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ICTSI expands boldly in the Middle East despite tensions

International Container Terminal Services Inc. (ICTSI) is pressing ahead with expansion and acquisitions even as geopolitical tensions in the Middle East begin to ripple across global shipping routes and costs.

Foreign currency reserves hit record US$112.7 billion in February

The country’s gross international reserves (GIR) climbed to a record $112.7 billion as of end-February 2026, according to preliminary Bangko Sentral ng Pilipinas data, providing the country with a strong buffer against external economic shocks.

Philippine CEOs temper optimism with risks

Philippine chief executives are entering 2026 with guarded optimism, balancing expectations of growth with persistent cost pressures and an uncertain global outlook, according to the latest CEO survey from Ernst & Young (EY).

Palawan’s P99 fire cover scales protection

As the Philippines marks Fire Prevention Month, the Palawan Group of Companies is betting that protection, like many Filipino household staples, can be sold “tingi.”

PEZA approvals grow as investments dip

Investment approvals from the Philippine Economic Zone Authority (PEZA) rose in volume during the first two months of 2026, signaling sustained investor interest in economic zones even as the overall value of commitments declined year on year.

Just in

DTI warns vs hoarding, profiteering amid crisis

The Department of Trade and Industry (DTI) on Saturday warned retailers against hoarding essential goods and engaging in profiteering, saying such illegal practices will not be tolerated as global tensions threaten to drive up oil prices and logistics costs.

DA rolls out P65M interventions for Albay farmers, fisherfolk

The Department of Agriculture (DA) launched a major regional development initiative on Thursday, with Secretary Francisco P. Tiu Laurel Jr. personally overseeing the distribution of over P65 million in agricultural interventions to local farmers and fisherfolk in this town widely recognized as the “rice granary of Albay.”

Philippines halts poultry importation from Indiana amid bird flu

The Department of Agriculture has imposed a temporary ban on the importation of domestic and wild birds—and their products—from Indiana following confirmed outbreaks of the highly pathogenic H5N1 avian influenza strain.

BSP wins global award for managing foreign currency reserves

The Bangko Sentral ng Pilipinas (BSP) has received the 2026 “Reserve Manager” award from Central Banking, recognizing the Philippine central bank’s improvements in handling the country’s foreign currency reserves.
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