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Philippines expands fruit exports to Middle East with first MD2 pineapple shipment to UAE

The Department of Agriculture (DA) has broadened the country’s agricultural reach in the Gulf region, with 18 metric tons of premium MD2 pineapples arriving in Dubai on June 28. Sourced from farms in Tampakan, South Cotabato, the 1,500-box shipment entered through the Port of Khor Fakkan and is now being distributed across the UAE.

Park Inn trains PDLs for hospitality careers, fresh starts

SM Hotels and Conventions Corp. (SMHCC) is expanding its social impact beyond hotel operations by equipping Persons Deprived of Liberty (PDLs) with hospitality skills that could help them secure jobs and rebuild their lives after release.

BIR puts compliance first in nationwide tax crackdown

The Bureau of Internal Revenue (BIR) stepped up its nationwide tax enforcement campaign on June 30, but stressed that helping taxpayers comply remains its first priority, with business closures reserved as a last resort.

Factory recovery continues but confidence loses steam in June

Philippine manufacturing extended its recovery for a second straight month in June as stronger domestic demand lifted factory output and new orders, although businesses turned more cautious about the months ahead.

AUB charts AI-driven growth with stronger capital

Asia United Bank (AUB) is accelerating its digital transformation with artificial intelligence, expanded capital, and new financial services as it positions itself for sustained growth amid an economic environment expected to be shaped by inflation and currency volatility.

Just in

Coconut trade fair sales surge threefold to P309.6M

Sales generated by coconut micro, small, and medium enterprises (MSMEs) more than tripled to P309.57 million at this year’s COCONUTPhilippines Trade Fair, pointing to stronger demand for higher-value Philippine coconut products.

PHILTOA turns to land travel, ASEAN markets as airfares rise

Philippine tour operators are shifting toward cheaper land-based packages and Southeast Asian markets as high airfares and global uncertainties make long-haul tourism harder to sustain.

Global gold demand hits record US$193-B in 1Q 2026; EastWest delivers expert insight under new partnership

Global gold demand stayed resilient amid market volatility, reflecting strong long-term investor confidence in the metal as a reliable way to preserve wealth. In the first quarter of 2026, total global demand hit 1,231 tons - valued at a record US$193 billion. This strength held even though gold prices dropped 15.4 percent in the second quarter, driven by expectations of higher interest rates.

Moody’s projects inflation to return to target range by 2027-2028 as BSP earns high marks

The Bangko Sentral ng Pilipinas (BSP) has earned fresh praise from sovereign credit giant Moody’s Ratings, which expects local inflation to steadily settle back within the government's two to four percent target range between 2027 and 2028.
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