Shang Properties, a leading name in luxury real estate development in the Philippines, received two prestigious five-star awards —the highest level of recognition—at the Asia Pacific Property Awards 2025, held at the Bangkok Marriott Marquis Hotel, Queen’s Park in Thailand on May 15–16. At...
The Philippines remains firm in promoting a rules-based multilateral trading system amid recent upheavals in global trade, such as the United States’ (US) new tariff policy, according to Department of Trade and Industry (DTI) Secretary Cristina Roque. Roque served as the country’s delegate at...
The Department of Trade and Industry (DTI) is looking to partner with American technology giant Google to pursue investments aimed at enhancing the country’s digital infrastructure and capabilities. Trade Secretary Cristina Roque met with top officials of Google last week on the sidelines of the...
Trade chiefs of the 21 member economies of the Asia-Pacific Economic Cooperation (APEC) issued a joint statement calling for strategic reforms in international trade as the region grapples with uncertainties driven by two of its members: China and the United States (US). In a statement issued after...
The Palawan Group of Companies (PGC) earned a momentous international distinction at the 2025 Asia-Pacific Stevie Awards, taking home seven major awards, including two coveted Gold Stevies for Excellence in Innovation and Brand Development. This global recognition highlights PGC’s mission to...
Economic growth across the Asia-Pacific Economic Cooperation (APEC) region is expected to decelerate sharply in 2025, falling to 2.6 percent from 3.6 percent last year. Intensifying trade tensions and growing policy uncertainty are eroding business confidence and stifling investment in the region,...
The member economies of the Asia-Pacific Economic Cooperation (APEC), including the Philippines, have expressed support for a global measure that provides benchmarks to boost the investment and business climate of its members. In a statement, APEC is calling for the integration of the investment...
The UK meat alternative business continues to erode the earnings of food and beverage giant Monde Nissin Corporation, although Quorn’s losses and the principal shareholders’ guarantee have further exacerbated the situation, rather than easing the burden. In a disclosure to the Philippine Stock...
With headline inflation falling to its lowest level in over five years, local and international financial institutions now expect the Bangko Sentral ng Pilipinas (BSP) to cut key interest rates by a total of 75 basis points (bps) by year-end, with the first reduction likely as early as the upcoming...
The uncertainties facing Asia and the Pacific are also an opportunity to build a more resilient and sustainable future, Asian Development Bank (ADB) President Masato Kanda said at the opening session of the multilateral lender’s 58th annual meeting of its board of governors in Milan, Italy....
The Manila-based multilateral lender Asian Development Bank (ADB) on Sunday, May 4, announced plans to expand its support for long-term food and nutrition security in Asia and the Pacific by $26 billion, raising its total commitment for food security initiatives to $40 billion for the period 2022...
Senior business leaders from across the 21-member Asia-Pacific Economic Cooperation (APEC) bloc voiced growing concern over recent, rapid changes in the global trade and financial landscape during the second APEC Business Advisory Council (ABAC) meeting of the year, held in Toronto, Canada. In a...
