Wednesday, 25 February 2026

The Philippines remains in a favorable position to attract investments and deepen regional cooperation

 ‘Philippines in good spot’

Despite rising trade tensions

Story by Keisha Ta-Asan
Philstar Global
25 February 2026

MANILA, Philippines —  The Philippines remains in a favorable position amid evolving global trade dynamics and will continue engaging the United States while leveraging its role as ASEAN chair to attract investments and deepen regional cooperation, Finance Secretary Frederick Go said yesterday. Speaking on the sidelines of the ASEAN Editors & Economic Opinion Leaders Forum, Go said the government would maintain dialogue with the US through existing trade channels even as uncertainties persist.


“Of course we will continue to engage with the US. The foreign trade desk continues to do that,” he said.

“As I always say, the majority of our semiconductors are exempted and the majority of our key agri exports are exempted. So I’d say we’re in a good spot, but of course we will continue to engage with our counterparts there,” Go added.

The global trade environment has grown more uncertain after US President Donald Trump announced plans to raise global tariffs to 15 percent, following a Supreme Court ruling that struck down his earlier sweeping import duties. The move has heightened concerns among trading partners and exporters, including those in Southeast Asia, as governments weigh the impact of potential disruptions to supply chains and market access.

In his keynote speech, Go said the Philippines intends to capitalize on its position as ASEAN chair by aligning economic policies with regional priorities such as stability, connectivity and inclusive growth.

He noted that Southeast Asia remains one of the world’s fastest-growing regions, supported by favorable demographics, expanding trade corridors and deeper economic integration. Within this context, the Philippines is positioning itself as a model for policy execution and investment facilitation.

“Across ASEAN, competition for quality investment has intensified and investors increasingly compare destinations based on execution capacity, not just policy announcements,” he said.

Go said the government’s strategy centers on improving the ease, cost and predictability of doing business, anchored on several major reforms aimed at attracting long-term investments.

According to Go, the Philippines is well positioned within Indo-Pacific trade routes and supply chain realignments, particularly in clean energy and advanced manufacturing.

Renewable energy has emerged as a major investment driver, with a large portion of registered investments flowing into solar, wind and hydropower projects.

He also pointed to opportunities in electric vehicle components, semiconductors, smart agriculture and creative industries, noting continued expansion by global electronics firms.

Go said recent trade negotiations underscore the need for the Philippines to diversify export destinations.

“What it made clear to us is that we have to open new markets. We have to create new markets for the Philippines to trade with,” he said, citing ongoing efforts to secure more economic partnership agreements.

Among the priorities is a planned free trade agreement with the European Union, which he described as a key target for this year.

As ASEAN chair, Go said the Philippines aims to strengthen regional economic cooperation and raise investor confidence across member states.

“Our message to investors is framed within ASEAN’s broader growth story. The Philippines is open for business. It is prepared for long-term partnership within a fast-growing regional block,” he said.

He added that the country seeks long-term partnerships anchored on policy reforms, investment facilitation and regional collaboration to translate growth into shared prosperity.

Friday, 13 February 2026

More Philippine companies landed on TIME’s list of the best companies in Asia-Pacific 2025

36 Philippines firms in TIME Asia-Pacific’s best list; BPI cracks top 10

Richmond Mercurio
Philstar Global
13 February 2026

MANILA, Philippines —  More Philippine companies landed on TIME’s list of the best companies in Asia-Pacific this year, led by Ayala-controlled Bank of the Philippine Islands (BPI), which broke into the top 10.


A total of 36 Philippine companies made TIME and Statista’s Asia-Pacific’s Best Companies of 2026 list, up from 29 firms a year earlier.

In ranking the region’s best companies, three key metrics were used to assess firms: employee satisfaction, revenue growth and environmental, social and governance or ESG evaluations.

BPI was the highest-ranked Philippine firm on the list, placing 10th among 500 companies with an overall score of 93.83.

Coming in at second place was Ayala Corp., the country’s oldest conglomerate, at No. 35, followed by the SM Group’s banking arm, BDO Unibank, at No. 47.

Two other Filipino companies made the top 100 – Ayala’s real estate arm, Ayala Land, at 73rd and Frederick Dy-chaired Security Bank at 88th.

SM Investments, the Sy family’s investment holding firm, landed at 101st, followed by broadband services provider Converge ICT Solutions  at 115th.

