The Philippines could gain access to more affordable farm inputs by eliminating tariffs on imports from Canada as part of its negotiations for a free trade agreement (FTA), according to agriculture industry groups. During a public consultation by the Tariff Commission (TC) on Tuesday, July 14,...
The Tarlac City government has intensified its campaign against counterfeit and illicit products with the creation of the Tarlac City Anti-Contraband Task Force, a multi-agency body tasked with strengthening enforcement against illicit tobacco cigarettes and other contraband goods while protecting...
The government is planning to simultaneously implement its two flagship incentive programs aimed at encouraging the local production of electric vehicles (EVs) and gas-powered cars, potentially within the year. Finance Secretary Frederick Go told reporters last week that the government intends to...
Local stocks snapped a six-day winning streak, retreating as a flare-up in geopolitical tensions between the United States (US) and Iran prompted investors to lock in profits following the weeklong rally. The Philippine Stock Exchange index (PSEi) fell 51.9 points, or 0.83 percent, to close at...
Local equities rose for a sixth consecutive day as heavy buying in port operator International Container Terminal Services Inc. (ICTSI) countered afternoon profit-taking triggered by escalating tensions in the Middle East. The Philippine Stock Exchange index (PSEi) advanced 28.66 points, or 0.46...
Business names registered with the Department of Trade and Industry (DTI) expanded by nearly five percent in the first half of 2026, even as the impact of elevated inflation is already being felt in the pace of filings. The latest DTI data showed that business name registrations from January to...
The Philippines is pushing for an exemption from the proposed 12.5-percent tariff on its imports into the United States (US), arguing that existing trade policies have not been proven to facilitate the importation of goods produced with forced labor. In a July 6 submission to the Office of the US...
Canadian communications technology firm TELUS Corp. plans to increase its investments in the Philippines in the coming years to support the growth of its artificial intelligence (AI)-related services, according to the Department of Trade and Industry (DTI). In a statement, the DTI said the company...
A stronger nation begins with empowered communities—and empowered communities begin with opportunities. Recognizing that meaningful employment and entrepreneurship are equally important drivers of economic growth, SM Supermalls and Go Negosyo continue to strengthen their partnership through...
Canada has formally joined the Luzon Economic Corridor (LEC) with an initial investment pledge of CA$2 million, as President Marcos on Sunday, July 5 (Manila time), declared his official visit a success that opened a "new chapter" in Philippines-Canada relations. Speaking before the Philippine...
The Philippines and Canada formally elevated their bilateral relations to a strategic partnership on Friday, July 3 (Manila time), with the two countries signing a series of agreements covering energy, labor, tourism, and cultural cooperation. The announcement came after President Marcos and...
More than 25 American business executives and investors will visit the country next week for a business mission as the United States (US) seeks to deepen its economic ties with the Philippines, which recently secured upper-middle-income status. In a statement, the Department of Trade and Industry...
