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DA approves PHP2.06-B farm-to-market road projects to boost farm connectivity nationwide

The Department of Agriculture (DA) has cleared more than PHP2.06 billion worth of farm-to-market road and bridge projects for implementation, accelerating infrastructure investments aimed...

Drewry World Container Index surges 9% to USD4,530 as peak season demand, geopolitical risks drive freight rates higher

Global container freight rates have experienced another sharp increase, with the Drewry World Container Index (WCI) rising 9 percent this week to reach USD4,530...

BOC exceeds June collection target; Contributes PHP11.478 billion revenue surplus for the year

The Bureau of Customs (BOC), under the leadership of Commissioner Ariel F. Nepomuceno, sustained its strong revenue performance in June 2026, collecting ₱86.073 billion,...

BOC eyes PHP1-T milestone collection for 2026 after surpassing mid-year targets

The Bureau of Customs (BOC) is targeting a PHP1-trillion total collection milestone this year after surpassing revenue collection goals for both the month of...

BOC transfers importer accreditation process as part of continuing reforms 

The Bureau of Customs (BOC) has strengthened its importer accreditation process following the temporary transfer of the Accounts Management Office (AMO) to the Post...

BOC-Port of Manila issues notice to 1,216 consignees to claim shipments within 30 days

The Bureau of Customs-Port of Manila (POM) has issued a notice to 1,216 various consignees whose shipments have been discharged but corresponding goods declaration...

Nepomuceno declares all-out war against smugglers, enforces one-strike policy

Marking the start of his second year at the Bureau of Customs (BOC), Commissioner Ariel F. Nepomuceno has declared an all-out war against smugglers...

PH and Canada commit to concluding free trade agreement by end of 2026, deepening strategic partnership

In a major step forward for bilateral relations,  President Ferdinand R. Marcos Jr. and Canadian Prime Minister Mark Carney have reaffirmed their shared commitment...

U.S. business mission to explore investment opportunities within Luzon Economic Corridor 

  More than 25 top level executives from major American companies are targeting Manila, Clark, Subic, and Corregidor or the Luzon Economic Corridor during their...

PH’s upper-middle income status,  reflecting country’s economic resilience — DEPDev

The Philippines has officially entered the World Bank’s Upper-Middle Income Country (UMIC) category, marking a historic economic milestone driven by sustained growth, sound macroeconomic management, and long-term structural reforms, the Department of Economy, Planning, and Development (DEPDev) said.   The World Bank confirmed the upgrade in its...

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