Missing piece in unlocking FTAs: PHL competitiveness
THE PHILIPPINES has been on a free-trade agreement (FTA) negotiating spree in anticipation of shifting trade patterns in the wake of the disruption brought by the US tariff regime.
100% foreign ownership rules seen easing Abu Dhabi oil company’s PHL expansion
THE PHILIPPINES is “ready and open” for major foreign oil companies, including Abu Dhabi National Oil Co. (ADNOC), seeking to expand their presence in...
Eala scores a repeat win over Vekic ahead of Aussie Open main draw
ALEXANDRA “ALEX” EALA reasserted mastery of seasoned Croatian ace Donna Vekic, 6-3, 6-4, in the Kooyong Classic in Melbourne on Wednesday at the Kooyong...
Shai Gilgeous-Alexander’s 3rd quarter outburst lifts OKC Thunder over Spurs
SHAI GILGEOUS-ALEXANDER scored 15 of his 34 points in the third quarter to help the Oklahoma City (OKC) Thunder to a 118-98 home win...
Austrian Sebastian Ofner’s premature celebration costs him Australian Open spot in epic collapse
SEBASTIAN OFNER may never forget the rules of the sport again after his premature victory celebration turned into a nightmare collapse against Nishesh Basavareddy...
China’s trade ends 2025 with record $1.2 trillion surplus despite Trump tariff jolt
BEIJING — China on Wednesday reported a strong export run in 2025 with a record surplus of nearly $1.2 trillion, as producers braced for...
2025 was the world’s third-warmest year on record, EU scientists say
BRUSSELS — The planet experienced its third-warmest year on record in 2025, and average temperatures have exceeded 1.5°C of global warming over three years,...
Vietnam to implement cigarette excise tax from 2027; gradual hike to follow
HANOI — Vietnam will introduce an absolute excise tax on cigarettes starting in 2027, with rates increasing incrementally to 10,000 dong ($0.38, $1 =...
Philippine FDI net inflows plunge nearly 40% in October
NET INFLOWS of foreign direct investments (FDI) into the Philippines plunged nearly 40% year on year in October, as foreigners’ net investments in debt instruments slumped.
Philippines inks FTA with UAE
THE PHILIPPINES and the United Arab Emirates (UAE) signed on Tuesday a landmark free trade agreement (FTA) which is expected to boost Philippine exports...
Philippines targets 4.3% of GDP for infrastructure spending this year
THE DEPARTMENT of Budget and Management (DBM) cut its infrastructure spending target to 4.3% of gross domestic product (GDP) this year from 5.1% previously, as a corruption scandal weighed on government spending and economic growth last year.
Listed airlines seen posting mixed results in 2026
LISTED Philippine airline companies are likely to show uneven performance in 2026, buoyed by resilient travel demand and fleet expansion, but constrained by high costs and external risks, analysts said.