New Honda chief shifts gears toward value
Honda Cars Philippines Inc. is changing drivers—but not its destination—as it taps Hidekazu Arai as president starting April 1, steering the company toward a sharper focus on value-led growth.
FAST backs backhaul logistics to curb food prices
Farmers and agricultural stakeholders are being urged to consolidate output and adopt backhaul logistics to help stabilize food prices and cut fuel use amid the ongoing energy crisis, according to FAST Logistics Group.
Philexport pushes stronger reforms on MSME Magna Carta
Business groups are urging lawmakers to strengthen proposed amendments to the Magna Carta for Micro, Small and Medium Enterprises (MSMEs), warning that persistently weak credit access shows decades of policy efforts have fallen short.
Nickel sector seeks incentives, zones for competitiveness
Industry leaders are pressing the government to roll out stronger fiscal incentives and establish dedicated industrial zones to accelerate the Philippines’ shift into value-added nickel processing and close the gap with regional competitors.
Prolonged Middle East conflict threatens Asia growth outlook
The Asian Development Bank (ADB) warned that a prolonged conflict in the Middle East could shave up to 1.3 percentage points off economic growth in developing Asia and the Pacific over 2026–2027, while pushing inflation higher by as much as 3.2 percentage points if energy disruptions persist for more than a year.
