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China speaks with Saudi Arabia, South Africa about response to US tariffs

A 3D-PRINTED miniature model of US President Donald Trump and the Chinese flag are seen in this illustration taken on Jan. 15, 2025. — REUTERS/DADO RUVIC/ILLUSTRATION

BEIJING – China’s Commerce Minister Wang Wentao had discussions with his Saudi Arabian and South African counterparts to exchange views on responding to the United States’ “reciprocal tariffs”, the Chinese ministry said on Friday.

The conversations took place over separate video calls on Thursday in which China discussed strengthening bilateral economic and trade cooperation with Saudi Arabia and South Africa.

Wang also spoke to Saudi Arabia’s Commerce Minister Majid bin Abdullah al-Qasabi about enhancing cooperation with countries within the Gulf Cooperation Council, while G20 and BRICS’ roles were brought up in his conversation with South Africa’s Parks Tau.

The Chinese commerce ministry’s statements did not elaborate on the discussions. – Reuters

US tariffs on Philippines could affect weapons deal, ambassador says

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WASHINGTON – Imposing tariffs on U.S. imports from the Philippines could affect the U.S. ally’s ability to afford U.S. weapons systems and a long-discussed $5.58 billion plan to acquire F-16 fighter jets, Manila’s ambassador to Washington told Reuters.

The Philippines faced levies of 17% on its exports to America after President Donald Trump announced global tariffs last week. On Thursday, Mr. Trump announced a 90-day pause on the “reciprocal tariffs” except those on goods from China, but the Philippines and other Southeast Asian countries still face a 10% levy for the next three months.

Philippine ambassador Jose Manuel Romualdez said Manila was keen to negotiate.

“Like most countries … we’re trying to arrange for our minister of trade, for our presidential assistant on international investments and trade, to be able to come here to Washington and have a serious discussion on how we can go through this whole process … on the basis of what is mutually beneficial for both our countries,” he said in an interview.

He referred to Washington’s approval this month of the potential sale of F-16 aircraft made by Lockheed Martin for an estimated cost of $5.58 billion and said tariffs could affect the Philippines economy and its ability to afford them.

“These F-16s … are very expensive for us … and we won’t be able to afford it if, obviously, we won’t have the resources to be able to buy them,” he said.

Mr. Romuladez noted that the Philippines trade surplus with the U.S. was about $4.8 billion.

“The F-16 (deal) is $5.8 billion,” he said. “So that’s a $1 billion surplus in favor of the United States, if we do get to that point that we’ll be able to buy that.

“It’s a quid pro quo. And I think that President Trump has made it clear that tariffs are to balance it off … So if that’s the policy, then we will do it.”

Philippine officials say Manila is also interested in purchasing the Typhon missile system, which the U.S. has deployed in the Philippines for exercises and which experts say could have an important role in the event of a Chinese attack on the self-governed but Chinese-claimed island of Taiwan.

Mr. Romualdez, ambassador in Washington since 2017 during Trump’s first term and a cousin of Philippines President Ferdinand Marcos Jr, said Manila’s U.S. relationship was different to those of other countries given shared losses in World War Two.

He said a U.S. visit by Mr. Marcos to meet Mr. Trump that had been envisaged for the spring depended on their respective schedules, but could take place “any time between … April, May, June.” – Reuters

Philippines central bank chief signals cautious path on rate cuts

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MANILA – The Philippine central bank is taking a cautious approach to policy easing this year to avoid overheating the economy and reigniting inflation, which has been on a downward trend, Governor Eli Remolona told Bloomberg TV on Friday.

The Bangko Sentral ng Pilipinas resumed its easing cycle on Thursday, cutting its benchmark interest rate by 25 basis points to 5.50% and signaling further reductions to come — in “baby steps” — as it seeks to support the economy amid global uncertainties.

“We don’t want to overdo it,” Mr. Remolona said. “If we overdo it, then we start to exceed capacity, then inflation comes back. So we want to get to the neutral rate smoothly.”

The BSP uses several estimates for the neutral rate — the theoretical level at which monetary policy neither stimulates nor restricts growth — but typically relies on a midpoint, which Remolona said was at around 2%.

He also ruled out inter-meeting rate cuts, noting policy decisions are typically made at scheduled meetings, which occur every other month. Four meetings remain this year, with the next set for June 19.

Mr. Remolona also said the Philippines has not been intervening in the foreign exchange market more than usual this week and was looking at diversifying foreign reserves, not reducing them.

“We have the right mix of assets in reserves,” Mr. Remolona said. – Reuters

BSP resumes easing with 25-bp cut

A vendor sells fruits in Binondo, Manila, Philippines, Jan. 28, 2025. — REUTERS

By Luisa Maria Jacinta C. Jocson, Senior Reporter

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.”

The Monetary Board on Thursday reduced the target reverse repurchase rate by 25 bps to 5.5% from 5.75%. All 17 economists in a BusinessWorld poll last week predicted a 25-bp cut.

Rates on the overnight deposit and lending facilities were also lowered to 5% and 6%, respectively.

“The Monetary Board noted the more challenging external environment, which would dampen global gross domestic product (GDP) growth and pose a downside risk to domestic economic activity,” BSP Governor Eli M. Remolona, Jr. said.