Yuchengco-led RCBC and Aboitiz-led UnionBank came in at No. 137 and No. 140, respectively.

Rounding up the top 200 were beverage firm Ginebra San Miguel at the 150th spot, Asian food conglomerate Jollibee Foods at 152nd place and Lucio Tan-owned Philippine National Bank at 185th.

Also making the list were Alliance Global Group (227th), SM Prime Holdings (229th), Universal Robina Corp. (246th), Meralco (250th), Manila Water (264th),  Chinabank (273rd), JG Summit Holdings (302nd), Filinvest Development Corp. (306th), Megaworld (309th), Bloomberry Resorts (320th), ICTSI (340th), Robinsons Retail Holdings (341st) and Cebu Pacific Air (350th).

Other Philippines companies included were PLDT (371st), Land Bank of the Philippines (375th), Concepcion Industrial (404th), Vista Land (408th), ACEN (410th), Globe Telecom (448th), Puregold Price Club (452nd), San Miguel (476th), Apex Mining (479th), Max’s Group (494th) and Wilson Depot (499th).

TIME said that banking and financial services once again dominated this year’s ranking of the region’s best companies.

Indian firms made up the lion’s share, taking up 179 spots in the list.

Overall, Singapore’s DBS Bank claimed the top spot, followed by the Commonwealth Bank of Australia, Toyota and Sumitomo Mitsui Financial Group of Japan and India’s Mahindra Group.

Completing the top 10 were Australia’s Woolworths Group and QBE Insurance Group, South Korea’s Hyundai, Bendigo and Adelaide Bank of Australia.

Sunday, 1 February 2026

IT’S AN A+ grade for the Philippines in serving as host of a Women’s Tennis Association

Philippines has bigger chance of staging higher-level tournaments

Business World
February 1, 2026

IT’S AN A+ grade for the Philippines in serving as host of a Women’s Tennis Association (WTA) tournament for the first time in history at the new-look Rizal Memorial Tennis Center.

From players to coaches, WTA officials and fans, the country passed the test across the board with flying colors for now a bigger chance of staging higher-level tournaments in the coming years.


“It’s a smashing success. We’ve talked to some of the coaches and players; and all of their reviews were very good. There are minimum standards (court, venue, hotel) that were supervised by the WTA but I think we went beyond that, including the exceptional hospitality of the Filipino people. Everyone is happy and want to be part of something great,” beamed Philippine Tennis Association (PHILTA) Secretary General and Navotas City Mayor John Rey Tiangco, a former tennis player himself.

“Well, to tell you the truth, it’s an excellent turnout… If you’re asking me if the Philippines would be ready to do a tournament of a higher caliber, then they’re ready,” said WTA supervisor Cristina Romero Contla from Mexico.

The Philippines never had a tennis tournament of international standards as the WTA until this year with the Philippine Sports Commission led by Chairman Patrick “Pato” Gregorio and the PHILTA teaming up to make it happen, thanks to an inspiration from world sensation Alexandra Eala.

Although Ms. Eala failed to reach the final of her first professional home tournament, the bigger picture of trying to impress the world with the country’s capability to stage international events was achieved, not to add a thrilling finale that was supported by the Filipinos nonetheless.

Tickets, in fact, were sold out from Day 1 to the final with or without Ms. Eala as crowd darling Donna Vekic of Croatia and eventual champion Camila Osorio of Colombia were showered by an equally warm love from the home fans.

For the WTA, that exceptional Filipino hospitality — marked by the nail salons, spas and other wellness service inside the venue atop the standardized gyms, hotels and courts — was the X Factor, putting the Philippines in a league of its own compared to other countries as a host.

“Well, I have to say that I have done several 125s and I have to say this has a very high standard for it. Actually, it competes with 250s in different categories. And I think that the most important part is that we all felt very welcome here in the Philippines,” added Ms. Contla.

The distinguished players, who have been all over every city for the year-round WTA Tour, agreed.

“I think aside from Colombia, this is No. 1 for me,” said Ms. Osorio, whose magical run in Manila included a 6-4, 6-4 win over local star Ms. Eala and punctuated by a 2-6, 6-3, 7-5 win over Paris Olympics silver medalist Ms. Vekic. “I’ve never seen many people in my match away from home. It’s a pleasure to play for you. I hope I can come back.”

