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Toyota PH net income falls 16% in Q1 on slower vehicle sales

Toyota Motor Philippines Corporation (TMP), the country’s leading car company, reported a net income of PHP5.3 billion in the first quarter of 2026, down...

Food group says PH’s nutrient profile model could disrupt supply chains, cites economic implications and poor timing

Food Industry Asia (FIA), a non-profit association representing major food and beverage manufacturers and ingredient suppliers in the region, has urged the government to...

Global shipping rates surge 12% as geopolitical tensions and surcharges tighten container capacity

The Drewry World Container Index (WCI) surged 12% this week to $2,553 per 40ft container, driven by sharp freight rate increases across major Transpacific...

Congress urged to act on pending bills seeking to develop defense manufacturing industries, MROs, logistics

Congress is being urged to get its act together on pending measures seeking the creation of defense economic zones, which are seen as key...

DA ready to enforce President Marcos’ price cap on imported rice

The Department of Agriculture (DA) said it is prepared to immediately enforce President Ferdinand Marcos Jr.’s executive order imposing a price ceiling on imported...

BOC establishes Top Importers Office to boost trade facilitation

Commissioner Ariel F. Nepomuceno has signed Customs Memorandum Order Number 06-2026, creating the Top Importers Office (TIO), advancing the Bureau of Customs’ (BOC) commitment...

Maritime sector vows zero tolerance for child sexual abuse 

Philippine ship manning agencies, together with the U.S. Embassy in Manila, cruise ship operators, and concerned government agencies, have vowed zero tolerance for online...

PH maritime industry rolls out campaign vs child sexual abuse amid deportation of several Filipino seafarers   

The Philippine maritime sector has started a joint campaign to fight child sexual abuse material (CSAM) online amid detention and deportation of several Filipino...

MacroAsia achieves record-breaking PHP2.63 billion revenue in Q1 2026 driven by core aviation and food businesses

MacroAsia Corporation, the country’s leading aviation support and services provider, today announced its unaudited financial results for the first quarter ended March 31, 2026. The...

US backs development of Sangley Point International Airport

The U.S. Trade and Development Agency (USTDA) announced the award of funding to Philippine project developer Cavitex Holdings Inc. (Cavitex) for the conduct of...

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