Business loans grew 10.6 percent, supported by increased borrowing in real estate, utilities, trade, manufacturing, transportation, and financial services during August.
More employment opportunities are being targeted through enhancements to a vocational training project supported by the ICC-CC for Filipino trainees and graduates.
Bicol cacao could emerge as a premium regional product under a development push aimed at strengthening its market position and expanding opportunities for exports.
Structural reforms could help the Philippines contain inflation and strengthen economic growth while building on resilient exports and steady remittance inflows, AMRO said.
Retirement investment options are expanding under PERA as time deposits become eligible products for account holders seeking more ways to build savings.