“On balance, the more manageable inflation outlook and the risks to growth allow for a shift toward a more accommodative monetary policy stance,” he added.

Mr. Remolona noted the risks to the inflation outlook have also eased and remained “broadly balanced” until 2027.

The central bank slashed its risk-adjusted inflation forecasts to 2.3% in 2025 from 3.5% previously; and to 3.3% in 2026 from 3.7% previously. It also now expects inflation to average 3.2% in 2027.

“Like the rest of the world, we’re looking at slower growth, but unlike the rest of the world, we’re looking at lower inflation,” Mr. Remolona said.

“The rest of the world is looking at higher inflation. The lower inflation rates that we’re looking at give us more degrees of freedom,” he added.

Latest data from the local statistics authority showed inflation slowed to 1.8% in March from 2.1% in February, its slowest rate in nearly five years.

This brought average inflation to 2.2% in the first quarter, well within the central bank’s 2-4% target.

“Upside pressures come from possible increases in transport charges, meat prices, and utility rates,” Mr. Remolona said.

On the other hand, downside risks could come from “continuing effects of lower tariffs on rice imports and the expected impact of weaker global demand.”

US TARIFFS
Mr. Remolona said the US’ new tariff announcement had already been factored into its policy decision.

US President Donald J. Trump on Wednesday announced a 90-day suspension on the steep new reciprocal tariffs on most of its trading partners. However, the baseline rate of 10% is still in effect.

The Philippines was slapped with a 17% tariff rate on its exports to the US.

“We have looked at global models. The advantage of the announcement of the reciprocal tariffs is we now have numbers to feed into the analysis. That’s a big thing.”

“It clears up a lot of the uncertainty. Of course, there’s a 90-day suspension of these tariffs, and the tariffs themselves could change. So, there’s still some uncertainty, but there’s less of it than before,” he added.

The central bank is anticipating slower growth, both global and domestic, due to these tariffs.

“Normally, when you have less trade, that’s a negative for growth. Globally, it’s a negative for growth… The new policies, I think, will tend to restrict trade. And that will also tend to slow down growth. Some countries, of course, will be affected more than others.”

Economic managers are targeting 6-8% GDP growth this year, after GDP expanded by 5.6% in 2024.

First-quarter GDP is scheduled to be released on May 8.

“One channel that we are looking at is the expected slowdown in global growth that could affect also domestic economic activity,” BSP Assistant Governor Zeno R. Abenoja said.

He said this latest rate cut could help support economic activity. “There are some downside risks, but we think that there are some reasons to continue to see some firmness in economic activity moving forward.”

“We were looking at growth near the low end of the (growth target). That could still be a scenario moving forward, depending on how the external environment progresses from now on,” Mr. Abenoja added.

‘BABY STEPS’
The BSP chief said they will likely continue cutting rates further this year.

“We contemplate further cuts this year. We can’t tell you exactly how many more cuts, but definitely (there will be) further cuts this year,” Mr. Remolona said.

“We’ll still do it in baby steps. We’ll still do it 25 bps at a time. But I can’t tell you how many more times.”

There are four more Monetary Board policy meetings this year, with the next slated for June 19.

Although they are still in an easing mode, Mr. Remolona noted rate cuts are unlikely to be delivered at every meeting.

“For now, what we’re looking at is a few more cuts, but we have more meetings than the number of cuts we are thinking about,” he added.

He said the current rate is still “slightly restrictive.”

“We’re still somewhat below capacity, which means we have some room to cut without causing inflation ourselves… so somewhat restrictive still.”

This cycle of easing will also likely conclude this year, Mr. Remolona said.

“For now, we think we will have completed the easing cycle in 2025. A possible risk is that we begin to see a hard landing, and then we’ll have to cut by more than 2025. But 2027 is still too far away.”

The central bank will continue to take a “measured approach” on any further monetary easing, he added.

Analysts likewise expect the BSP to continue its easing path this year.

“With inflation set to remain under control, we think the central bank will loosen policy further over the coming months and by a bit more than most analysts expect,” Capital Economics Assistant Economist Joe Maher said in a commentary.

“We expect a combination of easing food price inflation and lower transport price inflation to keep inflation contained over the coming months.”

For his part, Mr. Maher said they expect a total of 75 bps worth of rate cuts for the entire 2025.

Nicholas Antonio T. Mapa, chief economist at Metropolitan Bank & Trust Co., said “soft inflation and fallout from Trump’s tariff tantrums could mean BSP continues easing cycle through 2025.”

Pantheon Macroeconomics Chief Emerging Asia Economist Miguel Chanco said they expect the key rate to end at 4.75% this year.

“We remain content, as well, with our below-consensus terminal benchmark rate forecast of 4.75%, which implies three more cuts in the months ahead, one more than what the consensus sees,” he said.

Mr. Chanco said they recently cut its 2025 growth forecast to 5.3% from 5.4%, “in the wake of the US’ decision to levy a blanket 10% tariff against all imports, including those from the Philippines.”

PHL eyes tariff talks with USTR

The US flag and the word “tariffs” are seen in this illustration taken on April 4, 2025. — REUTERS/DADO RUVIC/ILLUSTRATION

By Chloe Mari A. Hufana, Reporter

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.

