BEIJING, China — Beijing is leveraging its role as host of this year’s Asia-Pacific Economic Cooperation (APEC) forum to revive momentum for a massive regional free trade zone, seeking to counter a global tide of protectionism and fragmented commerce. In a discussion paper released Friday,...
High energy prices and persistent geopolitical instability are poised to deepen the Philippines’ external imbalances, heightening depreciation risks for an already fragile peso, according to analysts at Dutch financial giant ING ING wrote in its latest report, published last Friday night, that it...
Megaworld Lifestyle Malls secured 16 awards at the 13th Annual Asia-Pacific Stevie Awards, including five Gold, four Silver, and seven Bronze distinctions, reinforcing its leadership in innovation, storytelling, and experience-driven retail across its townships. The Asia Pacific Stevie Awards...
Monetary authorities in the Philippines and Vietnam are seen leading the hawkish camp in tightening policy as consumer prices in the Philippines risk absorbing sustained elevated costs arising from the Middle East conflict. “Should energy prices remain elevated, the Philippines and Vietnam are...
The Department of National Defense (DND) has thrown its support behind Australia’s new defense strategy, signaling deeper security ties as tensions persist across the Indo-Pacific region. In a statement on Thursday, April 16, DND Secretary Gilberto Teodoro Jr. welcomed the release of...
BEIJING, China — China is projected to surpass the United States (US) as the world’s largest economy as early as 2030, insulated from Middle East volatility and American protectionism by long-term strategic planning, according to a leading foreign policy expert. Qu Bo, dean of the School of...
Despite a volatile global and macroeconomic landscape, Po-led Century Pacific Food Inc. (CNPF) reported an 11-percent growth in net income to ₱7.1 billion last year as tighter spending offset gross margin compression. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, April 13, the...
The digital healthcare arm of Manuel V. Pangilinan-led Metro Pacific Investments Corp. (MPIC), mWell, has been generating interest among potential local and foreign investors both on its own and in tandem with Metro Pacific Health Corp. (MPH), the country’s largest private hospital group. “A...
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is pushing for the proposed Casiguran international seaport to be declared a national priority, as the investment promotion agency (IPA) ramps up efforts to secure investor backing for the big-ticket infrastructure project. APECO...
Passenger demand across the Asia-Pacific region remained robust through February, but the outlook for the coming months is clouded by uncertainty as rising fuel prices and airspace restrictions cast doubt on air travel. Data from the Association of Asia-Pacific Airlines (AAPA) showed that passenger...
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is advancing plans to develop a domestic airport at its site in Casiguran town in Aurora province, with bidding scheduled this year and commercial operations targeted by the second quarter of 2027. APECO is also pursuing a future...
Asia-Pacific economies, including the Philippines, are highly vulnerable to a protracted conflict in the Middle East, as sustained spikes in energy prices and broader disruptions threaten to slow growth and accelerate inflation, according to the Asian Development Bank (ADB). In a brief titled...
