Rice tariff stays at 15% as DA cautions vs inflation risks
The Department of Agriculture (DA) is holding off on any rice tariff increases, saying it is not the right time, particularly with the summer harvest nearly concluded. Agriculture Secretary Francisco Tiu Laurel Jr. emphasized that any move to adjust tariffs must be carefully timed and coordinated with other economic managers.
Manulife points to policy tailwinds for PH stocks
Manulife Investment Management is cautiously optimistic of the Philippine equities market, underpinned by stabilizing macroeconomic indicators and signs of a post-election economic rebound. The investment firm points to aligned first-quarter corporate earnings, falling inflation, and anticipated interest rate cuts by the Bangko Sentral ng Pilipinas (BSP) as key market drivers.
AirAsia PH names new chief amid expansion push
AirAsia Aviation Group Limited (AAAGL) has named Captain Suresh Bangah as president and general manager of AirAsia Philippines, marking a pivotal leadership shift as the low-cost carrier prepares for a new phase of sustainable and profitable expansion.
Mixed Fuel Price Adjustments Set for Tuesday: Gasoline Up, Diesel and Kerosene Down
The various fuel retailers are rolling out mixed price adjustments for petroleum products starting Tuesday, with a modest increase in gasoline prices offset by cuts for diesel and kerosene.
Common Station completion targeted for 2027
Transportation Secretary Vince Dizon announced Monday that the long-delayed Unified Grand Central Station—also known as the Common Station—is now slated for completion by 2027. The transport hub, in development since 2009, aims to interconnect LRT-1, MRT-3, MRT-7, and the upcoming Metro Manila Subway.
