The planned Pax Silica Industrial Hub aims to make the Philippines a bigger player in artificial intelligence and advanced manufacturing while creating quality jobs, President Ferdinand Marcos Jr. said on Monday.
During his State of the Nation Address on Monday, President Ferdinand Marcos Jr. urged Congress to pass a tax relief package that would exempt workers earning up to P350,000 a year from income tax.
The Management Association of the Philippines (MAP) urged the government to pivot from politics to economic execution following President Marcos’ 2026 State of the Nation Address (Sona), saying governance reforms should be matched with a clear agenda for jobs, investments, and economic resilience.
The country’s top financial executives warned the newly approved P85 daily wage hike in Metro Manila could end up hurting workers if the government fails to follow through with reforms that lower business costs and attract investment.
In the early 1980s, Robert Prechter popularized the idea that social mood often appears first in popular culture before showing up in economic statistics and financial markets. Bullish societies celebrate innovation, risk-taking, and the future. Anxious societies embrace nostalgia, family, community, and survival. If that framework is correct, then today's television landscape is sending a powerful signal.
The Philippine economy has moved beyond the immediate shock of the Gulf conflict and into a prolonged adjustment period, with businesses and consumers adapting to persistently high energy costs rather than retreating from spending, according to a market update by Reyes Tacandong & Co.
Finance Secretary Frederick D. Go said the Philippines’ transition to the World Bank’s upper-middle income category validates the Marcos administration’s economic reforms after the country joined economies such as Malaysia, Thailand, and China.
San Miguel Corp. said P1.43 trillion, or about 95 percent of the P1.5 trillion it generated in revenue last year, flowed back into the Philippine economy, according to its latest Sustainability Report.