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Seized illicit trade hits PHP13.5 billion since January; illegal tobacco accounts for PHP5.6 billion

The Bureau of Customs (BOC) has seized a total of PHP13.5 billion worth of smuggled and prohibited goods nationwide since January this year, including...

Proposed defense manufacturing project eligible for Green Lane permiting process

The proposed assembly and manufacturing of defense and ammunition project by Stone of Hope Defense (SOHD), in partnership with U.S.-based Battle Arms Development Inc....

DOTr tapping ADB, WB, Korean Eximbank for planned maritime industry parks

The Department of Transportation (DOTr) is tapping Korean Eximbank, Japan Infustrial Cooperation Agency, multilateral development banks such as Asian Development Bank, World Bank, among...

PH and Russia mark 50 years of ties, Marcos and Putin meet on energy and food security

President Ferdinand R. Marcos Jr. met with Russian President Vladimir Putin in Kazan on the sidelines of the ASEAN-Russia Commemorative Summit, marking a historic...

Poland’s JPP Marine eyes major shipbuilding expansion in PH 

JPP Marine, one of Poland’s leading shipbuilding companies, is exploring various locations in the Philippines for what could be its largest overseas expansion to...

GenSan port resumes partial operation – PPA

The Philippine Ports Authority (PPA) today announced the resumption of partial operations at the Port of General Santos following the completion of initial structural...

PH economy positioned for stronger, more inclusive growth amid global headwinds

The Philippines is in a significantly stronger economic position than in previous decades, bolstered by sound macroeconomic fundamentals, resilient domestic demand, and a thriving...

PEZA, MCIAA to develop 30-hectare Aerotropolis Park in Mactan

The Philippine Economic Zone Authority (PEZA) and the Mactan-Cebu International Airport Authority (MCIAA) are collaborating to develop a 30-hectare aerotropolis park near Mactan-Cebu International...

PH proposes to global maritime authorities dev’t of mobile app for seafarers

The Philippines has proposed the development of a dedicated mobile application that would give seafarers direct access to emergency assistance, real-time security alerts, and...

FAST Logistics forecasts sustained double-digit growth this year

Despite ongoing global economic challenges, FAST Logistics is forecasting sustained double-digit revenue growth this year and expects to end the year with a healthy...

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