This comes after US President Donald J. Trump on Wednesday paused the steep new tariffs imposed on most of its trading partners, including the Philippines, for 90 days. However, the blanket 10% duty on nearly all US imports will remain in effect. (Read related story “Trump’s tariff pause focuses trade war on China”).

In a virtual Palace briefing, Mr. Go said he will head to Washington to discuss the tariff on Philippine goods with the US Trade Representative (USTR), but there is no definite date yet.

“This is not about appealing [the tariffs], but about negotiating,” Mr. Go said.

“The best possible outcome is a free trade agreement [between the Philippines and the US] — a free trade agreement means zero tariffs on their side and zero tariffs on our side —that’s probably the best possible outcome of that meeting, but again it’s open communication, dialogue, cooperation and let’s see what we can negotiate,” he added.

Citing the National Economic and Development Authority, Mr. Go estimated the 17% tariffs on Philippine goods will have a “small” 0.1% effect  on the country’s gross domestic product (GDP) over the next two years.

“First of all, what we can clearly see in the reciprocal tariffs imposed by America on the world is that the Philippines has a slight advantage,” he added.

He noted the Philippines has the second-lowest tariffs in the Southeast Asian region, with 17%, compared with other nations that reached as high as 54%. Singapore received the lowest tariff rate at 10%.

Despite this, Mr. Go recognized that any additional tariffs would still impact certain industries in the country.

“We also have to consider that this involves only one export sector of the country, and businesses are generally quite resilient — if one market closes, they look for another market to open. So, the estimate is a 0.1% effect on our GDP,” he added.

Meanwhile, Mr. Go said the government is also eyeing support for exporters that will be affected by the new US tariffs.

“First (we will) engage with our exporters to discuss with them what the possible measures are that they can take, and that the government can assist them in this current situation,” he said.

Mr. Go also underscored the need to monitor how neighboring countries are responding to the tariffs and how Washington will react to requests from its trading partners.

While each Association of Southeast Asian Nations (ASEAN) member-country may have its own position, he noted the need for vigilance and adaptability.

“[For the Philippines], we’re in a semi-good place, but of course we cannot be complacent; we need to keep monitoring what the other countries do, and for ourselves we need to negotiate an agreement that is beneficial for our country and for the businesses and enterprises in our country,” Mr. Go said.

Leonardo A. Lanzona, an economics professor at the Ateneo de Manila University, said the impact of the higher US tariffs will probably be more than merely 0.1% of Philippine GDP.

“While tariffs per se may have little impact on the Philippines, the depression in the US associated with these tariffs will have a much heavier impact. Global production will decline as countries become more and more protectionist,” Mr. Lanzona said.

“The globalization we once knew will no longer be there… Hence, it is not true that the impact will only be 0.1% of the GDP. It is probably going to be more,” he added.

IBON Foundation Executive Director Jose Enrique “Sonny” A. Africa said it may be premature to say the US tariffs will have little effect on the economy.

“The ‘0.1%’ impact on GDP cannot have any basis in fact, because the facts are still unfolding, and hides this with its dubious one-decimal place precision,” he told BusinessWorld in a Viber chat.

Mr. Africa said the Philippine government must also consider the eventual impact of a US slowdown on remittances as well as second-round effects on inflation, interest rates and supply chains.

Moody’s Analytics trims PHL growth forecast on US tariffs

Shoppers crowd Baclaran Market in Parañaque City. — PHILIPPINE STAR/RYAN BALDEMOR

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 tariffs.

“The US dealt the Philippines a harder blow than we expected, declaring a 17% tariff, so we have trimmed our GDP growth forecast to 5.8% from 5.9% in our March baseline,” it said in a report.

“Again, we’ll have to wait and see whether the diluted 10% tariff will last long term or revert to 17%.”

Moody’s Analytics’ forecast is below the government’s 6-8% target this year.

A chart from Moody’s Analytics showed the Philippines’ 17% tariff could have a direct hit of -0.4% on GDP.

“Although US President Donald J. Trump has just declared a 90-day freeze on most of the harsh tariffs announced a week ago and applied a 10% blanket tariff in their place, the April baseline represents the economic toll they’ll have should they eventually go ahead in full.”

“Even if a 10% tariff on most trading partners becomes a permanent US policy, many Asia-Pacific economies will suffer direct and indirect bruising as intraregional trade diminishes,” it added.

The tariffs are expected to weaken the country’s goods exports to the US, as it is the largest buyer of Philippine-made goods.

The Philippines’ top destination for exports is the United States, accounting for about 17% of the total in 2024.

“Further, slowing growth in China will hit service exports, especially in tourism-related sectors. Prior to the COVID-19 (coronavirus disease 2019) pandemic, Chinese tourists were the country’s largest group of visitors,” it added.

Moody’s Analytics flagged the uncertainties from countries’ tariff negotiations with the Trump administration.

“The big unknown is how negotiations might alter the extent and duration of tariffs in all directions and whether the US will extend its 90-day pause on tariffs for 75 countries.”

Mr. Trump’s tariffs have shown the steepest increases since the 1930s, it added.

“Uncertainty is palpable, with tumbling and volatile equity markets headlining financial market turbulence.”

“The negative and pervasive impact of a sustained rise in uncertainty cannot be understated. Household and business sentiment is crumbling, and if the calamity continues, monetary policy easing that was supposed to characterize 2025 will lose some of its potency.”

