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Japan’s R&I affirms A- credit rating for PH, cites improving fiscal position

Japan-based Rating and Investment Information, Inc. (R&I) has affirmed the Philippines’ A- investment-grade credit rating and kept its outlook at “stable,” citing resilient economic...

Sugar imports are a market tool, not policy — DA chief

Agriculture Secretary Francisco P. Tiu Laurel Jr. assured the sugar industry that sugar importation is not an administration policy but a tool to stabilize...

Businessmen give up on Q4 2026, pin hopes on 2027

Still more than four months away from the end of 2026, Filipino businessmen appear to have already resigned themselves to a lackluster full-year performance...

Gatchalian sees passage of bills abolishing travel tax, raising tax rate on vape products

Senate President Sherwin Gatchalian said two tax measures—the abolition of the travel tax and an increase in the tax on e-cigarettes or vapes—are expected...

PH and Iceland sign air services agreement, mount 7 flights a week tourism

Passenger and cargo travel between the Philippines and Iceland is set to become significantly smoother following the signing of an Initial Air Services Agreement...

SM Warehouses expands E-commerce logistics footprint to over 126,000 sqm

SM Warehouses, a unit of SM Prime Holdings, Inc. (SM Prime), has expanded its logistics space for Shopee partners SPX Express (SPX) and Scommerce...

Manning agencies strive to comply with new seafarer employment rules; aims to sustain industry growth

The Association of Licensed Manning Agencies (ALMA), which represents more than 60 maritime agencies deploying approximately 170,000 Filipino seafarers, said its members are complying...

2GO welcomes the MV 2GO Masagana to its fleet, redefining travel from Manila to Cebu and Cagayan de Oro

Travel enthusiasts and homeward-bound passengers have a brand-new way to experience the Philippine seas. 2GO, the country’s premier sea travel provider, proudly announces the...

Maersk says port capacity challenges inland logistics operations in Philippines, Indonesia

Ongoing port and depot congestion in Indonesia and the Philippines continues to create challenges for inland operations, affecting equipment availability, truck turnaround times, and...

Chelsea Logistics delivers 12% revenue growth to PHP5.22 B  in H1 2026 amid fuel cost, forex headwinds

Chelsea Logistics and Infrastructure Holdings Corp., which is controlled by Davao-based businessman Dennis Uy through his parent holding firm -Udenna Corp., demonstrated strong core...

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