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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...

DA, DILG issue tax break rules for farm warehouses

The Department of Agriculture (DA) and the Department of the Interior and Local Government (DILG) have signed a Joint Memorandum Circular (JMC) establishing uniform...

DOE eyes formal invitation to Japan, Saudi Arabia to establish fuel storage facility in Bataan

The Department of Energy (DOE) expects to formally invite Japan and the Kingdom of Saudi Arabia within the year to invest in overseas fuel...

MOL, IBM Japan jointly develop AI platform to enhance decision-making in vessel operations

Mitsui O.S.K. Lines, Ltd. (MOL) and IBM Japan, Ltd. today announced the joint development of an AI-powered platform that integrates a wide range of...

Chelsea Logistics’ subsidiary Starlite Ferries acquires new RoRo vessel

Starlite Ferries Inc., a subsidiary of Chelsea Logistics and Infrastructure Holdings Corp.,  has acquired a brand new RoRo vessel “M/V STARLITE GRATITUDE” as part...

Bounty targets areas with ‘infrastructure to deliver’ fresh, marinated chicken as expansion sites

Bounty Fresh Group Holdings, Inc., the second-largest poultry integrator in the Philippines, said that aside from the economic output of a particular area, they...

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