Philippines

World's largest solar-battery facility begins operations

World's largest solar-battery facility begins operations

MTerra Solar declared 600MWac commercial operations in the Philippines on 26 August.
1 day ago

Philippine insurance penetration rises to 1.96% in Q2 2026

Combined collections reached $4.6b in the second quarter.

Digitalisation, urbanisation to drive Philippine retail to $113.31b

Digital payments are preferred by 70% of Filipino consumers

Twin disasters expose Philippine insurance gap

Only 10 of 51 nonlife insurers belong to the disaster risk pool.

Philippine factory growth quickens in July despite supply strains

New orders hit their fastest pace since February as inventories fell.

Philippine bank lending slows to 9.8% in June

Overall expansion was tempered by the construction and education sectors.

Philippines pays more for power than most Southeast Asian peers

Imported fuel and grid costs continue to drive electricity bills higher.

Philippine pre-need income plunges 88% in Q1 2026

The industry still sold 244,233 plans in the first quarter of 2026.

Philippine life insurers lift premiums 15% as density hits record

Per capita insurance spending reached $70.15 in 2025 from $62.30 a year earlier.

Philippine telcos turn to fintech as core growth stalls

Digital finance is now doing the heavy lifting as mobile and broadband flatten. 

Agency warns 7.8 quake to shake Philippine insurers in late 2026

The agency said losses may pass through local firms and global reinsurers.

Lanson Place sees repeat stays as blended travel lifts Manila demand

Bookings span leisure, MICE, and international segments.

PH fixed communication revenue to hit $4.3b by 2030

GlobalData said growth will be driven mainly by the fixed broadband segment.

Philippines mobile market to top $5b by 2030 on 5G, data surge

Network transitions reshape subscriber mix as operators expand coverage across regions.

Philippine insurance seen growing 9.6% vs 8.3% GDP growth

The projection exceeds the expected pace of worldwide industry expansion.

Philippine insurers face underwriting swings from weather

Susan Tan said volatile conditions are pressuring non life carriers.

Philippines overtakes Pakistan as China’s No. 2 solar export market

China exported over 3,000 MWs of solar panel in March and April alone.