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Philippines announces PHP60-B incentive package for EV investors

The Philippines today announced a PHP60-billion fiscal support package for four electric vehicle (EV) manufacturers that will invest a minimum of PHP5 billion and...

Flour importers eager to return to Türkiye once anti-dumping duty is lifted

Flour importers are looking forward to resuming imports from Türkiye once the second extension of the anti-dumping duty expires on January 14, 2027. Ernesto Chua,...

Port congestion, weak peso, fuel price volatility push up poultry, meat costs

Lingering congestion at the Port of Manila, coupled with the unstable foreign exchange rate and volatile fuel prices, is putting upward pressure on poultry...

2GO Express and M Lhuillier partner to expand nationwide shipping access

2GO, the Philippines’ leading shipping and logistics solutions provider, has officially partnered with M Lhuillier Financial Services, Inc., a leading non-bank financial institution, marking the...

President Marcos puts agriculture at heart of final reform push

Agriculture Secretary Francisco P. Tiu Laurel Jr. on Tuesday welcomed President Ferdinand Marcos Jr.’s latest State of the Nation Address (SONA), saying it reaffirmed...

Release of imports directly to PEZA ecozones eyed to ease NAIA air cargo congestion

Philippine government authorities are working on allowing imports of companies registered with the Philippine Economic Zone Authority (PEZA) to be released directly to their...

Philippines reopens Metro Manila to IT parks expansions

Malacañang has lifted the moratorium on the expansion of IT economic zones in Metro Manila, allowing more information technology-business process management (IT-BPM) firms to...

Philippine business groups satisfied with PBBM’s SONA, but find it wanting

Philippine business groups expressed satisfaction with President Marcos Jr.’s second-to-last State of the Nation Address (SONA), but said the President’s one-and-a-half-hour speech still fell...

PBBM vows duty over ties as Ombudsman prepares charges vs. former Speaker over flood control irregularities

Firmly asserting that public duty takes absolute precedence over personal relationships and political allegiances, President Ferdinand R. Marcos Jr. declared during his fifth State...

Philippines, Turkiye working on accreditation of 30 halal facilities

The Philippines and Türkiye are working on the accreditation of 30 halal facilities in the Philippines to boost trade in halal products between the...

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