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ADB lowers PH growth forecast to 5.6% this year

The Asian Development Bank (ADB) has revised down the growth forecast for the Philippines along with economies in developing Asia and the Pacific this...

Autoparts exports seen hitting USD1.2 B this year

The country's auto parts industry generated an estimated $1.21 billion (around P66.55 billion) export-revenue in 2024 and is projected to grow even further to...

SMC expands urban farming project to six sites, targets nationwide rollout

San Miguel Corporation (SMC), through its San Miguel Foundation (SMF), has expanded its community farming initiative Backyard Bukid to six sites nationwide, with plans to establish...

Prices of basic commodities remain stable in storm-hit areas – DTI

Amid the onslaught of tropical cyclones Crising, Dante, Emong, as well as the Southwest Monsoon, or Habagat, the Department of Trade and Industry (DTI)...

Exporters accept the outcome of U.S. reciprocal tariff negotiations 

Exporters belonging to the Philippine Exporters Confederation (PHILEXPORT), the country's largest exporters' organization, said they are relieved and appreciative that President Marcos took on...

PH implements zero tariffs on select US imports to lower prices of essential goods

The Philippine government announced Thursday its decision to implement zero tariffs on a select list of products imported from the United States, a move...

Crising, Habagat inflict PHP454 M in farm damage; rice farmers hardest hit

Agricultural losses from the combined effect of Tropical Cyclone Crising and the Southwest Monsoon (Habagat) have reached PHP454.1 million, with rice and high-value crops...

Global Infrastructure eyes 40% stake in Aboitiz InfraCapital for strategic JV infra project

Global Infrastructure Partners (GIP), a part of BlackRock and one of the world’s leading infrastructure investors, is looking at acquiring 40 percent stake of...

Honda offers 30% discount on car parts replacement

Honda Cars Philippines, Inc. (HCPI) is stepping up in providing support to its customers in Luzon and Visayas whose vehicles were affected by the...

PH manufacturers: Trade policies should be locally anchored

Philippine manufacturers expressed appreciation that Philippine trade officials adopted a strong and locally anchored position while negotiating for the U.S. reciprocal tariff, stating the...

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