The ADB approved a $1.5-billion loan to help the Philippines fund fuel subsidies, fare discounts, cash aid and other support amid the Middle East conflict. Read more »
ADB and S&P Global Ratings have lowered their economic growth forecasts for the Philippines, citing the prolonged impact of the Middle East crisis, weaker investments, and lingering price pressures. Read more »
Thousands of sugarcane farmers in Negros affected by a pest infestation are receiving emergency financial assistance as the government works to help cushion the losses caused by damaged crops. Read more »
The Philippine labor market recorded a weaker performance in July, with the unemployment rate reaching 6.0 percent, according to data from the Philippine Statistics Authority released Tuesday. Read more »
The Philippines is set to see a major expansion in hotel capacity, with 45,884 rooms across 213 properties projected to open by 2032. Read more »
A new development framework is being considered for the Ifugao Rice Terraces as the government looks to protect the historic landscape while creating more sustainable opportunities for the communities that depend on it. Read more »
