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The Philippines and the European Union are closing in on a free trade agreement (FTA), moving in step with the target set by Trade Secretary Cristina Roque to wrap up negotiations by June or July this year.

DHL Express is ramping up its push into heavyweight air cargo with the worldwide rollout of Heavy Weight Express (HWX), a new premium service aimed at businesses needing faster and more dependable delivery for large shipments.

Local fuel prices are poised to increase once more, with gasoline expected to go up by P0.80 to P1.00 per liter and diesel by P0.40 to P0.60 per liter this week, according to an anonymous local fuel retailer. The projection is based on five-day average global trading rates, full-week Platts Singapore price benchmarks, peso-dollar exchange shifts, and changes in cargo premiums.

Cebu Pacific (CEB) has taken delivery of a new Airbus A320neo in Manila, the second of four such planes expected this year and part of a total seven NEO aircraft slated to join its fleet in 2026.

RL Commercial REIT Inc. (RCR), the Gokongwei group’s real estate investment trust, is still open to acquiring properties from outside parties—though deals will depend on price, asset quality, management standards, and tenant mix, according to president and CEO Jericho P. Go.