Trade & Investments
JPEPA at 20 spurs Philippines-Japan trade push
The Philippines’ envoy to Japan expressed hope that President Ferdinand Marcos Jr.’s visit to Tokyo will further strengthen bilateral ties, emphasizing decades of close cooperation between the two nations.
Panhua expands Philippine steel investment plan to $3.5B
The Philippines’ drive to strengthen its domestic manufacturing base gained fresh momentum after Chinese steel giant Panhua Group Co., Ltd. expanded its planned investment in the country to USD3.5 billion, signaling rising foreign investor confidence in the local industrial sector.
British Chamber backs pork import reforms, lower tariffs
The British Chamber of Commerce of the Philippines said the government’s decision to maintain lower tariffs on pork imports and revisit the Minimum Access Volume (MAV) system could strengthen agricultural trade between the United Kingdom and the Philippines while helping stabilize domestic food prices.
PCC flags rice trade data-sharing risks amid cap
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.
Marcos, Takaichi eye stronger Philippine-Japan alliance
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).