“It was really a pleasure playing in front of you. This city deserves a bigger tournament in the future so I hope to come back. I don’t know much Filipino but maraming salamat,” added Ms. Vekic, dubbed as “adopted Filipina” after being a good sport to Ms. Eala despite losing in their last two overseas matches leading to Manila.

“It is super nice. I think that everybody agrees with me that the tournament seems to have existed for years. It is so well-organized,” added German legend Tatjana Maria, the No. 1 seed in the trailblazing tourney. “It is super, super good here. Everyone is super kind.”

All of these signs lead to a WTA 250 next year, most if not everyone expects.

But while the country checked all the boxes in its first WTA foray as part of a three-year contract with the WTA and as much as Filipino fans wanted it, there’s more to it than hosting a 250 or higher level.

Compared to the 125 level which WTA owns and offers for franchise in up to 60 cities each year, the 250s, 500s and 1000s are already set annually with ownership from private entities.

“Of course, people want bigger and better ones, that’s expected. But it’s a different process,” Mr. Tiangco clarified. “We’ll have to deal with them. It’s either you lease or buy it so we have to negotiate. It’s not a sure thing.”

For now while trying to pull all the stops for 250s and higher tournaments, the Philippines will make the most out of its WTA franchise even with the base 125 levels along with the planned hosting of Asian junior and ITF tournaments. — John Bryan Ulanday


Wednesday, 28 January 2026

Camiguin among New York Times' '52 places to go in 2026'

Camiguin among New York Times' '52 places to go in 2026'

GMA Integrated News
28 January 2026

Camiguin is among the New York Times’ “52 Places to Go” in 2026.

Listed No. 37, Camiguin is described as a “water lover’s paradise with sandbars and hot springs."


“Camiguin is foremost a destination for those who love the water, with treasure-chest-size neon clams, an abundance of sea turtles around white sandbar islets, hot and cold springs, and waterfalls for bathing,” the New York Times writer Patrick Scott wrote.

The article also noted Camiguin’s soon-to-open boardwalk in the town of Mambajao later this year, as well as its sunken cemetery and its reputation as a sports tourism destination for swimming and running races, including triathlons.

Earlier in January, Governor Xavier Jesus Romualdo said in a statement that tourist arrivals in Camiguin increased from 288,558 in 2024 to 397,818 in 2025, a nearly 37.86% increase.

Other Southeast Asian countries featured on the list include Penang, Malaysia, Bangkok, and Vietnam.

“52 Places To Go” is an annual travel list published by the New York Times. — Hermes Joy Tunac/LA, GMA Integrated News

Monday, 26 January 2026

Asia’s first portal opens in the Philippines

Asia’s first portal opens in the Philippines

GMA Integrated News
26 January 2026

The global art portal has finally expanded to Asia, landing in Bonifacio Global City, Taguig.

The installation marks the first Portal in the Philippines and only the sixth worldwide. It has existing locations in the United States, the United Kingdom, and Lithuania, where the project originated.


Located on 5th Avenue at Bonifacio High Street in Taguig, the BGC Portal features a 24/7 livestream connecting it with Portals in Vilnius (Lithuania), Lublin (Poland), Dublin (Ireland), Philadelphia (United States), and Ipswich (United Kingdom).

Additional Portals are set to launch in Brazil and other countries later in 2026.

“Bringing the Portal to BGC in Manila, a city known for genuine warmth and a deep sense of human connection, expands our vision of a world connected not by borders, but by direct human encounter,” Portals Organization founder Benediktas Gylys said in a press release.

The BGC Portal is spearheaded by the Portals Organization, a global network based in Vilnius and Berlin that creates creates immersive spaces connecting people across borders to experience Earth as one.

First conceived in 2016 by Gylys, the first Portals installation opened in 2021 connecting Vilnius and the Polish city of Lublin.  

— Hermes Joy Tunac/LA, GMA Integrated News

Friday, 23 January 2026

Filipina nominated for best cinematography at Oscar's

 Filipina cinematographer Autumn Durald Arkapaw makes Oscar history with 'Sinners'

Iza Iglesias 
Manila Times
23 January 2026

MANILA, Philippines — Cinematographer Autumn Durald Arkapaw has entered Oscar history as the first Filipina and the first woman of color nominated for best cinematography.  


