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Nestlé holds prices, eyes essentials amid supply risks

Nestlé Philippines Inc. is keeping prices steady for now, even as rising fuel and logistics costs squeeze margins, while preparing contingency plans that would prioritize essential goods if supply pressures worsen.

Philippines joins Pax Silica, plans Luzon security zone

The Philippines has formally joined Pax Silica, a US-led supply chain initiative, signaling its rising role as an electronics manufacturing hub in Asia, the US State Department said on April 16.

SEC broadens ESG rules, links sustainability to finance

The Securities and Exchange Commission (SEC) is preparing to expand sustainability disclosure requirements beyond publicly listed firms, signaling a broader push to embed environmental, social and governance (ESG) accountability across corporations vested with public interest.

Markets signal calm despite Middle East conflict risks

Global equities pushed higher Thursday as investors shrugged off ongoing tensions in the Middle East, with volatility signals suggesting markets see limited risk of further escalation.

Marcos: Zaldy Co arrested by Czech authorities

President Ferdinand Marcos Jr. on Thursday announced the apprehension of former AKO-Bicol Party-list Congressman Rizaldy “Zaldy” Co by Czech authorities for traveling without proper documents. Marcos said the former lawmaker wanted for his alleged role in the flood-control controversy is currently detained in Prague. he said the Philippine government is closely coordinating with Czech officials to ensure all legal procedures are followed and to facilitate his return to Manila “at the soonest possible time.” Authorities said they will keep the public informed as developments unfold.

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PhilExport urges MSMEs to turn trade deals into export wins

The Philippines must do more than sign trade deals—it must help smaller businesses turn them into export sales, Philippine Exporters Confederation Inc. (PhilExport) President Sergio Ortiz-Luis Jr. said.

DA asks Senate to back P198.4-B 2027 budget to protect farmers, secure food

The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.

DOE stands firm on new coal bidding rules to bolster national energy strategy 

The Department of Energy will proceed with its updated bidding rules for brownfield coal resource areas despite opposition from key industry player Semirara Mining and Power Corp. Energy Secretary Sharon Garin affirmed that the revised terms will apply uniformly to all prospective bidders, as the government seeks to prioritize domestic fuel supply over foreign exports.

Vingroup plans $500M EV plant in Philippines, EVIS role unclear

The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.
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