Philippines Hosts US Defense Company Production
Atlas Motion Systems, a California-founded defense company, is preparing to ramp up its production in the Philippines—where it holds its first and only production and assembly line. From 10,000 motors made per month, it aims to increase capabilities to manufacture 40,000 motors monthly by the end of the year. Production in the Philippines The reason […]
PH Remittances Hit Seven-Month High
Philippine remittances have hit a seven-month high to 3.2 billion US Dollars in July 2026, up 1.9 percent from the previous period covered, according to Bangko Sentral ng Pilipinas. Over the seven-month period, remittances have totaled over 20 billion US Dollars—increasing the projections by 2.7 percent to reach 36.6 billion US Dollars. Resilience of Remittances […]