PHL tourism ambitions to hinge on infra quality, safety
THE PHILIPPINES needs to improve its infrastructure and ensure the safety of its visitors to solidify its spot as a promising tourism destination, the...
BPOs worried US tariffs may sideswipe service industries
THE information technology and business process management (IT-BPM) industry said US tariffs may end up having an indirect impact on services, citing the growth...
AMRO says impact of tariffs on ASEAN+3 markets has been mild
FINANCIAL MARKETS in the ASEAN+3 economies posted mild reactions to the US tariffs announced in early April, ASEAN+3 Macroeconomic Research Office (AMRO) said.
The subsequent...
NFA rice stocks equivalent to 9 days’ consumption
THE National Food Authority (NFA) said it built up reserves equivalent to nine days’ consumption — 7.17 million 50-kilogram bags of milled rice, the...
Luggage maker considering manufacturing in PHL
LUGGAGE maker PLG Prime Global Co., a US-Taiwan company, is considering setting up a manufacturing facility in the Philippines, the Philippine Economic Zone Authority...
Hog farms invited to join direct-sourcing scheme
THE Department of Agriculture (DA) said on Tuesday that it will invite more hog farms to participate in a direct-sourcing scheme piloted by Food...
Balisacan batting for more 2026 funding for DEPDev beyond initial offers from legislators
NATIONAL ECONOMIC and Development Authority (NEDA) Secretary Arsenio M. Balisacan will seek more funding for the socioeconomic planning body for 2026 after it is...
FAO designates 100 sites in PHL to receive climate-change projects
THE United Nations Food and Agriculture Organization (FAO) nominated 100 sites in the Philippines on Tuesday to receive climate-change mitigation projects.
Beneficiaries of the Adapting...
Building permit approvals fall 2.5% in February
APPROVED building permits declined 2.5% in February, a turnaround from the 4.8% growth posted a year earlier, the Philippine Statistics Authority (PSA) said in...
Tariff pause seen as window to attract relocating manufacturers
THE PHILIPPINES should take advantage of the 90-day pause before the higher US tariffs set in to attract manufacturers relocating from heavily tariffed China,...
PHL debt-to-GDP ratio seen at 60.2% — AMRO
THE Philippine debt-to-gross domestic product (GDP) ratio will likely settle at 60.2% this year, ASEAN+3 Macroeconomic Research Office (AMRO) said on Monday.
In its...
Thai coconut processor to invest over P1 billion in Misamis Oriental
PHILCO FOOD Processing, Inc., a unit of Thai World Group of Companies, is building an over P1-billion coconut processing facility in Misamis Oriental, according...
