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CATEGORY

Sustainability

President Marcos aims to broaden Philippines-Saudi Arabia relations

President Ferdinand R. Marcos Jr. has expressed his intention to expand the scope of cooperation between the Philippines and Saudi Arabia, building on their...

ADB, HSBC, Security Bank lend $115 M to Asialink  

The Asian Development Bank (ADB), HSBC and Security Bank Capital Investment Corporation lent early this month to Asialink Finance Corporation $115 million to fund...

Lion Air leads SEA despite reduced capacity; Air Asia, Cebu Pacific show significant growth

Despite a 6% reduction in capacity this month compared to December 2023, Lion Air remains Southeast Asia’s largest carrier, accounting for 7% of the...

November car sales disappoint

Despite unflattering sales performance in November, year-to-date motor vehicle sales in the Philippines managed an 8.8% increase reaching to 425,208 units sold compared to...

ADB and WTO launch database to boost transparency in critical minerals trade

The Asian Development Bank (ADB) and the WTO Secretariat have introduced a new database aimed at enhancing transparency in the trade of critical minerals,...

Customs revises rates for airport temporary warehouses

Stakeholders should prepare for increased charges as the Bureau of Customs (BOC) has issued revised rates for service, storage, and ancillary charges on goods...

PEZA sees slower 10% growth in 2025

The Philippine Economic Zone Authority (PEZA) forecasts a 10% growth in investment registration in 2025, significantly slower than the growth recorded in the past...

Philippine companies facing increased pressure on new EU ESG regulations

New EU environmental, social and governance (ESG) regulations that affect the whole value chain of companies are expected to put increase pressure on majority...

ICTSI secures 25-year extension to operate Mindanao Container Terminal

Mindanao International Container Terminal Services Inc. (MICTSI), a subsidiary of International Container Terminal Services Inc. (ICTSI), has secured a 25-year extension to operate and...

BOI approves P1.38 T worth of renewable energy projects in 2024

A total of P1.38 trillion in renewable energy projects were approved by the Philippines Board of Investments (BOI) in 2024, accounting for the bulk...

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