Consumers are also expected to spend less amid the economic uncertainty. Businesses are also seen to hold back on investments, it added.

The slew of tariffs also “increase the odds of a global recession,” Moody’s Analytics said.

“Under those tariffs, inflation across Asia would stay subdued amid weaker trade and growth dynamics. Inflation in the US, however, would rise as tariffs increased prices of producer and consumer goods.”

Meanwhile, Moody’s Analytics said Philippine inflation will likely remain within the 2-4% target band for the rest of the year.

It also expects the central bank to deliver another 25-basis-point (bp) rate cut in the second half, following its April policy decision.

‘TOO EARLY’
Meanwhile, Fitch Solutions unit BMI said the Philippine GDP may grow by 5.2% this year if the US implements a 17% tariff on the Philippines.

“Our preliminary estimates suggest that this will reduce output by around 1.1 percentage points (from its current projection of 6.3%), putting the government’s growth target of 6-7% at risk,” BMI said, noting that it is still premature to commit to any revisions to the forecast.

“With negotiations on the cards, it is too early to identify the extent of Trump’s tariffs on the Philippine economy.”

However, BMI said it expects the Philippines to “succeed” in negotiations with the Trump administration and secure a lower tariff rate.

“Regardless of what the final tariff rate will be, we expect lawmakers will resort to increasing public spending to cushion the economic fallout caused by Washington’s protectionist policies,” it said.

“The Philippines remains a vital security partner for the US, particularly as Washington aims to counter Beijing’s growing influence in the South China Sea. This strategic relationship should afford the Philippines some leverage in negotiations.”

BMI retained its forecast that the Philippines’ fiscal deficit will widen to 5.9% of GDP this year from 5.7% last year. This is higher than the 5.3% deficit ceiling set by the Development Budget Coordination Committee.

“If anything, the likelihood of the government having to incur a larger fiscal deficit has risen significantly against the backdrop of heightened geopolitical uncertainty,” it said.

BMI said the government may have to increase its spending to counter the economic impact of the US tariffs.

“Assuming a fiscal multiplier of 0.50 derived from academic research, the government will have to increase its expenditure by around 1.4 percentage points from 21.9% of GDP to reach the government’s lower bound target of 6% on our projections,” it said. — Luisa Maria Jacinta C. Jocson with inputs from A.R.A. Inosante

PHL urged to ramp up competitiveness amid Trump tariff reprieve

Workers are seen at a manufacturing facility in Santa Rosa, Laguna. — PHILIPPINE STAR KRIZ JOHN ROSALES

By Justine Irish D. Tabile, Reporter

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.

“It is difficult to read Trump’s mind. Who knows, there might be another ‘shocker’ after the 90-day recess,” said Robert M. Young, president of the Foreign Buyers Association of the Philippines, in a Viber message on Thursday.

“In the meantime, let’s all get back to work and sharpen our pencils to re-evaluate and shape up to be able to compete globally. As it is, the Philippines is considered the last option due to the higher cost of doing business,” he added.

Mr. Young said it is high time for the Philippines to ramp up its capabilities as competition heats up with other markets.

“The Philippines’ focus should be on the major categories like agricultural products, electronics, minerals, and manufactured items like garments and apparel,” he added.

Mr. Trump on Wednesday announced a 90-day pause on the higher reciprocal tariffs on most of the US’ trading partners, including members of the Association of Southeast Asian Nations (ASEAN).

The US slapped ASEAN countries with some of the highest tariffs. Cambodia is facing a 49% tariff, followed by Laos (48%), Vietnam (46%), Myanmar (44%), Thailand (36%), Indonesia (32%), Malaysia (24%), and Brunei (24%).

The Philippines was slapped with a 17% tariff, which is among the lowest in the region, only second to Singapore’s baseline rate of 10%.

With the 90-day pause now in place, all countries including the Philippines will face a blanket 10% duty until July.

Meanwhile, Philippine Chamber of Commerce and Industry Chairman George T. Barcelon said that the business sector is still adopting a wait-and-see stance.

“[This pause] is a good development … This period would give us some time to clarify the matter of if and when they will reimpose, whether it is across-the-board coverage or select goods still,” said Mr. Barcelon in a phone interview.

He said that the Philippines’ original 17% rate is a comparative advantage that makes the country attractive for both foreign direct investments and people shifting orders to countries with lower rates.

“But we have to be prepared. Because if we don’t have the capacity, this comparative advantage will be for naught,” he said.

“This 90-day pause can be used to clarify certain things and also to study what the opportunities are in this whole issue of reciprocal tariffs across the world,” he added.

ASEAN RESPONSE
Meanwhile, ASEAN economic ministers expressed concern over the imposition of unilateral tariffs by the US, but said they will not impose retaliatory measures.

“This has caused uncertainty and will bring significant challenges to businesses, especially micro, small, and medium enterprises (MSMEs), as well as to global trade dynamics,” ASEAN economic ministers said in a joint statement.

“The unprecedented imposition of tariffs by the US will disrupt regional and global trade and investment flows, as well as supply chains, affecting businesses and consumers worldwide, including those of the US.”

Further, the ASEAN ministers said that the tariffs have the potential to impact economic security and stability that may affect livelihoods and hinder economic progress in ASEAN, particularly less developed economies.

