China-based Helioway Precision Hardware (Phils) Corp. is investing more than P200 million in a new precision manufacturing facility in Batangas, marking its formal entry into the Philippines’ export sector after signing a registration agreement with the Philippine Economic Zone Authority.
The Bangko Sentral ng Pilipinas (BSP) has released the first results of its new monthly Business Expectations Survey (BES), giving policymakers a more frequent reading of business sentiment across the country.
Inflation is expected to pick up slightly in February but remain within the government’s target, according to Metropolitan Bank & Trust Company (Metrobank).
The bank...
Philippine apparel exporters are racing against time, scrambling to squeeze shipments into a fleeting 150-day window after the US trimmed newly imposed tariffs from 19 percent to as low as 10 percent, or potentially 15 percent.
Former Albay Congressman and House Ways and Means Committee Chairman Joey Salceda said the Philippines is close to securing an A-level sovereign credit rating, the highest tier of creditworthiness, and potentially within two years under the administration of President Ferdinand Marcos Jr.