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Mitsubishi Motors sees Philippines as its production hub for EV exports

Mitsubishi Motors Philippines Corp. (MMPC) is planning to make the Philippines a production hub for the export of its proposed locally manufactured hybrid electric...

SEIPI forecasts 10% export growth in 2026 amid strong AI demand

The Philippine electronics and semiconductor industry expects exports to grow by 10 percent this year, reaching between USD 53 billion and USD 54 billion....

DA suspends livestock imports from seven economies over FMD

The Department of Agriculture (DA) has imposed a temporary ban on the importation of live animals and selected animal products from seven economies in...

DTI showcases AI action agenda and new convergence hub at 2026 Future of Work Forum

The Department of Trade and Industry (DTI), through the Bureau of Competitiveness Development (BCD), reaffirmed its commitment to workforce innovation and digital transformation during...

DOTR secures Villar Group’s agreement to non-negotiable terms for LRT-1 Las Pinas station

The Department of Transportation (DOTr) announced it has secured the Villar Group of Companies' agreement to the former’s non-negotiable terms for the donation of...

Pax Silica seen reaching full buildout in 30 years, exports at USD200 B

The full buildout of the proposed AI-anchored Pax Silica initiative in New Clark City (NCC) is expected to be achieved within a 30-year period...

Philippine economy grows by 2.3% in Q2 of 2026

The Philippine Gross Domestic Product posted a year-on-year growth of 2.3 percent in the second quarter of 2026. The main contributors to the second quarter...

CEB widens net loss to PHP5.9 B in H1 on higher fuel, forex expenses

Gokongwei-owned Cebu Air, Inc. (operator of Cebu Pacific) reported a net loss of PHP5.49 billion in the second quarter this year, bringing its net...

DOTr announces PHP1.5 B in assistance for amortization of modern PUVs

The government will extend additional assistance to public utility vehicle (PUV) drivers and operators to help cushion the impact of the Middle East crisis...

Domestic retailers lament increasingly high logistics costs, cautiously optimistic for 2026

Domestic retailers are balancing speed and cost as they continue to navigate the country's rising logistics expenses, while remaining cautiously optimistic about closing the...

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