Economy

Taiwan firms eye Philippine expansion, EV bus plant

Taiwanese manufacturers of electric vehicle (EV) buses are exploring plans to establish a production facility in the Philippines, with a potential capital outlay of about USD25 million, the Philippine Economic Zone Authority (PEZA) said.

Fuel, rice, power cost push inflation higher in March forecast

The Bangko Sentral ng Pilipinas (BSP) expects inflation to pick up in March 2026, forecasting it to settle between 3.1 percent and 3.9 percent, a notable increase from the 2.4 percent recorded in February.

Clark Motorsports Hotel spurs experiential tourism investment 

A planned P1.5-billion boutique hotel inside the Clark International Speedway is set to anchor a new wave of investments in the Philippines’ fast-growing experiential tourism segment, combining hospitality with motorsports-driven attractions.

Philippine seasonal crafts post gains at  Ambiente

Philippine seasonal crafts exporters booked stronger sales at Ambiente 2026 in Frankfurt, signaling resilience and rising demand in Europe’s sustainable-luxury segment despite mounting global trade pressures.

Four firms extend price freeze; DTI tightens oversight

Four major manufacturers have extended a voluntary price freeze on basic necessities and prime commodities (BNPCs) beyond the April 16 deadline, the Department of Trade and Industry (DTI) said Monday, reinforcing efforts to cushion consumers from rising production costs.

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