At the Philippine Economic Briefing in Davao City, Central Bank of the Philippines Deputy Governor Zeno Ronald R. Abenoja outlined the conditions needed to develop new industries in Mindanao. He emphasized macroeconomic stability, a sound financial system, technological innovation and public-private partnerships as foundations for investment, innovation and job creation. Abenoja highlighted opportunities in agribusiness, manufacturing, logistics, digital services, renewable energy and other emerging sectors. He said confidence in inflation returning to target, banks’ capacity to support growth and faster, more secure digital payments would help enable investment. The forum also considered how national priorities under the 2026 Strategic Investment Priority Plan could translate into regional opportunities.
2026-08-24Central Bank of the Philippines
Central Bank of the Philippines highlights macrofinancial foundations for new industries in Mindanao
The Central Bank of the Philippines highlighted macroeconomic stability, financial soundness and technological innovation as foundations for developing new industries in Mindanao. It identified inflation returning to target, bank lending capacity and faster, more secure digital payments as factors that would support investment and job creation.