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US government shuts down after Senate impasse

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The US government officially shut down early Wednesday after both Republican and Democratic funding bills failed in the Senate, leaving federal agencies without a budget and triggering the suspension of nonessential services.

ICTSI named lead company in 2025 Global Innovation Index

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International Container Terminal Services Inc. (ICTSI) has been recognized as the Philippines’ top company for intangible asset intensity in the 2025 Global Innovation Index released by the World Intellectual Property Organization (WIPO).

IMI consolidates China operations in Pingshan

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Integrated Micro-Electronics Inc. (IMI), one of the world’s leading electronics manufacturing solutions providers, has completed the transfer of its Kuichong manufacturing operations to its nearby facility in Pingshan, Shenzhen.

Ayala, Spinneys join forces for premium retail

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Ayala Corp., the diversified investment holding company of the Ayala Group,  is partnering with United Arab Emirates‑based Spinneys, a leading premium fresh‑food supermarket chain, to launch Spinneys stores in the Philippines—a move that deepens Ayala’s push to bring global retail standards to Filipino consumers.

Foreign investments surge, push PH net liabilities higher

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The country's international investment position (IIP) posted a net external liability of US$68.3 billion as of end-June 2025, according to latest figures from the Bangko Sentral ng Pilipinas (BSP).
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PhilExport urges MSMEs to turn trade deals into export wins

Trade & Investments 0
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

Agriculture 0
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 

Energy & Mining 0
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

Mobility 0
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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