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...
Renewed tensions in the Middle East and escalating shipping disruptions, which trigger severe oil price shocks, are straining consumers and global economic growth alike. Since we import the vast majority of our energy requirements, these tensions have unmasked the fragility of the country’s power...
The influential Management Association of the Philippines (MAP) is urging senators to come together to resolve the leadership crisis in the Senate, emphasizing that the continued uncertainty in government is becoming a hindrance to investments. MAP President Donald Lim told reporters that the...
It 's a grand slam year for Philippine baseball. While pushing for a stronger grassroots development program, the Philippine Amateur Baseball Association is gearing up for a series of international competitions, exposures and hosting for members of the national team. “It’s a very busy...
The local contact center and business process management (CC-BPM) sector is aggressively integrating artificial intelligence (AI) to shield margins and accelerate revenue growth, betting that automation will counteract escalating geopolitical and macroeconomic headwinds. According to data released...
The country’s largest business group and investment promotion agencies (IPAs) expect the government’s new investment promotion framework to encourage the entry of capital aligned with global growth trends, such as artificial intelligence (AI). Management Association of the Philippines (MAP)...
Reforms in public procurement, infrastructure oversight, and accountability must be fully carried out to ensure that the billion-peso flood-control corruption scandal does not happen again and those responsible are made to answer, according to four governance and business groups. In a joint...
