Economy
Filipino craft finds its Nordstrom moment
Filipino artisan brand LIKHA has officially entered rarefied retail air: Nordstrom.
Cheap wheels, costly consequences loom large
Gray-market vehicles may look like bargains, but the Auto Body Manufacturers Association of the Philippines (ABMAP) says their true price is paid in safety risks, lost jobs, and billions in foregone public revenue.
CAMPI presses gov’t on auto incentives
The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) has urged the government to immediately release long-delayed incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program and to fast-track the rollout of its successor, the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program.
Green lane speeds trillions, powers renewables
The government’s Green Lane program has cleared a massive P6.11 trillion worth of investments to date, with renewable energy (RE) projects dominating the fast-tracked pipeline, according to the One-Stop Action Center for Strategic Investments (OSACSI).
Philippines seal first Middle East FTA
The Philippines is set to clinch its first free trade agreement with a Middle Eastern nation, with the signing of a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates next week, a move expected to widen Manila’s commercial footprint in the Gulf.
