Economy
Gov’t can fund initial crisis aid, needs backup
The Philippine government can bankroll its initial response to emerging global shocks using existing funds, but may need congressional support to include a special appropriation if pressures persist, Socioeconomic Planning Secretary Arsenio Balisacan told lawmakers on Monday.
Clark simplifies permits with auto-renewal reform rollout
Clark Development Corp. (CDC) has launched an automatic business permit renewal system for qualified locators, marking a major step in its drive to improve the ease of doing business in the Clark Freeport Zone.
Middle East tensions, El Niño cloud Philippine growth outlook
Rising geopolitical tensions in the Middle East and the looming effects of El Niño are emerging as twin headwinds to Philippine growth, with remittances and inflation pressures forming a potentially volatile mix.
PickUp Coffee brews a cross-Pacific play, establishes network in Mexico
In a country that treats coffee as both ritual and right, Philippine upstart PickUp Coffee is making a surprisingly smooth entrance. Its secret is not a rare bean or barista theatrics. It is speed, price discipline, and an instinct for where the line will form next.
PEZA may adjust targets as investments fall 23% in Q1
Approved investments by the Philippine Economic Zone Authority (PEZA) fell 23 percent in the first quarter to P45.53 billion, down from P58.95 billion a year earlier, as global uncertainties tempered capital commitments.
