Economy

Philippines free trade push expands global reach

The Philippines is accelerating its free trade strategy, aiming to strengthen competitiveness and unlock new markets for local industries, Trade Secretary Cristina Roque announced at the ASEAN Business Environment Forum in Taguig City.

US medical glove firm eyes Philippine factory

A planned investment by the US Medical Glove Co. (USMGC) in the Philippines could create more than 2,000 jobs, President Ferdinand R. Marcos Jr. announced after meeting company executives in New York City on Monday.

Deadline extended: BCDA woos ICT investors

The Bases Conversion and Development Authority (BCDA) has extended the proposal deadline for its P2.5-billion New Clark City ICT project, aiming to woo more private investors into a public-private joint venture.

ASEAN digital pact poised to boost trade

The ASEAN Digital Economy Framework Agreement (DEFA) is gearing up to transform Southeast Asia’s digital landscape. Targeted for signing in Manila this November on the sidelines of the ASEAN Summit, the pact signals a major leap in regional economic integration.

ASEAN ministers weigh Middle East shock, tariffs

Economic ministers from the Association of Southeast Asian Nations (ASEAN) are set to confront two mounting external risks—escalating Middle East tensions and new US tariffs—when they gather for upcoming talks expected to probe the region’s exposure to global volatility.

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