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ICTSI net income up 23% to USD1.05 B in 2025, cargo volume rises 11%

Manila-headquartered global port operator International Container Terminal Services Inc. (ICTSI) reported that net income attributable to equity holders of the parent was higher by...

PH notifies WTO of its safeguard investigation on imported rice

The Philippines notified the WTO's Committee on Safeguards that it had initiated a preliminary safeguard investigation on imports of certain types of rice from...

PH manufacturers urge continued operation of Gokongwei’s petrochemical plant in Batangas

Domestic manufacturers are urging the continued operation of the Gokongwei-owned JG Summit Olefins Corporation (JGSOC), as its USD 2 billion petrochemical complex in Batangas...

Pres. Marcos Jr. calls for unified Asian response to energy crisis at AZEC Summit

President Ferdinand R. Marcos Jr. issued a high-level call for regional solidarity during the Asian Zero Emission Community (AZEC) Plus online summit, urging Asian...

Exporters reduce production, workdays as buyers postpone orders 

Exporters are reducing production and workdays as orders start to decelerate and buyers are asking for postponement of shipments, even as they fear that...

Pres. Marcos Jr. extends 2025 income tax filing deadline to May 15

President Ferdinand R. Marcos Jr. has announced a 30-day extension for the filing of 2025 Annual Income Tax Returns (ITR), moving the deadline from...

PH posts 92% utilization rate in UK’s DCTS; enhanced rules to further boost trade

Philippine exports to the United Kingdom (UK) are expected to further flourish following enhancements to the Developing Countries Trading Scheme (DCTS), particularly the easing...

VinFast sees BEV market leadership this year, targets over 100% growth

VinFast, a Southeast Asian pride as a homegrown electric vehicle manufacturer from the fast-rising economy of Vietnam, forecasts that pure electric vehicles—also known as...

LTFRB opens online platform for service contracting program application

The Land Transportation Franchising and Regulatory Board (LTFRB), under the guidance of DOTr Secretary Giovanni “Banoy” Z. Lopez, will be using an online platform...

Marcos administration accelerates renewable energy shift amid global supply volatility

Reaffirming the nation’s commitment to energy security and sustainability, the administration of President Ferdinand R. Marcos Jr. is intensifying the expansion of renewable energy...

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