Logistics company 2GO and the Electric Vehicle Association of the Philippines (EVAP) have forged a partnership to enhance the distribution of electric vehicles in the country by leveraging sea freight capabilities and integrating EV charging on its vessels. In a statement on Tuesday, June 3, 2GO...
The Bangko Sentral ng Pilipinas ' (BSP) First Philippine Polymer Banknote Series (FPPBS) has been recognized with the "Best New Banknote or Banknote Series" award for its security features, design, and incorporation of Philippine flora and fauna. According to the BSP, the FPPBS received the...
The Securities and Exchange Commission (SEC) is seeking to entice real estate companies with rental pool arrangements to tap the capital market for their growth and financing needs with the launched of streamlined rules for the registration their securities. Rental pool agreements refer to...
CEBU CITY – Four cardiologists from the Philippine Heart Association (PHA)-Cebu chapter bagged prestigious awards in the 55th PHA Convention and Scientific Meeting Convocation and Opening Ceremonies on Tuesday, May 27, at the EDSA Shangri-La Manila in Mandaluyong City. Dr. Alex Junia,...
The Philippines will be pushing for a stronger regional collaboration in food security and development of micro, small, and medium enterprises (MSMEs) when it assumes the chairmanship of the Association of Southeast Asian Nations (ASEAN) next year. ASEAN Business Advisory Council (BAC) Philippines...
The Philippines will receive a $400-million, or about ₱23.4-billion, loan from the Asian Development Bank (ADB) to restore marine ecosystems and strengthen its blue economy, as part of the lender’s $24-billion support package for Southeast Asia through 2028. ADB President Masato Kanda announced...
The country’s leading business executives are urging the government to allocate more funds for nutrition-sensitive programs in the country’s national budget, following the recent enactment of a law improving the quality of early childhood education and care in the country. The Management...
The Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA) has expressed its support for the proposal to eliminate the multiple value-added tax (VAT) on electricity, which is expected to result in lower power rates for consumers. In a statement on Thursday, May 22, PHILRECA said the...
President Marcos ' directive for Cabinet resignations has sparked a mix of hope and apprehension in the local financial market, as some view it as a necessary step toward improved governance and economic performance, while others are concerned about potential market volatility during the...
The Philippines remains firm in promoting a rules-based multilateral trading system amid recent upheavals in global trade, such as the United States’ (US) new tariff policy, according to Department of Trade and Industry (DTI) Secretary Cristina Roque. Roque served as the country’s delegate at...
Vehicle sales in the Philippines grew by 2.5 percent in April, which marked the slowest growth in seven months, amid a sharp decline in passenger car sales. A joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed...
The Department of Trade and Industry (DTI) is looking to partner with American technology giant Google to pursue investments aimed at enhancing the country’s digital infrastructure and capabilities. Trade Secretary Cristina Roque met with top officials of Google last week on the sidelines of the...