In 2024, the US was ASEAN’s largest source of foreign direct investment and second-largest trading partner.

“In light of these developments, we express our common intention to engage in a frank and constructive dialogue with the US to address trade-related concerns… ASEAN commits to not impose any retaliatory measures in response to the US tariffs.”

Department of Trade and Industry Secretary Ma. Cristina A. Roque, who took part in a joint meeting with ASEAN economic ministers, said there is a need for a comprehensive impact assessment of the US tariffs on the region.

“To strengthen this partnership with the US, ASEAN will enhance existing cooperation platforms such as the Trade and Investment Facilitation Agreement, or TIFA, and the Expanded Economic Engagement, or E3 Workplan,” she said.

“Additionally, ASEAN will explore new agreements to bolster supply-chain resilience and expand market access, demonstrating our commitment to proactive engagement with the US,” she added.

A survey by a global market research and data analytics company, Milieu Insight, showed that 61% of Filipinos said that they are not confident that the Philippine government can effectively manage the economic impact of the US tariffs.

Milieu Insight said that it surveyed 6,043 individuals from the Philippines, Indonesia, Malaysia, Thailand, Singapore, and Vietnam from April 4 to 7. There were 1,000 respondents from the Philippines.

Asked how confident they were in their government’s ability to handle the impact of tariffs, 68% of the Thai and 61% of Filipino respondents expressed skepticism.

Results of the survey also showed that people in the six Southeast Asian countries are concerned about how the tariffs will impact their daily life.

Concerns were particularly high in Vietnam at 78%, followed by Thailand (75%), Indonesia (73%), and Singapore (72%). It was relatively lower in the Philippines at 69% and Malaysia at 63%.

Meanwhile, 79% of the Filipinos said that they see the tariffs as having a negative impact on the Philippine economy. In Thailand, 93% said that they see a negative impact on their economy.

The survey also showed that 90% of Southeast Asians expect the tariffs to drive up prices of everyday goods.

In the Philippines, 67% of the respondents said that they expect food and beverage products to be mostly affected by the tariffs. This was followed by electronics and gadgets (48%) and automobiles and transportation (38%).

“These findings show that people in Southeast Asia are already anticipating economic pressure from these new tariffs,” said Milieu Insight Founder Gerald Ang.

“There may be higher prices, which means Southeast Asians would have to adjust their spending habits and increasingly look to local products to fill the gap,” he added.

According to the survey, 64% of Filipinos are planning to shift to local alternatives if prices of imported goods increase.

Canva launches Visual Suite 2.0 with enhanced AI-powered tools for designers, creators

By Beatriz Marie D. Cruz, Reporter

VISUAL COMMUNICATION platform Canva, Inc. on Friday launched Visual Suite 2.0, which streamlines design workflows and leverages artificial intelligence (AI) to provide new tools for creators.

Visual Suite 2.0 is the company’s biggest product launch since its founding in 2013, according to Canva Co-founder and Chief Executive Officer Melanie Perkins. The product was unveiled at the Canva Create event at SoFi Stadium in Los Angeles.

“We saw a huge opportunity to make complex things simple and we asked ourselves how we can make AI even more accessible and intuitive,” Canva Co-founder Cameron Adams said in a virtual briefing last week.

“Previously, we saw the pain points of requiring different skills for you to tell a story, visualize your data, gather insights, or even know the formula yourself,” Canva Philippines Country Head Yani Hornilla-Donato told BusinessWorld in a virtual interview. “But now, we’re democratizing all of these skills into clickable tools and buttons, allowing the user to really focus less on the technical ability, but unleash their creativity and critical thinking more.”

Among the features of Visual Suite 2.0 is Visual Suite in One Design, which consolidates design and work tools into a unified workflow, allowing collaboration among multiple users when designing content. 

Meanwhile, Canva Sheets organizes data, text, and visual assets into spreadsheets, with users also able to import data from HubSpot, Statista, Google Analytics, among others. Magic Charts converts raw numbers into visuals in seconds through AI, while Magic Studio at Scale allows users to create content in bulk.

The company also unveiled Canva AI, a voice-enabled tool that allows users to generate a design from single prompt, and Canva Code, which lets creators design interactive content without any coding experience. 

Lastly, Canva Photo Editor, which is now part of Visual Suite, includes features like AI-powered point and click editing and AI-generated backgrounds.

To ensure the ethical use of AI tools on the platform, Canva Shield provides input and output moderation, safety filters, bias mitigation, and user controls.

Users will also have the option to turn off AI tools based on their needs, especially those in “sensitive” industries, Ms. Perkins added. 

“As a company, I would say that Canva has taken a more conservative stance in terms of AI, and by that, I mean really spending time with research, trying to mitigate bias in our AI models, and upholding our values when we integrate or partner with tools that use AI,” Ms. Donato said.

Through the launch of Visual Suite 2.0, Canva is bullish on growing its user base in the Philippines, which is the company’s first market globally to hit one in five Canva users, the official said.

Most Canva users in the Philippines are small and medium enterprises that use the platform for marketing, product showcase, and video content, as well as freelancers, students, teachers, and knowledge workers, Ms. Donato said, adding that they have also seen growing interest from companies.

Grow your business with Caltex: Be a Caltex Lubricants Distributor in Metro Manila today

Chevron Philippines, Inc. (CPI), marketer of Caltex brand and products in the Philippines, is looking for a business partner who will serve as a distributor of Caltex lubricants in Metro Manila.

