The government has reached a fresh agreement with manufacturers and retailers to extend the nationwide price freeze on essential goods until May 10, providing a temporary shield for consumers against rising living costs. On Friday, April 17, Trade Secretary Cristina Aldeguer-Roque announced the...
The collapse of peace talks between the United States (US) and Iran over the weekend could hurt semiconductor manufacturers in Asia, including the Philippines, according to British banking giant Barclays. “A prolonged energy disruption could lead to a tail-risk scenario that hits semiconductor...
On the heels of a record-high performance in 2025, the country’s merchandise exports may post flat growth this year as the ongoing war in the Middle East drives up fuel costs and disrupts supply chains, according to the Department of Trade and Industry (DTI). “To be honest, it 's hard to...
The Philippines is projected to increase its consumption of wheat-based products in the current marketing year (MY) to nearly seven million metric tons (MT), although rising input costs may temper growth, according to the United States Department of Agriculture (USDA). In a report, the USDA...
Vietnamese electric vehicle (EV) ride-hailing firm Green and Smart Mobility (GSM), operating as Green GSM in the Philippines, is planning a major expansion in the country to take advantage of rising demand for transport services as fuel prices soar, the Department of Trade and Industry (DTI) said....
The Jollibee Group has formally opened in Danao City its largest commissary outside of Luzon, designed to expand its manufacturing and logistics footprint across the rapidly growing VisMin region and the wider Philippines. The state-of-the-art facility facility is the fourth—and...
DAVAO CITY – Davao City first district Rep. Paolo Duterte criticized the assertion that a Filipino family can prepare Noche Buena (Christmas Eve repast) with only P500, calling the idea detached from the realities faced by ordinary households. In a Facebook post on Monday, Dec. 1, Duterte slammed...
Department of Trade and Industry (DTI) Secretary Cristina Roque said the government expects massive dumping to happen soon due to the challenging trade environment caused by the United States’ (US) tariffs. “A lot of dumping is expected to happen, especially since the tariffs of the US are a...
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...
The Philippines has secured a total of ₱51 billion in investment pledges from Japanese companies following last week ’s visit of the administration’s economic team to Japan, the Department of Trade and Industry (DTI) said on Monday, Sept. 15. Trade Secretary Cristina Roque announced during...
Multinational biopharmaceutical giant AstraZeneca is poised to invest more than ₱7 billion over the next three years as part of its commitment to advance scientific innovation in the Philippines’ healthcare system, including the establishment of the country’s first health innovation hub....
The Marcos administration has secured a commitment from Indian infrastructure giant GMR Group to develop the Sangley Point International Airport (SPIA) in Cavite to help decongest the Ninoy Aquino International Airport (NAIA) and improve regional connectivity. According to a statement from the...
