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DTI: No price increase for basic necessities and prime commodities until May 10

Following the directive of President Ferdinand R. Marcos Jr. to maintain price stability and protect Filipino consumers amidst the ongoing Middle East crisis, the Department of...

Global container rates retreat as geopolitical rally cools, stability expected ahead of May surcharges

The Drewry World Container Index (WCI) has concluded a six-week rally, signaling a shift in the maritime landscape as the initial shock of Middle...

SSS boosts financial support with PHP60-B relief package amid economic challenges

Following the directive of President Ferdinand R. Marcos Jr. and the guidance of Social Security Commission (SSC) Chair Secretary Frederick D. Go, the Social...

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...

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