The Philippines’ external trade in goods rose 10.7 percent year on year to USD18.34 billion in February 2026, driven by solid export growth but a faster expansion in imports that widened the trade deficit.
Business groups are urging lawmakers to strengthen proposed amendments to the Magna Carta for Micro, Small and Medium Enterprises (MSMEs), warning that persistently weak credit access shows decades of policy efforts have fallen short.
The Philippine Pharma Procurement, Inc. (PPPI) and the Bases Conversion and Development Authority (BCDA) have joined forces to position Clark as a regional hub for pharmaceutical manufacturing and life sciences.
The Philippine Exporters Confederation, Inc. (Philexport) on Wednesday urged the government to pair its energy emergency response with targeted support measures, warning that surging fuel costs are squeezing exporters and threatening global competitiveness.
The Philippine Economic Zone Authority (PEZA) has approved an amendment to the supplemental agreement of B/E Aerospace B.V. – Philippine Branch, a move seen to improve efficiency and ensure continuity in the firm’s export-oriented operations.