Economy
Shera intensifies Philippine expansion drive
Thai fiber cement maker Sherpa Public Company Limited is gearing up for a second expansion phase in the Philippines, signaling deeper confidence in the country’s construction and housing boom.
Tariff Commission nixes final safeguard on recycled imports
The Tariff Commission (TC) has recommended against imposing a definitive general safeguard duty on imports of recycled corrugating medium, concluding that statutory thresholds under Philippine trade law were not fully satisfied after a months-long investigation.
Philippines tops ASEAN tourism GDP, jobs race
The Philippines has emerged as ASEAN’s top tourism economy, leading the region in tourism’s contribution to gross domestic product and ranking among the strongest job creators, according to the 2025 World Travel and Tourism Council (WTTC) Economic Impact Report.
UK–Philippines trade ties deepen via JETCO
UK–Philippines trade prospects remain upbeat as the Joint Economic and Trade Committee enters its second year as a formal government forum, signaling deeper economic alignment between the two countries, a British official said.
Business groups push transparency to revive growth
Business groups are calling for tougher governance, faster digital reforms, and sustained infrastructure spending as the Philippines looks to reboot growth in 2026 after the economy slowed to 3 percent in the fourth quarter of 2025.
