal for one, let alone a family of five. Yet that modest sum, roughly the price of 1½kg of premium imported rice, is the largest single wage increase ever approved for Metro Manila’s minimum-wage earners. The government called it “historic”. Labour groups called it an insult. The increase, to be rolled out in two stages, was confirmed by the Department of Labour and Employment on Tuesday. Non-agricultural workers will see...South China Morning Post
BUSINESSJul 3US, European business groups hail Philippines’ new World Bank statusForeign business groups welcomed the Philippines’ leap to upper-middle-income status as a positive signal of the country’s growing position as a competitive investment destination. In a statement, the American Chamber of Commerce of the Philippines (AmCham) said the World Bank’s reclassification of the Philippines is an important milestone in the country’s pursuit of economic progress. “This achievement sends a positive signal to global investors at a time when companies are reassessing supply chains, expanding regional operations, and looking for new growth markets across the Indo-Pacific,” AmCham said. The Philippines moved up from lower-middle-income to upper-middle-income-country (UMIC) status after its gross national income (GNI) per capita reached a record $4,850, according to the World Bank. AmCham said the Philippines’ new status will further strengthen its appeal to American companies looking to invest in Southeast Asia. The group noted that the country is already attractive due to its young and skilled workforce, strong English proficiency, and longstanding economic ties with the US. “These advantages, combined with a growing consumer market, position the Philippines to attract more investments in advanced manufacturing, digital services, infrastructure, healthcare, and other high-value sectors,” it said. To ensure that this momentum carries into the coming years, AmCham said the country must focus on instituting reforms aimed at sustaining growth and enhancing competitiveness. Among the top priorities, according to the group, is advancing policies that encourage innovation and investment to position the Philippines to attract more high-value investments and create better jobs. This also includes accelerating infrastructure development, improving digital connectivity, ensuring affordable and reliable energy, streamlining government processes, and strengthening public-private partnerships, AmCham said. “Continued public-private sector collaboration will be essential to ensuring that this milestone translates into broader economic opportunities and long-term prosperity,” the group added. The European Chamber of Commerce of the Philippines (ECCP) said in a separate statement that the country’s UMIC status comes at a pivotal time for economic relations between the European Union (EU) and the Philippines, especially as both sides look to complete negotiations for a free trade agreement (FTA). “As the Philippines advances in its development path, the timely conclusion of an ambitious, balanced, and commercially meaningful EU-Philippines FTA becomes even more important,” said ECCP President Diana Edralin. She said the trade pact will build on the Philippines' economic gains by unlocking new opportunities in trade and investment and establishing a more permanent and reciprocal framework for market access to the EU. (Dexter Barro II)mb · philippines
BUSINESSJun 30Philippines courts Greater Bay Area investors as gateway to Southeast AsiaThe Philippines is uniquely positioned to serve as a gateway for Greater Bay Area businesses into Southeast Asia, the country’s trade secretary said on Tuesday, as she outlined Manila’s push to promote a pro-investment environment. Speaking at the South China Morning Post’s GBA-Asean Summit 2026, Cristina Aldeguer-Roque urged investors to view the Philippines as a springboard into the region and to tap into the country’s young, digitally fluent workforce. “We are a maritime, demographic and...South China Morning Post
BUSINESSJun 29Philippines becomes world’s top solar spender amid Middle East energy crisisPeople in the Philippines are flocking to install solar power on rooftops and escape the burden of soaring electricity prices, making it the world’s biggest spender on solar panels since the war in Iran started. Top power distributor Meralco has raised prices by 10 per cent since the Middle East conflict began in late February. Now, a median household spends around 12 per cent of monthly ‌income on electricity, assuming it consumes 200 kilowatt-hours – around the monthly average for three...South China Morning Post
BUSINESSJun 19Novva acquires 120MWp Philippines solar projectNovva has completed the acquisition of a 120MWp solar energy project located in the Philippines. This represents a significant investment in renewable energy infrastructure.pv-tech.org · United States
BUSINESSJun 18HMPI Expands Enterprise Support Services as the Philippines Continues to Attract International Business ActivityHMPI is expanding its enterprise support services as the Philippines continues to attract international business activity. This reflects growth in both the company's operations and the broader economy.manilatimes.net · Philippines
BUSINESSJun 17Comparing Vietnam and the PhilippinesI was in Vietnam last week and I saw how the country has impressively leapfrogged to overtake the Philippines economically. Our country has been left behind, as clearly visible on the ground and as shown by statistics. Vietnam’s economic pace will leave us even farther behind in the years to come, if our politics continues [...]... Keep on reading: Comparing Vietnam and the Philippinesinquirer · philippines
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