The European Union is bringing political heft to Manila this week, signaling that long running trade talks with the Philippines are entering a decisive stretch.
Edwin R. Bautista is a distinguished Filipino banking executive with over three decades of leadership experience in the financial services industry. Appointed president and chief executive officer of Philippine National Bank (PNB) effective April 29, 2025, he leads one of the country's largest and most established banking institutions at a pivotal stage of strategic modernization and growth.
The government is doubling down on heritage as an engine of growth, formally launching the second phase of the Chinatown Revitalization Project in Binondo with an eye on tourism receipts and small business expansion.
The government has launched a five-year initiative to protect the Philippine Rise, an undersea plateau vital to the country’s marine resources, food security, and national security.
A temporary rice import ban ordered by Ferdinand Marcos Jr. from September to December 2025 has pushed up farmgate prices of palay (unmilled rice) across the country, helping farmers recover from months of losses but raising concerns about possible higher rice prices for consumers.
DP World is adding new logistics capacity across Southeast Asia as manufacturers and retailers race to make regional supply chains faster and more resilient, with facilities in the Philippines and Kuala Lumpur due to open later this year.
The Philippines and Singapore have concluded negotiations to modernize their nearly five-decade-old tax treaty, potentially giving businesses greater certainty on cross-border transactions as economic ties between the two countries deepen.
Semirara Mining and Power Corp. is scaling back operations at its Acacia mine as rising seawater inflows strain pumping capacity and threaten access to the mine’s remaining coal reserves.
Shell Pilipinas Corp. and Landers Superstore are combining their fuel and retail networks under a strategic partnership aimed at expanding customer reach while extending membership benefits across fuel purchases and everyday shopping.