Philippine manufacturing growth slowed in March as input prices spiked amid rising energy costs tied to the war in the Middle East. In a report on Wednesday, April 1, S&P Global said the Philippines ’ purchasing managers’ index (PMI) eased to 51.3 last month from 54.6 in February, signaling a...
The Philippines has lagged behind its Association of Southeast Asian Nations (ASEAN) neighbors in attracting Chinese outbound direct investment (ODI), even as other emerging-market (EM) economies in the region continue to benefit from China’s overseas investment growth, according to think tank...
The Philippine Exporters Confederation Inc. (Philexport) has expressed strong support for proposed amendments to the Magna Carta for micro, small, and medium enterprises (MSMEs), while stressing that reforms must deliver concrete benefits such as improved access to financing and more favorable loan...
While other countries still hesitate when it comes to nuclear energy, the Philippines is one of the two countries in the ASEAN region that is a frontrunner in nuclear integration. In a recent report from Fitch Solutions’ unit, BMI, the Philippines and Vietnam are considered the only two nations...
Top-ranking agriculture officials of the Association of Southeast Asian Nations (ASEAN) have agreed to strengthen trade within the region, as most of the bloc’s members are still awaiting progress on their respective deals with the United States (US) concerning reciprocal tariffs. This agreement...
The agricultural ministers of the Association of Southeast Asian Nations (ASEAN) are looking to secure additional exemptions on certain agricultural products facing reciprocal tariffs from the United States (US), according to Agriculture Secretary Francisco Tiu Laurel. Tiu Laurel, appointed as...
Department of Trade and Industry (DTI) Secretary Cristina Roque has assumed the chairmanship of a ministerial body under the Association of Southeast Asian Nations (ASEAN) for next year, tasked with promoting economic integration within the 10-member bloc. Roque was officially handed the chairship...
Businesses and industry leaders should actively speak out against the increasing problem of illicit trade in the Philippines and throughout Southeast Asia, according to legal experts and participants at a recent forum. The forum on combating illicit trade, organized by the Financial Times in...
The local agriculture industry may soon see stronger trade ties with Canada, as its agriculture and agri-food minister expressed confidence in deepening the North American country ’s trade relationship with the Philippines. Despite tariff uncertainties in the United States (US), Heath...
State-run think tank Philippine Institute for Development Studies (PIDS) believes that skepticism surrounding the feasibility of the Association of Southeast Asian Nations (ASEAN) Power Grid is likely to diminish over time, citing investments that could help address this years-long concern. In an...
In the quest to materialize the great regional grid interlink across the Association of Southeast Asian Nations (ASEAN), the Manila-based Asian Development Bank (ADB) is projecting around $16 billion (approximately ₱890 billion) worth of investments to pursue the development of key...
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...
