Local stocks snapped a six-day winning streak, retreating as a flare-up in geopolitical tensions between the United States (US) and Iran prompted investors to lock in profits following the weeklong rally. The Philippine Stock Exchange index (PSEi) fell 51.9 points, or 0.83 percent, to close at...
Local equities rose for a sixth consecutive day as heavy buying in port operator International Container Terminal Services Inc. (ICTSI) countered afternoon profit-taking triggered by escalating tensions in the Middle East. The Philippine Stock Exchange index (PSEi) advanced 28.66 points, or 0.46...
Business names registered with the Department of Trade and Industry (DTI) expanded by nearly five percent in the first half of 2026, even as the impact of elevated inflation is already being felt in the pace of filings. The latest DTI data showed that business name registrations from January to...
The Philippines is pushing for an exemption from the proposed 12.5-percent tariff on its imports into the United States (US), arguing that existing trade policies have not been proven to facilitate the importation of goods produced with forced labor. In a July 6 submission to the Office of the US...
Canadian communications technology firm TELUS Corp. plans to increase its investments in the Philippines in the coming years to support the growth of its artificial intelligence (AI)-related services, according to the Department of Trade and Industry (DTI). In a statement, the DTI said the company...
A stronger nation begins with empowered communities—and empowered communities begin with opportunities. Recognizing that meaningful employment and entrepreneurship are equally important drivers of economic growth, SM Supermalls and Go Negosyo continue to strengthen their partnership through...
Canada has formally joined the Luzon Economic Corridor (LEC) with an initial investment pledge of CA$2 million, as President Marcos on Sunday, July 5 (Manila time), declared his official visit a success that opened a "new chapter" in Philippines-Canada relations. Speaking before the Philippine...
The Philippines and Canada formally elevated their bilateral relations to a strategic partnership on Friday, July 3 (Manila time), with the two countries signing a series of agreements covering energy, labor, tourism, and cultural cooperation. The announcement came after President Marcos and...
More than 25 American business executives and investors will visit the country next week for a business mission as the United States (US) seeks to deepen its economic ties with the Philippines, which recently secured upper-middle-income status. In a statement, the Department of Trade and Industry...
The Department of Trade and Industry (DTI) is planning to leverage the sustained demand for agricultural commodities to maintain the positive momentum of the country’s exports amid ongoing global uncertainties. Trade Secretary Cristina Roque said the country’s export performance in May reflects...
President Marcos departed for Canada on Wednesday evening, July 1, for an official visit aimed at strengthening economic and security ties between Manila and Ottawa amid growing cooperation between the two countries. Speaking before his departure, Marcos said the trip, which comes at the invitation...
Belgian Deputy Prime Minister and Minister of Foreign Affairs, European Affairs and Development Cooperation Maxime Prévot is visiting the Philippines to further strengthen the longstanding partnership between the two countries. In a statement issued on Tuesday, June 30, the Department of Foreign...
