Economy
PEZA woos Polish firms for maritime investments
The Philippine Economic Zone Authority (PEZA) is ramping up its European investment drive, courting Polish firms eyeing opportunities in maritime and industrial sectors within its economic zones.
Philippines weighs looser fuel rules
Facing volatile oil prices and rising energy security risks, the Philippine government is considering a temporary loosening of fuel standards to widen supply sources and ease costs.
Maharlika Fund eyes Iligan steel revival
The Philippine government is weighing the use of the Maharlika Investment Corporation to jump-start the redevelopment of the long-idle former National Steel Corporation (NSC) site in Iligan City, a 500-hectare property seen as a potential anchor for a new industrial and investment hub.
Manufacturers hold prices amid Middle East tension
Manufacturers of basic goods have pledged to keep prices steady for at least 30 days, cushioning consumers from global volatility fueled by ongoing Middle East tensions.
Gov’t to buy 2M barrels of oil to boost national supply
The Philippine government is set to purchase 2 million barrels of oil to strengthen the country’s fuel buffer stock, Department of Finance Secretary Frederick Go announced Tuesday.
