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UK hikes export fund for PH to £5 billion pounds

The British government has increased its export financing facility for the Philippines to £5 billion pounds and both countries are now finalizing an agreement...

CAAP implements staggered aviation fee hikes

The Civil Aviation Authority of the Philippines (CAAP)has issued Memorandum Circular No. 019-2025 prescribing the revised schedule of fees and charges, including adjustments to...

SMC, KORAIL sign agreement to move MRT-7 closer to full operations

SMC MRT-7 Corporation, a wholly owned subsidiary of San Miguel Corporation’s (SMC) infrastructure unit, has signed an Operations and Maintenance (O&M) Services Agreement with...

Philippine Aerospace Development Corp. is closing shop

State-owned Philippine Aerospace Development Corp. (PADC) is shutting down its operation by May this year due to the non-renewal of its congressional franchise. This...

Philippines eyes positive outcomes from US investment trip amid tariff concerns

Malacañang expressed optimism on Monday regarding the upcoming visit of Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go to...

PPA surpasses Holy Week 2025 passenger forecast, serves over 2M passengers

The Philippine Ports Authority (PPA) reported that its managed ports nationwide has served over 2,291,666 passengers this year, a 37.14 percent increase from the...

Philippines ranks 28th largest global exporter of digitally delivered services in 2024

The Philippines ranked 28th among leading exporters of digitally delivered services in 2024 with total exporters value of $22.954 billion, data from latest the...

Emirates SkyCargo and Teleport sign preferred partnership to  strengthen ASEAN trade flows to the world

Emirates SkyCargo, the cargo arm of the world’s largest international airline, has signed a Memorandum of Understanding (MoU) with Teleport, AirAsia’s exclusive cargo partner...

LBC posts steady revenues in 2024

LBC Express Holdings, Inc. (LBC), the Philippines’ leading logistics and money services provider, recorded ₱14.30 billion in service revenues in 2024, a slight decrease...

UNCTAD says reciprocal tariffs should exclude vulnerable developing countries

Vulnerable and small economies, whose activities have a negligible effect on trade deficits, should be exempt from new tariff hike by the Trump administration, ...

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