The Philippines has sent nearly one metric ton of fresh durian and mangosteen to Canada, opening a promising new market for the country’s tropical fruits, the Department of Agriculture (DA) confirmed Wednesday.
Prime Infra Foundation and Ahunan Power have partnered with the Department of Education (DepEd) to bring Starlink satellite internet to public schools in Pakil, Laguna, aiming to keep students connected during weather-related disruptions.
The Philippine information technology-business process management (IT-BPM) industry is targeting USD50.5 billion in revenue and 2.14 million jobs by 2028, with plans to expand employment while shifting toward higher-value services.
Finance Secretary Frederick Go has backed removing excise taxes on liquefied petroleum gas (LPG) and kerosene but rejected suspending taxes on gasoline and other fuels, citing an estimated P12 billion monthly revenue loss.
National Security Adviser Eduardo SL Oban Jr. warned Tuesday that substandard steel is a growing national security risk, threatening lives, critical infrastructure and the country’s defense supply chain.
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.