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ARTA says PH on track to hit top 20% target of WB ranking by 2028; private sector doubtful

The Anti-Red Tape Authority (ARTA) is confident that the Philippines can achieve its target of placing within the top 20 percent of more than...

PH economy slows down in Q1

Battered by global oil shocks, the Philippine economy as measured by Gross Domestic Product (GDP) grew by 2.8 percent in the first quarter of...

Gov’t body eyed to address fragmented, inefficient logistics sector

The government is considering the creation of a body that will focus on addressing inefficiencies in the fragmented logistics sector, where policies, issues, and...

Incentive program for local manufacturing of ICE vehicles pushed

The domestic automotive manufacturing industry is appealing for a parallel incentives scheme to support traditional or internal combustion engine (ICE) vehicle production, particularly for...

PH auto industry unlikely to achieve 500,000-unit sales target for 2026

It is unlikely that the domestic motor vehicle industry will hit its 500,000-unit sales target this year, as the 8–10 percent decline recorded in...

LTO tops most-complained-of gov’t agency — ARTA

The Land Transportation Office (LTO) has emerged as the most complained-about government agency, replacing the Food and Drug Administration (FDA), which improved its standing...

PH inflation climbs to 7.2% in April on higher prices of food, transport

The Philippines’ headline or overall inflation climbed to 7.2 percent in April  this year from 4.1 percent only in March, making it the highest...

VinFast claims leadership in battery EVs in PH; new chief Franco vows to continue momentum started by Zara

Newly appointed VinFast Philippines President Rhomel Franco vowed to continue the growth momentum built by his predecessor, Antonio “Toti” Zara III, as the number...

BOC collects PHP325.8 B in Jan-April, highest in 10 years

The Bureau of Customs reported a PHP86.4 billion collection in April—its highest-ever April performance—bringing the agency’s total collections for the first four months of...

AC Logistics expanding NAIA facility, sees PH as global air cargo hub

AC Logistics, the logistics arm of the Ayala Corp. focusing on building a comprehensive, end-to-end logistics ecosystem in the Philippines, is expanding its warehouse...

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