Economy
New cranes supercharge Gdynia’s Baltic trade ambitions
The Port of Gdynia is strengthening its position as a major Baltic logistics gateway with the arrival of two new quay cranes at the Baltic Container Terminal (BCT), a key upgrade expected to boost cargo-handling capacity, improve efficiency, and accommodate larger vessels.
Philippines, Vietnam ink 19 deals to deepen ties
The Philippines and Vietnam signed 19 agreements spanning defense, trade, tourism, technology, education, and energy on Monday, translating their newly elevated Enhanced Strategic Partnership into a broad slate of government and business initiatives.
New tax rules aim to end investor uncertainty
The government has moved to eliminate long-standing confusion over local taxation for investment-registered firms, with a new joint circular expected to streamline compliance, improve policy consistency, and strengthen the Philippines’ appeal to investors.
Philippines, Vietnam set sights on expanding trade
The Philippines and Vietnam are aiming to push bilateral trade beyond USD10 billion as the two Southeast Asian economies deepen economic and security ties under a planned Enhanced Strategic Partnership.
US State Secretary backs Luzon Corridor in Marcos call
US Secretary of State Marco Rubio reaffirmed Washington’s support for the Luzon Economic Corridor during a telephone conversation with Ferdinand R. Marcos Jr. on May 31, underscoring the growing economic and strategic partnership between Manila and Washington.
