Economy

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.

LOTTE Pepsi Cola Products Philippines Inc. is eyeing the Philippines as a potential ASEAN export hub for Korean beverages, signaling a strategic pivot that could expand its manufacturing footprint and deepen bilateral business ties.

Greenhills Shopping Center has long been a Manila retail landmark, a sprawl of bargain electronics, glittering jewelry counters, and maze-like tiangge stalls that draw shoppers hunting for deals. For decades, it has thrived on volume, variety, and word-of-mouth reputation.

Philippine President Ferdinand Marcos Jr. and South Korean President Lee Jae-myung on Tuesday pledged to broaden cooperation across trade, infrastructure, defense, nuclear energy and emerging technologies, marking a significant expansion of economic ties between the two Asian countries .

President Ferdinand Marcos Jr. on Tuesday highlighted South Korea’s unwavering support for Philippine infrastructure, welcoming President Lee Jae-myung to Malacañan Palace in a landmark state visit marking 77 years of diplomatic ties.