The Philippine Independent Power Producers Association (PIPPA) reassured its commitment to collaborate with the energy sector to achieve the electrification and energy security goals mentioned by President Marcos in his fourth State of the Nation Address (SONA). In a statement, PIPPA expressed its...
With a soon-to-be-finalized trade deal that benefits the United States (US) more than the Philippines, the latter’s exports and foreign direct investments (FDIs) would take a hit and lose out to its Southeast Asian neighbors, according to the Economist Intelligence Unit (EIU). “The...
With President Ferdinand Marcos Jr. only managing to secure a one-percentage-point (ppt) reduction in tariffs on Philippine exports to the United States (US), the country is seen to lose its “minimal” competitive edge over its regional peers—an advantage it enjoyed due to a strong peso and...
United States (US) President Donald Trump’s move to reduce the threatened tariffs on Philippine exports by a mere one percentage point (ppt) still positions the country in a favorable light for foreign direct investments (FDIs), according to the Department of Trade and Industry (DTI). Trump said...
Central banks in Southeast Asia, where economies like the Philippines export a wide array of goods to the United States (US), are expected to cut interest rates some more as tariffs take effect next month, according to the think tank Capital Economics. In a July 23 report, Capital Economics senior...
Finance Secretary Ralph G. Recto said the Philippines could consider accommodating zero tariffs on certain American goods entering the local market as President Ferdinand Marcos Jr.’s economic managers prefer more free trade agreements (FTAs)—including with the United States (US) after the...
Public trust in the top four Philippine officials improved in June 2025, based on the latest results of a Stratbase-commissioned survey that was officially released by Social Weather Stations (SWS) on Tuesday, July 15. President Marcos’ net trust rating improved to +18, with 48 percent of...
The Department of Energy (DOE) announced that former DOE Undersecretary Sharon Garin has been officially inducted as the new Energy chief, following the oath-taking ceremony with President Ferdinand Marcos Jr. In a statement on Monday, July 14, Garin said that she would build on the work of former...
Ramon S. Ang-led San Miguel Corp. (SMC) is set to build a new passenger terminal at Godofredo P. Ramos Airport in Caticlan, the main gateway to Boracay Island, which is expected to increase the airport’s capacity to seven million passengers starting 2027. President Ferdinand “Bongbong” Marcos...
The country’s oldest business group is urging President Ferdinand Marcos Jr. to advance his administration’s entire agenda through a single bill, similar to the One Big Beautiful Bill recently signed into law by United States (US) President Donald Trump. The Chamber of Commerce of the...
Controlling inflation is the top issue Filipino adults want President Ferdinand Marcos Jr. to discuss in his 2025 State of the Nation Address (SONA), based on a nationwide Pulse Asia survey released on Friday, July 11. Nearly one-third of respondents (32.9 percent) identified inflation as the main...
Japanese financial giant MUFG Bank Ltd. sees a mild impact arising from the potentially higher United States (US) tariff set to be imposed on Philippine goods imported into America. “This announcement is to some extent a downside surprise for our FX [foreign exchange] and macro forecasts, given...
