Philippine goods exports climbed 13.2 percent year-on-year to a record $41.24 billion in the first six months of 2025 as exporters front-loaded shipments ahead of the 19-percent tariff to be imposed by the United States (US), the country’s top export market. National Statistician Claire Dennis S....
The Philippine Air Force (PAF) and United States Marine Corps (USMC) transported relief assistance to the island of Batanes on Tuesday, July 29, in the aftermath of the successive storms and enhanced southwest monsoon (habagat) that affected the country. Department of National Defense (DND)...
Even with the weaker-than-expected gross domestic product (GDP) growth figures last year and in recent quarters, the Department of Finance (DOF) argued that the Philippine economy grew at an average rate of 5.9 percent—among the fastest-growing Asian economies—since President Ferdinand Marcos...
DAVAO CITY – Acting Davao City Mayor Sebastian Duterte downplayed the one percent reduction of the 20 percent tariff imposed on Philippine goods to 19 percent as an empty gesture, calling it “consuelo de bobo” or a false consolation. Duterte questioned the importance of the announcement and...
WASHINGTON (AP) — Emma Raducanu reached the semifinals at the D.C. Open — the biggest tournament where she 's made it that far since her surprising 2021 U.S. Open title — by eliminating Maria Sakkari, 6-4, 7-5, on Friday, July 25. On a muggy day with the temperature topping 90 degrees...
The Philippine government remains optimistic about a potential reduction in the tariffs threatened by the United States (US) against the country’s imports, although it will no longer offer additional concessions, according to Department of Trade and Industry (DTI) Secretary Cristina Roque. Roque...
WASHINGTON (AP) — Daniil Medvedev figures this is his time to shine: He loves playing tennis on hard courts like those used at the D.C. Open. And he loves the U.S. Open, which is just a month away, in particular. Doesn 't matter what else he 's done this season or how things ended for...
After experiencing a three-day appreciation streak against the United States (US) dollar, the Philippine peso weakened again by shedding almost half-a-peso on Friday, July 25, despite the fresh market optimism over the latest trade deal with the US. According to the Bankers Association of the...
The Federation of Free Farmers (FFF) has called on the government to fully disclose the details of its recent tariff negotiations with the United States (US) due to conflicting statements and widespread speculation. In a statement on Friday, July 25, Raul Montemayor, FFF national manager, said...
The United States will be providing about P13.8 million funding intended to help the Philippines in its response efforts amid the severe rains and flooding caused by consecutive storms and the enhanced southwest monsoon. The US Embassy in Manila announced on Friday, July 25, that the US government...
Senator Francis "Kiko" Pangilinan said the reported outcome of the Philippine-United States trade deal that would impose a zero tariff rate for US goods entering the Philippines will have a negative impact on the country’s agricultural production and the livelihoods of farmers and fisherfolk. ...
Malacañang has assured the public that the government did not offer Philippine agricultural products as concessions in the “still ongoing” negotiations with the United States to lower tariffs on local exports. Special Assistant to the President for Investment and Economic Affairs Secretary...
