British Chamber sees strong investment potential in PH but reforms needed

GMA Network - Oct 23, 2026

The Philippines remains an attractive destination for British investments despite the challenges involving corruption, bureaucracy, and rising costs, according to the British Chamber of Commerce Philippines, which is calling for stronger legislation, improved infrastructure, and continued economic reforms.

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Philippine merchandise exports seen breaching $100-B mark in 2026

Oct 23, 2026

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MANILA, Philippines — Philippine merchandise exports could breach the $100-billion mark for the first time this year, as booming global demand for semiconductors and electronics continues to drive the country’s shipments to record highs. Trade Undersecretary Ceferino Rodolfo expressed confidence that exports would sustain their momentum through the remaining months of 2026, and potentially push

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Oct 23, 2026

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MANILA, Philippines — A joint circular from the Department of Energy (DOE) and the Department of Environment and Natural Resources (DENR) might undermine the government’s efforts to make the Philippine mining industry a major driver of economic growth, according to industry players. The Chamber of Mines of the Philippines and the Philippine Nickel Industry Association warned

Peso extends losses, falls past 63.5:$1

Oct 23, 2026

Peso extends losses, falls past 63.5:$1

MANILA, Philippines — The Philippine peso sank to another record low on Thursday, extending its slide despite a larger-than-expected interest rate increase by the Bangko Sentral ng Pilipinas (BSP), as broad US dollar strength continued to weigh on the currency. The local currency weakened by 15.9 centavos to close at 63.52 per dollar, surpassing the

Ecozone investments meet P300-billion 2026 target early

Oct 23, 2026

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MANILA, Philippines — Investments at economic zones drew closer to reaching a record high in 2026 after the Philippine Economic Zone Authority (Peza) approved new projects that brought its year-to-date pipeline to P309.63 billion, surpassing the agency’s full-year target. According to Peza, the investment tally as of October marked a 76.56-percent increase from P175.365 billion

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Oct 23, 2026

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MANILA, Philippines — The Power Sector Assets and Liabilities Management Corp. (Psalm) failed to realize at least P11.09 billion from the planned sale of a portion of its Diliman property, after prospective buyers were no-shows on the bidding deadline. Psalm President and CEO Edward Dela Serna said the state-run company declared a “failed bidding” on

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Oct 23, 2026

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Oct 23, 2026

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MANILA, Philippines — Global payments firm Visa is exploring stablecoin use cases with Philippine banks and fintechs as it seeks to reduce the cost and friction of cross-border payments, amid still limited awareness and trust in the emerging digital currency among Filipino consumers. This comes as Visa’s Money Travels 2026 study found that roughly four

Top brands honored at Inquirer–Statista Best Customer Service Awards

Oct 23, 2026

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MANILA, Philippines — Customer expectations are shifting faster than ever, and delivering a superior customer service experience has become a significant differentiator in business. A number of these companies that have set a high standard for service excellence in the Philippines were recognized in an exclusive awarding ceremony held last Oct. 9 at the Edades

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Oct 23, 2026

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Oct 23, 2026

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Oct 23, 2026

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