Arkapaw was nominated for her work on the 2025 horror film “Sinners,” directed by Ryan Coogler, which led all films this year with a record 16 Academy Award nominations. Her recognition places her in a category that has long excluded women, with only three ever nominated and none having won. 

Arkapaw, born in Oxnard, California, and raised in the San Francisco Bay Area, is of Filipino descent on her mother’s side and African American Creole on her father’s. She follows Rachel Morrison as only the second woman nominated in the category and Matthew Libatique as the second Filipino nominee. 

Her work on “Sinners” was already historic even before awards season. Arkapaw became the first female cinematographer to shoot a feature film on large-format IMAX 65mm and Ultra Panavision 70, formats typically reserved for big-budget epics and rarely helmed by women. 

Reflecting on the nomination, Arkapaw told Variety, “To have other people, like young girls and boys see you out there, speaking about what you do and showing them that it matters, that’s been really fun. I thought how special it would be for in the future someone to look up this nomination, because I’m the fourth woman. And I know the ones that came before me.” 

She said attending the Oscars with her son will make the moment even more meaningful. 

“My son can go because he’s that age. So that’s going to be fun for me, just seeing his reaction to all of this, and just seeing his little face react to all of this stuff. Because, you know, when we make these films, I have to be away. And I think for him to see what that culminates to is really special,” she added. 

Arkapaw studied art history at Loyola Marymount University and later graduated from the AFI Conservatory’s cinematography program in 2009. She began her career in advertising and as a camera assistant before moving into feature films. In 2022, she was invited to join the American Society of Cinematographers, one of the industry’s most prestigious professional organizations. 

Though often behind the camera, Arkapaw has spoken about the importance of visibility in filmmaking. She told Vogue Philippines in a previous interview, “We know there will be black and brown girls and boys who see themselves in us, looking for inspiration. If we approach our work with care, it can help light the way for someone else’s journey, and to me, that’s truly beautiful.” 

The 98th Academy Awards ceremony will take place on March 15 at the Dolby Theatre in Hollywood, Los Angeles. 

Tuesday, 20 January 2026

Philippines makes major natural gas discovery

Philippines makes major natural gas discovery

Kristina Maralit,Ed Paolo Salting,Allen Limos
Agence France-Presse 
The Manila Times
20 January 2026

(UPDATE) THE Philippines has struck natural gas at Malampaya East-1, the first major discovery in more than a decade, President Ferdinand Marcos Jr. announced Monday.


In a video message posted online, Marcos said this gives “fresh momentum to our efforts to secure a stable and reliable energy supply for the country.” The discovered reservoir is located about five kilometers east of the existing Malampaya field and estimated to contain around 98 billion cubic feet of gas in place.

This is equivalent to almost 14 billion kilowatt-hours of electricity per year that could supply electricity to more than 5.7 million households, 9,500 buildings or almost 200,000 schools.

Based on initial testing, the well flowed at 60 million cubic feet per day.

“This indicates that the well has the potential to produce even more, confirming it is a high-productivity resource comparable to the original Malampaya wells,” Marcos said in Filipino.

Aside from the natural gas, the discovery also includes condensate, a high-value liquid fuel that can help support the government’s efforts for the stabilization of the country’s power supply.

“We are proud that Filipinos led this drilling. Most importantly, they completed it without any accidents or environmental incidents,” the chief executive said.

“This is proof that when the government’s direction is clear and our partners are efficient, we can strengthen the country’s energy security,” he added.

Marcos said the achievement was made possible through the work of the SC 38 Consortium led by Prime Energy Resources Development B.V. in partnership with UC38, PNOC Exploration Corp., and Prime Oil and Gas Inc.

“This is proof that with responsible environmental protection and strong collaboration between the government and the private sector, we can achieve a more reliable energy supply for every Filipino,” he said.

Breakthrough

Prime Energy hailed the discovery of a new natural gas field as a breakthrough for Philippine energy independence.

“This gas discovery is a victory of the Filipino people. When we assumed operatorship, we committed to the president and the nation to breathe new life into Malampaya and revitalize the indigenous natural gas sector. Today, we are delivering on that commitment,” the firm said in a statement.