With over 90 years of presence in the country, CPI offers the opportunity to partner with a world-class brand and market all renowned Caltex Delo, Havoline and Techron oils and lubricants which include:

  • Engine oils (Diesel & Gasoline)
  • Motorcycle oils — (synthetics, mineral)
  • Specialty products (Flushing, Brake & Clutch, Coolant)
  • Transmission Fluids
  • Gear oils
  • Grease oils
  • Industrial brands

This partner will play a crucial role in distributing lubricants and implementing marketing programs to trade customers within their assigned area such as:

  • Auto supply stores
  • Motorcycle shops
  • Tire shops
  • Independent workshops
  • E-commerce platforms
  • Caltex Fuel Stations
  • Caltex workshops
  • Commercial and industrial businesses
  • And non-traditional stores (supermarkets, hardware stores, etc.)

The chosen partner will be responsible for securing extensive lubricant coverage and availability trade accounts, ensuring timely and reliable delivery of products, offering exceptional customer support and implementing marketing programs within their business area.

Prospective partners should ideally have experience in High Street trade distributorship (lubricants and/or FMCG products), strong territory presence, commitment to providing exceptional customer service, and alignment with Chevron core values and strategies.

To explore this exciting opportunity, interested parties should submit a Letter of Intent and Company Profile to phhqcscstaff@chevron.com and fill out the questionnaire on https://go.chevron.com/MMDistributor on or before April 21, 2025. For inquiries, please contact (02) 8867-7710 or (02) 7793-7600.

 

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Reliable 7-seater models for families

In a very family-oriented country like the Philippines, having a car that fits the whole household, the extended family, plus maybe a few extra bags and groceries, is slowly becoming a necessity. This is the reason why seven-seater sport utility vehicles (SUVs) remain a popular choice for Filipino families. Be it a school pickup, a grocery run, a spontaneous road trip to the province, or a casual drive around the city with the whole family, having a spacious and reliable vehicle makes all the difference.

This year, the industry’s finest engineers have realized the Philippines’ affinity for 7-seaters as they offer new and updated models that are smarter, more fuel-efficient, and more stylish than previous releases. With new technology, modern safety features, and a wide range of prices to suit every budget, 2025’s 7-seater lineup is built to meet the everyday needs of the modern Filipino family.

Toyota Fortuner

Toyota remains a strong player in this category with the ultra-reliable Fortuner, a household name that has maintained its popularity over the years. Priced between P1.8 million and P2.7 million, the 2025 Fortuner offers both 2.4L and 2.8L diesel engine options.

The Fortuner continues to be a top pick for households seeking power, safety, and a touch of muscle as the model maintains its commanding presence on the road and boosts its reputation for durability. The latest variant, especially the GR-S model, boasts updated safety features, such as multiple air bags, hill-start assist, and reverse cameras, along with a more aggressive design and sportier suspension system. The 7-seater is well-suited for both city driving in Metro Manila and rugged adventures in the provinces.

Mitsubishi Xpander Cross

Another fan favorite is the Mitsubishi Xpander Cross, which continues to win hearts in 2025 with its SUV-inspired looks and practical features. Retailing between P1.4 million and P1.5 million, this vehicle is a go-to for Filipino families who want value, reliability, and versatility. The model comes with a 1.5L Mitsubishi Innovative Valve timing Electronic Control (MIVEC) gasoline engine paired with a continuously variable transmission (CVT) for smoother shifts and better fuel economy.

The Xpander is also built with higher ground clearance than most multi-purpose vehicles, which allows the drivers to be more confident on uneven roads or during rainy season drives. Comfort-wise, Mitsubishi’s 7-seater offers a well-thought-out cabin layout, with flat-folding third-row seats and ample legroom even in the back. Additionally, an updated infotainment system and stability controls enhance both convenience and safety for the driver up to the seventh passenger.

Hyundai Stargazer

Hyundai’s entry into the segment, the Stargazer, is another compelling choice for those looking for affordability without sacrificing quality. With a price tag ranging from P1.068 million and P1.288 million, the Stargazer is one of the most budget-friendly 7-seaters available this year.

The model is powered by a 1.5L Smartstream gasoline engine matched to an Intelligent Variable Transmission (IVT), ensuring both fuel efficiency and a responsive driving feel. Truly setting the Stargazer apart from its competition, the vehicle has a futuristic design, generous interior space, and tech-forward features such as an 8-inch touchscreen with wireless Apple CarPlay and Android Auto.

Kia Carnival

Kia Carnival — kia.com

On the higher end, the 2025 Kia Carnival continues to raise the bar for what a family car can be. Priced between P2.88 million and P3.48 million, the Carnival pampers passengers with its upscale interior, VIP captain seats, dual sunroofs, and premium technology.

Beneath the hood is a 2.2L CRDi diesel engine combined with an eight-speed automatic transmission, offering a smooth, quiet, and responsive driving experience. Designed for comfort and elegance, the model is ideal for large households or anyone who wants every journey to feel like a first-class ride. The Carnival is stunning inside and out with its Starmap signature front LED lighting, dual 12.3-inch panoramic displays, and a digital rear-view mirror, all while staying safe with features like smart cruise control and lane-keeping assist.

