💼 Business 16h ago · Sam Beltran

2026 was meant to be the Philippines’ year—yet the country remains stuck in an ‘recurring cycle of underachievement’

Fortune Magazine
Fortune 500 news and global business leadership
View Channel →
2026 was meant to be the Philippines’ year—yet the country remains stuck in an ‘recurring cycle of underachievement’
Source ↗ 👁 0 💬 0
When the Philippines took over from Malaysia as chair of the Association of Southeast Asian Nations (ASEAN), expectations ran high that the country could use its one-year term to attract investment and catch up with the more successful neighbors driving the region’s growth story. 



With two months left in 2026, those hopes have been dashed. The country has been Southeast Asia’s worst-hit by high energy prices since the U.S.-Iran war began in February. 



“For decades, the Phil

Comments (0)

Sign in to join the discussion

More Like This

Why is Hanwha Ocean stock surging today?
All News · 8h ago
HSBC downgrades Beiersdorf stock rating to hold on Nivea weakness
All News · 8h ago
Mizuho initiates Janus Living stock coverage with outperform rating
All News · 8h ago
MediaTek shares rise as CEO flags strong AI-fueled chip demand
All News · 8h ago
Aurionpro Q2 FY27 slides: revenue rises 16% as margins compress
All News · 8h ago
Morning Bid: Markets hope for relief in Apple margins
All News · 8h ago