Asian exports, including those from the Philippines, are seen remaining resilient in the second half of the year, contrary to earlier expectations that regional shipments would slump once front-loading ahead of United States (US) tariffs wane, according to the think tank Capital Economics....
The Philippines is banking on new trade agreements to boost market access and reverse the decline in exports and foreign investments due to uncertainties driven by the tariff policy of the United States (US), according to Trade Secretary Cristina Roque. Based on data from the Philippine Statistics...
Prized cue artists Carlo Biado and Johann Chua lead the Filipino crew as they aim to bring the Philippines back on top when the 2025 US Open Pool 9-Ball Championship unfurls at Harrah’s Resort in Atlantic City starting Tuesday, Aug. 19 (Philippine time). A total of 15 Filipinos are competing in...
United States Senator Rick Scott visited the Philippines anew this week to boost the relations of the two countries, US Ambassador to Manila MaryKay Carlson said. In a post on X (formerly Twitter) on Sunday, Aug. 17, the envoy shared about his meeting with the visiting senator. “Welcome back to...
The Philippine Army (PA) on Monday, Aug. 18, expressed optimism for deeper cooperation with the United States Army, particularly in training, exercises, and capability development, as Manila continues to bolster its defense posture. Forging closer cooperation between the two armies was the focus...
To build its defense strategy and better equip its armed forces, the Philippines is currently in talks with the United States for the possible deployment of more US military assets and equipment, Philippine Ambassador to Washington Jose Manuel “Babe” Romualdez said. In a recent interview on...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. urged the support of the business community as he stressed the need to build a credible deterrence aimed at protecting both national sovereignty and economic progress in the face of China’s growing influence in the South China...
The American private sector is set to pour fresh investments into the Philippines, underscoring the country’s standing as a strategic partner in Southeast Asia, according to the US-ASEAN Business Council (USABC). In a statement, the USABC said that a delegation of 35 United States (US)-based...
“I was thrilled,” Bangko Sentral ng Pilipinas (BSP) Deputy Governor for regional operations and advocacy sector, Bernadette “Berna” Romulo-Puyat, unabashedly shared her feelings about her close encounter with US Federal Reserve (US Fed) Chairman Jerome Powell. DG Berna was among the...
Head of the Philippines’ largest bank believes the country’s economy will be shielded from the direct fallout of new United States (US) tariffs, but warned of a larger, global danger that could ripple back to the country through remittances. Speaking with Channel News Asia (CNA), BDO Unibank...
Senator Imee Marcos has sounded the alarm over the potential fallout of the United States’ move to impose 100% tariff on Philippine semiconductor exports, a sector valued at USD 4.5 billion to USD 6 billion in annual shipments to the US. “We cannot underestimate the devastating impact these...
The Marcos administration is pushing for the exemption of the Philippines from the planned imposition of a 100 percent tariff threatened by United States (US) President Donald Trump on foreign-made semiconductors, cushioning the industry from a potential slowdown in investments. Special Assistant...
