BSP supports industry development by enabling financial system

BUILDING MINDANAO’S FUTURE. Bangko Sentral ng Pilipinas Deputy Governor Zeno Ronald R. Abenoja (center) joins a panel discussion on the macroeconomic trends and outlook for future industries in Mindanao during the Philippine Economic Briefing on Aug. 24, 2026. Also shown are, from left, host and anchor Cathy Yang, Department of Economy, Planning and Development Undersecretary Rosemarie G. Edillon, Department of Budget and Management Secretary Kim Robert C. de Leon and Department of Finance Assistant Secretary Neil Adrian S. Cabiles.
BUILDING MINDANAO’S FUTURE. Bangko Sentral ng Pilipinas Deputy Governor Zeno Ronald R. Abenoja (center) joins a panel discussion on the macroeconomic trends and outlook for future industries in Mindanao during the Philippine Economic Briefing on Aug. 24, 2026. Also shown are, from left, host and anchor Cathy Yang, Department of Economy, Planning and Development Undersecretary Rosemarie G. Edillon, Department of Budget and Management Secretary Kim Robert C. de Leon and Department of Finance Assistant Secretary Neil Adrian S. Cabiles. BSP
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THE Bangko Sentral ng Pilipinas (BSP) backed the government’s push to develop new industries, saying a stable economy and sound financial system can help create the conditions needed for growth.

“Future industries do not happen by chance. They are made today upon the right foundations of macroeconomic stability, a sound financial system, technological innovation, and strong public-private partnerships,” BSP Deputy Governor Zeno Ronald R. Abenoja said in his welcome remarks at the Philippine Economic Briefing (PEB) in Davao City on Aug. 24, 2026.

Under the theme “Make Future Industries Happen,” the PEB brought together key stakeholders to discuss the economic outlook and opportunities to attract investment and develop emerging industries in Mindanao.

Abenoja highlighted opportunities in Davao and Mindanao, particularly in agribusiness, manufacturing, logistics, digital services, renewable energy, and other emerging sectors.

He said confidence that inflation will return to target, banks’ capacity to lend, and faster, more secure digital payments could help drive investment, innovation, and job creation.

The forum featured two panel discussions on Mindanao’s economic outlook and the macroeconomic conditions needed to support future industries. It also explored how national investment priorities under the 2026 Strategic Investment Priority Plan (SIPP) can translate into regional opportunities.

The event complemented the Department of Trade and Industry-Board of Investments’ (DTI-BOI) regional rollout of the SIPP and the Department of Budget and Management’s (DBM) civil society consultations on macroeconomic assumptions and the fiscal program.

The BSP’s Investor Relations Group (IRG) organizes PEBs in partnership with the Department of Finance (DOF), DTI-BOI, and DBM. The IRG, DOF, and DTI also hold PEBs in major cities abroad. PR

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