The Philippines’ electronics sector is keeping a steady hand despite simmering Middle East tensions, signaling resilience as export revenues near a record-breaking milestone.
The Philippines is accelerating its free trade strategy, aiming to strengthen competitiveness and unlock new markets for local industries, Trade Secretary Cristina Roque announced at the ASEAN Business Environment Forum in Taguig City.
DITO Telecommunity has introduced the country’s first Silent Network Authentication (SNA) service, a new security system that aims to replace the traditional SMS-based One-Time Password (OTP) used in many online transactions.
President Ferdinand R. Marcos Jr. is ringing the alarm on artificial intelligence after a high-level sit-down with JPMorgan Chase leaders in New York. The discussion, he said, highlighted the urgent need for governments and businesses to brace for AI-driven disruptions in economies and labor markets.
The Department of Agriculture (DA) has released guidelines for the importation of up to 250,000 metric tons of frozen fish and aquatic products to help ensure enough supply in the country.
Businesses covered by the Bureau of Internal Revenue’s (BIR) electronic invoicing mandate have until year-end to upgrade billing and accounting systems, potentially adding to software, technology and training costs.
The Philippines is pushing for a free trade agreement (FTA) with the European Union to protect preferential market access and shield exporters from higher tariffs as the country moves closer to losing eligibility for the EU’s Generalized Scheme of Preferences Plus (GSP+).
The United Kingdom is seeking to deepen trade and investment ties with the Philippines without waiting for Manila’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), signaling a parallel approach to bilateral and regional economic integration.
Taiwan-based CQS Precision Die Casting Inc. is expanding into the Philippines with a new manufacturing facility in Batangas, adding robotics production to the industrial mix at LIMA Estate.