Lexus LX

Even more luxurious, families with a keen sense of style and sophistication will find the Lexus LX to be an outstanding choice in the 7-seater SUV category. Starting at around P11 million, this 7-seater SUV is powered by a 3.5L twin-turbo V6 engine and paired with a 10-speed automatic transmission, offering smooth, powerful performance across various terrains.

Inside, the cabin is perfect for the affluent with spacious seating, premium materials, and an advanced infotainment system to keep passengers comfortable and connected. With the Lexus Safety System+, you also get peace of mind, thanks to features like adaptive cruise control and lane-keeping assist. Designed for discerning buyers who want elegance, space, and capability all in one, the Lexus LX is the kind of 7-seater that makes every journey feel extraordinary.

Isuzu Mu-X

Isuzu MU-X — isuzuphil.com

For drivers who value toughness and dependability over time, the Isuzu Mu-X continues to be a standout option. This Isuzu model, known for its consistent performance even on rough terrain, has a price tag varying from P1.7 million to P2.6 million, and comes equipped with either a 1.9L or 3.0L BluePower diesel engine.

The Mu-X is packed with safety innovations like Isuzu’s Advanced Driver Assist System and is built for the outdoors with features like a 4×4 terrain command system and an 800-mm water-wading capacity. With its bold stance and roomy interior, it’s a solid pick for big families or business owners needing both space and strength in one vehicle.

Opinions may vary on which among these amazing models is the best 7-seater in the market this year. For those after affordability and everyday practicality, the Hyundai Stargazer and Mitsubishi Xpander Cross deliver great value. If a family’s focus is on durability and performance, the Isuzu Mu-X and Toyota Fortuner are powerful and proven to be reliable. Filipinos looking for tech-savvy comfort will appreciate what the Kia Carnival brings to the table, while those who want luxury and space will find the Lexus LX as a compelling choice.

In the end, the right 7-seater for a Filipino family is the one that matches its vibes and necessities — whether they’re weaving through traffic, heading out on weekend getaways, or simply making space for the people who matter most in the vehicle that makes you feel comfortable the most. — Jomarc Angelo M. Corpuz

Considerations in choosing the perfect family car

Freepik

Car ownership patterns in the Philippines, like in many other parts of the world, are significantly influenced by life milestones and shifts in income, location, and family size. The decision to buy, maintain, or sell a vehicle is often triggered by life events that reflect both economic realities and the changing dynamics of modern Filipino lifestyles.

For many, purchasing a car signifies success, independence, or increased social standing. Whether it’s buying a first car, upgrading to a larger vehicle for growing families, or choosing a more fuel-efficient model to cope with rising fuel costs, these decisions are shaped by practical needs and emotional aspirations.

A growing middle class has enabled more Filipinos to afford vehicles, especially in more affluent urban centers like Metro Manila, Cebu, and Davao. This growth reflects broader economic optimism, as more Filipinos feel confident about their financial situations and are more willing to make significant purchases, like vehicles.

In January 2025 alone, the automotive industry saw a notable surge in sales, with a 10.4% increase compared to the previous year. According to the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA), 37,604 units were sold in January 2025, up from 34,060 units in the same month in 2024.

Still, buying a car is one of the most significant financial decisions anyone can make, and it carries even more weight due to unique local conditions in the Philippines. Therefore, it is crucial to consider various factors before making a purchase, especially when selecting a family car that not only meets current household needs but also anticipates future requirements.

Search for the appropriate vehicle

Traditional sedans and compact cars often fail to meet the demands of modern family life. With more children and the need for added features to accommodate busy lifestyles, parents are turning to vehicles that offer more space and flexibility.

Multi-purpose vehicles (MPVs) have been a reliable choice for families for years. Known for their expansive interiors, MPVs feature sliding doors, multiple seating configurations, and smart storage solutions, making them ideal for everything from school runs to weekend trips. Their roomy design has made them a household staple for families who need maximum utility without sacrificing passenger comfort.

While MPVs have historically dominated family transportation, sport utility vehicles (SUVs) now offer a compelling alternative. These vehicles combine the passenger capacity of a minivan with the rugged off-road capabilities. SUVs provide ample room for passengers and cargo while maintaining the versatility to handle outdoor excursions or urban commuting.

For families seeking something between an MPV and an SUV, crossovers offer a balance of comfort and space, along with a car-like driving experience. These vehicles appeal to families who want a stylish yet functional option. They provide generous seating and cargo space while remaining easy to drive and maneuver, particularly in urban settings.

However, the decision to buy a family car isn’t just about getting from point A to point B — it’s about finding a vehicle that aligns with the family’s lifestyle, meets their needs, and offers flexibility for various adventures.

For example, many families prioritize the weekday commute, so a car that offers comfort for daily drives is essential. But when the weekend arrives, their requirements shift, as most families enjoy outdoor trips that require more space.

Big family cars offer the compact driving experience of a smaller car, with the added bonus of plenty of cargo space for family trips and recreational gear. The versatility of these vehicles is their key selling point, as they handle both city driving and off-road adventures with ease.

Prioritize comfort, convenience

When considering a seven-seater, it’s important to prioritize the comfort of all passengers, especially on long trips. No parent wants to hear, “Are we there yet?” every five minutes or endure the sound of fidgeting and complaints in the backseat. The right family vehicle can help create a more relaxed environment for both parents and kids.

