The International Monetary Fund (IMF) has raised its 2026 economic growth forecast for the Philippines, signaling continued confidence in the country’s resilience and reform-driven momentum. In its latest World Economic Outlook report, the IMF now expects the Philippine economy to grow by 5.9 percent in 2026, slightly higher than its previous forecast of 5.8 percent.  For 2025, the country’s gross …

Rehabilitating Epifanio de los Santos Avenue (EDSA) has been officially pushed back to give way to the ASEAN Summit to be hosted next year by the Philippines, according to the Department of Public Works and Highways (DPWH). “It is not feasible anymore to begin the project this year (due to the rains). We can do this maybe next year” or …

The Department of Transportation (DOTr) is fast-tracking completion of the P488.5-billion Metro Manila Subway Project, with delays attributed to contentious right-of-way issues with affected property owners. Transport Secretary Vince Dizon said, “No, we’re not on track. The subway is very delayed.” Dizon said the full completion of the Metro Manila Subway Project is now projected for 2032, a delay from …

Government has decided to push back the planned phaseout of turboprop flights out of the Ninoy Aquino International Airport (NAIA) from October 2025 to March 2026. The Manila Slot Coordination Committee (MSCC) – composed of the Department of Transportation (DOTr), Manila International Airport Authority (MIAA), Civil Aviation Authority of the Philippines (CAAP), Civil Aeronautics Board (CAB), and the New NAIA …

Philippine Airlines (PAL) improved its second quarter net income by 48% to $60 million with more passengers sustaining its profitable operations for the 15th consecutive quarter. This brought net profit to $137 million for the first half of 2025, up 12% from last year, while six-month operating income amounted to $146 million. Revenues for the second quarter alone reached $831 …

Transport experts are telling government – a comprehensive and integrated transport plan should incorporate active transportation options like walking and cycling, along with first-mile, last-mile connectivity solutions, to create a seamless and efficient network for commuters. Ira F. Cruz, a transport advocate and director of AltMobility PH, said, “Investment in rail is important, but it is not the sole solution …

For years, many Filipino farmers have been unable to break the cycle of debt and dependency that often accompanies farming. But through SM Foundation’s Kabalikat sa Kabuhayan (KSK) Farming Program, the beneficiaries are now finding ways to generate a reliable income from agriculture. Among those whose lives have changed is Connie Flores, a mother of six and a 2023 graduate …

Filipinos can now invest in government securities using their GCash mobile wallets, thanks to a new platform launched by the Bureau of the Treasury (BTr) in partnership with GCash, PDAX, and Bonds.ph. The platform, called GBonds, allows users to purchase Treasury bills (T-bills) for as low as P500, with no fees for top-ups and withdrawals and standard rates for buying …

The Bangko Sentral ng Pilipinas (BSP) and the Bureau of the Treasury (BTr) have joined forces to reinforce the safety and resilience of the country’s key financial market systems. Through a memorandum of understanding (MOU) signed at the BSP office, the two institutions committed to safeguarding interconnected platforms such as the BSP’s Peso real-time gross settlement system (PhilPaSSplus) and the …

BDO Unibank Inc. reaffirmed its support for foreign investors by welcoming members of the Kyoto Employers Association (KEA) during their first official business mission to the Philippines. Held at BDO’s Makati headquarters, the visit was organized in partnership with the Philippine Trade and Investment Center in Osaka. The Japanese delegation, composed of KEA’s next-generation leaders aged 50 and below, represented …