Trade & Investments
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).
Panhua starts $1B Philippine steel venture
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.
PH, EU near landmark free trade deal
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.