The first thing to consider is the seating configuration. A good family car should have adjustable and comfortable seats with sufficient legroom and headroom for all passengers. This is especially crucial for the third-row seats, which are often the least comfortable.

For larger families, a flexible seating arrangement allows for adjustments in space, making it easier to accommodate varying numbers of passengers, luggage, or child car seats.

Another key factor is the climate control system. With children often arguing over temperature settings, having dual or tri-zone climate control can make a significant difference.

A well-insulated cabin and a quiet engine can also help create a calm environment. Reducing road noise not only enhances the overall driving experience but also allows for better communication between passengers.

In addition, entertainment features are essential for families. Kids, and even adults, can quickly become bored on long trips, leading to unwanted distractions for the driver. Family cars with rear-seat entertainment systems can keep passengers entertained for hours, allowing parents to focus on the road. Look for vehicles with features like built-in screens, USB ports for device charging, Bluetooth connectivity, and even Wi-Fi options.

When it comes to family cars, safety is a top priority for all members, from the tiniest passengers in car seats to the adults in the front. A car lacking adequate safety features could put the family at risk, so it’s essential to prioritize these features during search.

Modern cars come equipped with a variety of safety technologies designed to help drivers avoid accidents. These systems include lane-keeping assist, blind-spot monitoring, automatic emergency braking, adaptive cruise control, and parking sensors. Advanced Driver Assistance System features can significantly reduce the risk of collisions, especially in busy urban areas or on highways.

For families with young children, child safety features are especially important. Some family cars offer rear-window sunshades, childproof locks, and rear-door child safety locks to ensure that little ones are safe in the backseat.

Choose the right value, quality

While it may be tempting to focus solely on the initial price tag, it is essential to consider the total cost of ownership over the vehicle’s lifespan. A cheaper car may seem appealing but could have higher maintenance costs and a shorter lifespan.

Fuel efficiency is another key consideration, especially for families who frequently travel long distances.

Hybrid and electric vehicles (EVs) have recently gained popularity due to their eco-friendly nature and impressive fuel savings. Hybrid cars combine a traditional gasoline engine with an electric motor to optimize fuel consumption. This is ideal for city driving, where fuel efficiency is significantly affected by stop-and-go traffic.

For families needing more space, hybrids and electric vehicles are increasingly available in larger models. When considering hybrid or electric models, evaluate the vehicle’s range. Ideally, a seven-seater should offer more than 200 miles of range to ensure long trips are convenient without frequent charging stops.

Fuel economy ratings, measured in miles per gallon (mpg), are a crucial metric when evaluating any family car. For larger family vehicles like SUVs or MPVs, aim for a fuel economy rating around 45 mpg or higher for a seven-seater. Although these cars may have larger engines to accommodate more passengers, modern engineering techniques balance power and fuel efficiency.

Another consideration is engine size and type. Smaller engines are typically more fuel-efficient but may struggle with performance when the vehicle is fully loaded with passengers and cargo.

If an individual frequently travel with a full family, consider the trade-off between fuel efficiency and the engine’s ability to meet the requirements. Diesel engines, for example, can offer a good balance of fuel economy and power. However, diesel engines tend to be better suited for those who primarily drive long distances rather than short urban trips. — Mhicole A. Moral

Citicore seeks grid integration of Pangasinan solar farm

STA. BARBARA 1 Solar Power Project in Pangasinan — CREC.COM.PH

CITICORE SOLAR Pangasinan, Inc. (CSPI), a unit of the Saavedra-led Citicore Renewable Energy Corp. (CREC), is seeking approval from the Energy Regulatory Commission (ERC) to develop connection facilities for its solar farm in Pangasinan.

CSPI has proposed to develop P176.19-million interconnection facilities that will connect its 90-megawatt (MW) Sta. Barbara 1 Solar Power Project to the Luzon grid, according to its filing with the ERC.

The connection will be made through a 69-kilovolt transmission line leading to the Balingueo Substation of the National Grid Corp. of the Philippines (NGCP).

The company is looking to tap NGCP to operate and maintain the dedicated facility project.

Meanwhile, it has identified MCC-Citicore Construction, Inc. as a potential contractor for supplying the necessary equipment, materials, laboratory, and services for the project.

CREC was among the winning bidders in the second round of the Green Energy Auction Program in 2023.

The Pangasinan solar project was also among the projects certified by the Department of Energy (DoE) as an energy project of national significance, making it eligible for expedited permit processing.

The solar farm is targeted to start commercial operations by 2026, based on data from the DoE as of January.

“Given its aggressive timeline, the completion of the project and the dedicated facility project within its projected timeframe is critical to ensure that additional capacity to the Luzon grid becomes available in a timely manner,” the company said.

The solar project forms part of CREC’s goal to expand its portfolio to 5 gigawatts (GW) by 2028.

The company expects its first GW of energy projects to come online this year. It is also launching its second 1-GW energy project pipeline this year.

CREC, directly and through its subsidiaries and joint ventures, manages a diversified portfolio of renewable energy generation projects, power project development operations, and retail electricity supply services.

At present, the company holds a combined gross installed capacity of 285 MW from its solar facilities in the Philippines. — Sheldeen Joy Talavera

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