Economy

SteelAsia pushes $1.5B, 5-year expansion on domestic demand

SteelAsia is pressing ahead with a USD1.5 billion expansion over the next five years, confident in long-term domestic steel demand despite a slowdown in government construction projects.

Marcos: Challenges unite ASEAN, strengthen regional cooperation 

President Ferdinand Marcos Jr. on Friday emphasized that global crises are opportunities to reinforce cooperation among Southeast Asian nations, as leaders convened for the 48th ASEAN Summit.

Japanese investors stays bullish on Philippine growth, says SMBC

Japanese investors continue to view the Philippines as an attractive destination despite global economic uncertainties and shifting business conditions, according to Sumitomo Mitsui Banking Corporation (SMBC) Manila Branch managing director and country head Hiroyasu Kanda.

PEZA keeps P300B goal as manufacturing stays strong

The Philippine Economic Zone Authority (PEZA) is holding firm on its P300-billion investment target for 2026, highlighting a resilient manufacturing sector, robust exports, and ongoing expansion by investors despite global uncertainties.

ASEAN to address Middle East crisis spillover

ASEAN leaders are expected to issue a unified statement on the Middle East at the 40th ASEAN Summit tomorrow, outlining both a regional position and a framework for addressing future crises, Foreign Affairs Secretary Ma. Theresa Lazaro said.

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