The Philippine Chamber of Commerce and Industry (PCCI) expects local businesses to consider expanding their operations into Paraguay after it entered into a partnership with the South American country’s export and investment promotion agency. The PCCI signed a memorandum of understanding (MOU)...
The Philippines expanded its rice importation by 18 percent to 1.7 million metric tons (MT) during the first four months of 2026 as the government looks to bolster the supply of the commodity amid expectations of lower output in the coming months. The latest Bureau of Plant Industry (BPI) data...
The Philippine Nickel Industry Association (PNIA) expects the country to attract more investments into the mining sector following the Supreme Court’s (SC) decision dismissing a petition for a writ of kalikasan against an Eastern Samar province-based mining company. PNIA, whose member companies...
Senator Joseph Victor “JV” Ejercito has filed a bill seeking to strengthen the sugar industry and protect its farmers and workers from over-importation, weak program implementation and declining incomes. In filing Senate Bill No. 2114, Ejercito said it is imperative to improve the functions of...
The Department of Trade and Industry (DTI) has teamed up with the Creative Content Creators Association of the Philippines Inc. (SIKAP) to provide stronger support for local content creators, including the protection of their original works. In a statement, the DTI said it signed a memorandum of...
Business names registered with the Department of Trade and Industry (DTI) expanded by more than 10 percent in the first four months of the year to over 540,000, as business activity across the country remained strong despite rising costs. The latest DTI data showed that business name registrations...
The World Bank has approved an $18.85-million grant to strengthen the Philippines’ pandemic response, as the country is considered a global hotspot for emerging infectious and zoonotic diseases. The Washington-based multilateral lender’s board approved last April 29 the investment project...
The French Chamber of Commerce and Industry in the Philippines successfully hosted the inaugural “Build to Last: Infrastructure and Construction Conference” on April 16, 2026, at Ascott Bonifacio Global City, bringing together industry leaders, policymakers, developers, and engineers to address...
Despite escalating tensions in the Middle East, the Board of Investments (BOI) is pressing ahead with investor engagements in the region, as firms signal continued interest in Philippine projects and new opportunities emerge from the country’s inclusion in the United States (US)-led Pax Silica...
The Philippine Chamber of Commerce and Industry (PCCI) and Small Business Corp. (SB Corp.) established a ₱7-billion financing facility to support small businesses grappling with elevated fuel costs and inflationary pressures. The partnership, formalized through a memorandum of agreement,...
Groundbreaking for the planned United States (US) economic security zone in the Philippines could take place within the current Marcos Jr. administration, with the project expected to generate hundreds of thousands of jobs once fully developed, Philippine investment officials said. Officials from...
The Federation of Philippine Industries (FPI) is escalating its fight against substandard goods, petitioning the Supreme Court to strip lower courts of their power to freeze the enforcement of mandatory product standards. In a letter-petition addressed to the high tribunal, the country’s largest...