Philippines eyes more chips, food exports to US as tariff milder
The Philippines is seeking to increase its exports to the US after President Donald Trump imposed tariffs on Manila that are lower compared with...
PHL to benefit from trade diversion due to US reciprocal tariffs
TRADE DIVERSION in Asia arising from the United States’ reciprocal tariff orders could benefit the Philippines as it is one of the few countries...
NG gross borrowings plunge in February
THE NATIONAL GOVERNMENT’S (NG) gross borrowings plunged by 48.82% in February as domestic issuances declined, the Bureau of the Treasury (BTr) reported.
PEZA is seeking reduced tariffs for key economic zone exports to US
THE PHILIPPINE Economic Zone Authority (PEZA) will seek reduced US tariffs on key economic zone exports, which will likely be impacted by the 17% reciprocal tariff that will take effect on April 9.
BSP to resume easing — poll
THE BANGKO SENTRAL ng Pilipinas (BSP) is expected to cut rates this week as low inflation and the US’ tariff policy will give it more than enough room to resume its rate-cutting cycle, analysts said.
Southeast Asian countries may need to ramp up their US purchases
MAJOR Southeast Asian economies may need to ramp up purchases from the United States, as they seek relief from steep US tariffs, a DBS...
Philippine shares slump on Trump tariff turmoil
THE Philippine Stock Exchange (PSE) plummeted over 4% to a 30-month low on Monday amid a global sell-off as US President Donald J. Trump doubled down on his aggressive tariff plan.
DTI mulls lower tariffs on US goods
THE DEPARTMENT of Trade and Industry (DTI) said on Monday that it is open to lowering tariffs on US goods in response to US President Donald J. Trump’s imposition of a 17% reciprocal tariff on Philippine goods.
ASEAN nations plan tariff talks with United States
MALAYSIAN Prime Minister Anwar Ibrahim said his country and the Association of Southeast Asian Nations (ASEAN) partners will dispatch officials to Washington, D.C. for...
Metro Manila condo launches fell to lowest level in 5 years — LPC
NEW CONDOMINIUM launches in Metro Manila slumped to a five-year low in the first quarter, as property developers focus on clearing their existing inventory,...
Topline shares dip on Philippine stock market debut
SHARES of Cebu-based fuel retailer Top Line Business Development Corp. (Topline) slipped on its market debut, even as the local bourse saw a rebound...
PHL dollar reserves slip to $106B at end-March
THE PHILIPPINES’ dollar reserves slipped as of end-March as the National Government repaid more of its foreign debt, preliminary data from the central bank showed.