Economy

The Philippine government’s openness to studying a four-day workweek for public offices is drawing cautious support from industry leaders, who say the idea warrants careful, evidence-based evaluation rather than a one-size-fits-all rollout.

HD Hyundai Heavy Industries is expanding in the Philippines, executing nearly USD2 billion in maritime projects while expanding its industrial footprint in Subic, a top executive announced at the Philippines–Korea Business Forum.

Philippine and South Korea companies sealed seven major deals on Wednesday, signaling a big leap in bilateral economic cooperation.

Asian Terminals, Inc. (ATI) is set to voluntarily delist from the Philippine Stock Exchange (PSE) after the Maharlika Investment Corporation’s (MIC) tender offer reached the required threshold.

The Department of Trade and Industry is urging manufacturers of basic necessities and prime commodities (BNPCs) to hold the line on prices as global fuel costs continue to climb, signaling a cautious but proactive stance against inflationary pressure.