Trump unpredictability pushing exporters to diversify markets
THE Philippine Exporters Confederation, Inc. (Philexport) said its members need to diversify their markets in the face of the unpredictability of US trade policy.
Meat imports top 16% in Feb. as ASF continues to pressure supply
MEAT IMPORTS rose 16.18% year on year in February, the Bureau of Animal Industry (BAI) said, with domestic supply remaining constrained by African Swine Fever (ASF).
Unsolicited proposal for Davao Airport remains under review, PPP Center says
THE unsolicited proposal for the operations and maintenance of the Davao International Airport is still under review, the Public-Private Partnership (PPP) Center said.
“For Davao...
Paperless trade seen requiring more reforms
THE introduction of paperless trade will require reforms to the regulatory infrastructure and legal framework, according to the Philippine Exporters Confederation, Inc. (Philexport).
French businesses exploring expanded Philippine footprint ahead of EU-PHL free trade deal
MORE French businesses are looking to invest in the Philippines amid the negotiations for a free trade agreement (FTA) with the European Union (EU)...
BSP resumes easing with 25-bp cut
THE BANGKO SENTRAL ng Pilipinas (BSP) cut borrowing costs by 25 basis points (bps) on Thursday and signaled further easing amid a “more challenging external environment.”
PHL eyes tariff talks with USTR
THE PHILIPPINE government is willing to negotiate with the United States to lower the 17% tariff imposed on Philippine-made goods, according to Frederick D. Go, special assistant to the president for investment and economic affairs.
Moody’s Analytics trims PHL growth forecast on US tariffs
MOODY’S ANALYTICS trimmed its gross domestic product (GDP) forecast for the Philippines amid “weaker growth prospects” due to the impact of the US reciprocal...
PHL urged to ramp up competitiveness amid Trump tariff reprieve
THE PHILIPPINES should boost efforts to improve its competitiveness in attracting investments amid the 90-day pause on US President Donald J. Trump’s higher reciprocal tariffs.
Up to four-year delay seen for North-South rail project
THE Department of Transportation (DoTr) said full operations for the North-South Commuter Railway (NSCR) will likely be four years delayed after hitting a 50%...
Palay floor price scheme under study after farmers propose P20 per kilo
THE Department of Agriculture (DA) signaled its openness to a proposal for a minimum buying price for palay (unmilled rice) to be set at...
Soybean meal imports rising on hog recovery
PHILIPPINE soybean meal imports will likely increase 3.1% to 3.35 million metric tons (MMT), according to the US Department of Agriculture (USDA), to accompany...