Intra-regional trade seen shielding PHL ports from worst of US tariffs
PHILIPPINE PORTS will not feel the worst of the US tariff disruptions because of healthy intra-regional trade, according to S&P Global Ratings.
“Most of the...
German medical tech firms see PHL as good fit for telehealth
THE PHILIPPINES is now on the radar of German medical technology companies as trade disruptions push them to develop untapped markets, the German Health...
Spot market price downtrend expected to continue in May
PRICES at the Wholesale Electricity Spot Market (WESM) are expected to continue falling in May due to the ample power supply, the Independent Electricity...
April rice stocks rise 45.3% month on month
THE national rice inventory rose 45.3% month on month to 2.34 million metric tons (MMT) as of April 1, the Philippine Statistics Authority (PSA)...
PHL wholesale price growth picks up
PRICE GROWTH in wholesale goods accelerated to a 15-month high in March, the Philippine Statistics Authority (PSA) said in a report.
Citing preliminary data, the...
Trump tariff impact on PHL seen mainly in weakening of investor confidence
THE TRUMP tariffs will impact the Philippines mainly via the weakening of investor confidence as potential investors weigh a retreat behind US tariff walls,...
US chip firms being pitched on expanding PHL footprint
THE Department of Trade and Industry (DTI) said it is in talks with US semiconductor multinationals to expand their presence in the Philippines.
“We spoke...
Philippine jobs ‘exposed’ to AI risks estimated at 35-37%
BETWEEN 35% and 37% of Philippine jobs are at risk of displacement to artificial intelligence (AI), the World Bank said.
“About 35% to 37% are...
Energy dep’t outlines measures to ensure reliable power for polls
THE Department of Energy (DoE) said on Monday that measures are in place to ensure stable and reliable power during the midterm elections, and...
April WESM rates decline on higher supply margin
ELECTRICITY PRICES on the Wholesale Electricity Spot Market (WESM) declined in April as supply improved with power generators scheduling less maintenance during election season,...
Airport fee increases need to go into upgraded facilities, analysts say
THE increased terminal fees for air passengers will need to be backed up by improved facilities, though the impact on traffic volume is expected to be minimal, analysts said.
Drought tolerance being developed in sugarcane
THE Philippine Sugar Research Institute Foundation, Inc. is seeking to develop sugarcane varieties tolerant of drought and resistant to disease, the Department of Science...