Economy
Philippines seals first Latin America free trade deal
The Philippines has concluded negotiations for a Comprehensive Economic Partnership Agreement (CEPA) with Chile, securing its first free trade agreement with a Latin American country as Manila steps up efforts to diversify export markets and strengthen supply chains.
Filipino workers seek better benefits beyond bigger pay
A bigger paycheck is no longer enough to keep many Filipino workers from looking elsewhere.
Manufacturers urge Marcos to cut business costs faster
The Federation of Philippine Industries (FPI) is urging President Ferdinand R. Marcos Jr. to use his upcoming State of the Nation Address (SONA) to accelerate economic reforms, arguing that the country's recent elevation to upper middle-income status should mark the beginning, not the culmination, of its competitiveness drive.
EU presses final push for Philippines trade deal
The European Union is calling for greater flexibility from both sides as negotiations for a free trade agreement (FTA) with the Philippines enter what Brussels describes as the "final stretch," raising expectations that a long-awaited pact could soon unlock new trade and investment opportunities.
Philippines faces US tariff despite forced labor reforms
The Philippines will still face a 12.5 percent tariff on most exports to the US after Washington concluded its latest Section 301 review, finding that Manila had not yet effectively enforced a ban on imports produced through forced labor despite newly adopted reforms.
