Economy
Trade reform keep growth momentum firmly on course
The Philippines is edging closer to upper-middle-income status, with years of trade and investment reforms continuing to pay economic dividends. The World Trade Organization...
Monde M.Y. San to invest P5B in new factory
Monde M.Y. San Corp. is investing more than P5 billion in a new manufacturing facility inside a Philippine Economic Zone Authority (PEZA) ecozone, reinforcing confidence in the country's manufacturing sector despite a challenging global business environment.
Infrastructure projects seen boosting H2 growth
The Marcos administration expects a pickup in infrastructure spending to provide fresh momentum for the economy in the second half of the year as public works projects delayed by government reviews gradually resume.
Overstaying cargo seen as root of port congestion
The country's persistent port congestion stems less from empty containers than from thousands of overstaying laden boxes occupying valuable terminal space, according to the Association of International Shipping Lines (AISL), which is urging faster action from the Bureau of Customs (BOC).
PCCI warns NAIA cargo delays threaten electronics competitiveness
The Philippine Chamber of Commerce and Industry (PCCI) has sounded the alarm over worsening cargo congestion at Ninoy Aquino International Airport (NAIA), warning that prolonged delays could undermine the competitiveness of the country’s largest export industry.