“We thank President Marcos for his leadership, particularly for approving the extension of SC38 and for the enactment of the Philippine Natural Gas Industry Development Act, which provides the stability and confidence needed to pursue continued exploration of additional gas resources,” it added.

Malampaya East-1 is a newly discovered reservoir, confirming the presence of 98 billion cubic feet of additional natural gas and associate condensate. Initial well date indicates volumes equivalent to around one-third of the remaining Malampaya gas volumes.

The next phase of the Malampaya 4 drilling involves the completion and testing of Camago-3, followed by the drilling of Bagong Pagasa exploration well. Malampaya 4 was certified a project of national significance. Since its inception, the Malampaya project has generated more than $13.9 billion in revenues for the government, while reducing dependence on imported fuel.

The Philippines has some of the region’s highest energy costs and faces a looming crisis as the Malampaya gas field, which supplies about 40 percent of power to Luzon, is expected to run dry within a few years.

The discovery, the first in more than a decade, suggested the potential to produce even more, Marcos said.

The Philippines — regularly affected by electricity outages — relies on imported carbon-belching coal for more than half of its power generation.

Energy stakeholders on Monday welcomed the discovery of natural gas at the Malampaya East-1 site in Palawan.

“This milestone is a testament to the world-class capability of Filipino engineers in securing our country’s energy future. Reliable power fuels our everyday life, including the lights in our homes, the continuity of work and enterprise, and the stability our schools, hospitals, and communities depend on,” Energy Secretary Sharon Garin said.

“With this discovery, we will pursue this opportunity with discipline, while maximizing value for Filipinos, upholding environmental stewardship, and ensuring that every milestone strengthens our national interest,” she added.

In line with this, the DOE said it will continue to work closely with the Malampaya consortium and relevant agencies to ensure timely, compliant, and transparent next steps, covering technical evaluation, development planning, and all required regulatory and environmental safeguards, so that potential benefits are converted into real, dependable supply for the grid when ready.

Prime Energy said the first natural gas discovery in Philippine territory in over a decade will help boost the existing field’s remaining recoverable volumes by an estimated 30 percent.

The Malampaya East-1 site is the first major milestone under the Malampaya Phase 4 Drilling Campaign, alongside the Camago-3 and Bagong Pag-asa wells.

Prime Energy is part of the Malampaya Consortium that operates the gas field together with its partners UC38 LLC, PNOC Exploration Corp., and Prime Oil and Gas Inc.

China Bank Capital Managing Director Juan Paolo Collet said the natural gas discovery is huge for the country in terms having enough energy supply in the next few years as there is a chance that there could be more natural gas in the other sites.

“This is a significant discovery that will contribute to national energy security. The additional supply should help make local gas-fired power plants more cost-efficient and competitive, which in turn could translate to cheaper and more reliable electricity for households and businesses. It’s also important to note that this is just one among a number of exploratory wells in the Malampaya area, so there is a chance of discovering more supply,” Collet said.

“Moreover, the latest discovery may encourage investor interest in other potential areas of natural gas deposits in the Philippines. There are major domestic banks who are ready to support the sector,” he added.

'Coal phaseout’

Meanwhile, a church leader has called for a “decisive coal phaseout,” saying the country should invest instead in renewable sources of energy that “serves communities.” Bishop Gerardo Alminaza, president of Caritas Philippines, cited in a pastoral letter on Jan. 18 the experiences of seaweed farmers on Semirara Island — home to the country’s largest open-pit coal mine — where crops allegedly damaged by coal dust and wastewater have wiped out their primary source of income.

“After decades of extraction and billions in profit, many families remain poor, exposed to risk, and uncertain about tomorrow,” Alminaza said.

He said the farmers’ cases were not isolated but part of a broader pattern in which pollution and restricted access to coastal areas forced families into poverty or displacement.

He challenged those who argue that coal is essential to national development and energy security, noting that the Philippines remains heavily dependent on imported coal while electricity prices stay high and vulnerable to global market volatility.

“Coal’s defenders speak of necessity; people live with the consequences. Coal is repeatedly justified as essential to national development and energy security. Energy security that depends on imported coal is neither secure nor just,” he said.

“The Church cannot bless an economy that survives by wounding the poor and exhausting creation. The time to end coal in the Philippines is now. To delay is to choose harm. To act is to choose life,” Alminaza said.