Foreign Affairs Secretary Ma. Theresa Lazaro encouraged fellow ministers to continue cooperating with each other, stressing that it is no longer just a choice, but a necessity. In her remarks at the opening ceremony of the 59th Association of Southeast Asian Nations (ASEAN) Foreign Ministers '...
Airlines in the Asia-Pacific region recorded a nearly 70 percent surge in net profits in 2025 amid sustained demand for air travel, providing carriers with financial cushion to manage rising operational expenses this year. In its latest report, the Association of Asia Pacific Airlines (AAPA) noted...
The proposed free trade agreement (FTA) between Manila and Ottawa could position the domestic nickel mining sector as a key alternative in the global critical minerals supply chain, according to the Philippine Nickel Industry Association (PNIA). PNIA President Dante Bravo noted that the...
The revenue of the country’s information technology and business process management (IT-BPM) sector is expected to reach $50.5 billion by 2028, down 14 percent from its original target amid stronger competition and the increased adoption of artificial intelligence (AI). Based on the revised...
Three of the country’s largest business groups have backed the expansion of benefits provided by state-run Philippine Health Insurance Corp. (PhilHealth), but stressed that timely and complete premium payments are crucial to sustain the national health insurer’s finances and further widen...
The Chinoy Actors of the Philippines (CAP) celebrated its 2nd Anniversary in partnership with the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII). The evening was hosted by CAP President Diane Pascual and Founder Derrick Yu. Among the distinguished guests were Abang...
The domestic cement industry is taking a major step toward reducing carbon emissions in one of the world’s most carbon-intensive sectors through a long-term strategy aimed at promoting more sustainable operations. In a statement on Tuesday, June 30, the Cement Manufacturers Association of the...
Airlines based in the Asia-Pacific region maintained positive momentum in passenger traffic during the first five months of 2026 despite reduced flight schedules beginning to take their toll, according to the Kuala Lumpur-based Association of Asia Pacific Airlines (AAPA). The latest preliminary...
The Philippines’ information technology and business process management (IT-BPM) sector has warned that American businesses could face higher operational costs if the United States (US) government pushes through with plans to discourage offshoring. Industry advocacy groups representing the IT-BPM...
The Association of Vehicle Importers and Distributors (AVID) convened industry leaders, policymakers, and key stakeholders at the AVID Summit 2026 to discuss the opportunities and challenges shaping the future of the automotive industry amid rapid technological advancement and accelerating...
Philippine bond yields posted one of the largest increases in emerging East Asia in recent months as the war in the Middle East fueled inflation, prompted tighter monetary policy, and heightened investor concerns over the country’s economic vulnerabilities, according to the Asian Development Bank...
Philippine equities and the local currency rallied sharply on Monday, June 15, as global markets reacted to the breakthrough diplomatic agreement between the United States (US) and Iran. The surprise interim deal, which includes plans to lift the blockade on the Strait of Hormuz and restore...
