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Manufacturers warn of overdependence on services sector, call for revitalization of domestic industries

A manufacturing group has warned that the Philippine economy runs the risk of overdependence on growth from the services sector, which cannot fully absorb...

PH GDP plunges on loss of confidence in gov’t, institutions, and climate impacts

Loss of confidence in government and its institutions, coupled with devastating typhoons, proved to be a sure recipe for an economic plunge. This is what...

PEZA Board approves PHP12.86 B worth of projects in January

The Philippine Economic Zone Authority (PEZA) opened 2026 with robust investment commitment, approving 18 new projects with combined investments of PHP12.86 billion during its...

BCDA, Berthaphil sign MOU to advance aviation-related industries in Clark

The Bases Conversion and Development Authority (BCDA) has partnered with industrial real estate developer Berthaphil Inc. to advance the development of aviation-related industries within...

IBPAP targets USD42-B revenues, 1.97 M full-time employees in 2026

The Philippine IT-BPM sector is poised to grow this year  to 1.97 million full-time employees from 1.89 million in 2025, and around USD42 billion ...

Industry veteran takes helm at CAMPI, champions continued automotive industry development

Automotive industry veteran Jose Maria “Jing” Atienza has assumed the presidency of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI), which represents...

Marcos administration targets 2026 as “Rally Point” for faster project delivery and restored public trust

The Economy and Development (ED) Council, chaired by President Ferdinand R. Marcos Jr., has officially designated 2026 as a strategic "rally point" to accelerate...

DOTr grounds all passenger vessels of Aleson Shipping

The Department of Transportation (DOTr) on Tuesday, January 27, ordered the grounding of the entire passenger fleet of Aleson Shipping Lines and directed the...

EV sales seen growing 8% in 2026 on market expansion, competition pressures

The electrified vehicle (EV) market is expected to grow by at least 7–8 percent this year as adoption expands beyond personal mobility into logistics,...

JRS Express announces a strategic partnership with UPS to broaden its worldwide logistics reach

JRS Express, the Philippines’ leading nationwide courier and logistics provider, is proud to announce a strategic partnership with UPS, a global leader in logistics...

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