The Philippine Competition Commission has warned rice importers against sharing sensitive trade information as it monitors compliance with the government’s temporary rice price cap, stressing that businesses must make independent market decisions to preserve fair competition.
Defense, maritime security, energy resilience, and economic cooperation will take center stage as President Ferdinand R. Marcos Jr. meets Japanese Prime Minister Sanae Takaichi during a high-level summit in Japan this week, according to the Department of Foreign Affairs (DFA).
Chinese steel giant Panhua Group is set to launch the first phase of its $1-billion integrated steel manufacturing project in the Philippines next month, marking one of the country’s biggest foreign industrial investments in recent years.
The Philippines and the European Union are closing in on a free trade agreement (FTA), moving in step with the target set by Trade Secretary Cristina Roque to wrap up negotiations by June or July this year.
The Philippine Exporters Confederation, Inc. (PHILEXPORT) is stepping up support for exporters and micro, small, and medium enterprises (MSMEs) by endorsing qualified members for government-backed loan facilities.