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Four firms extend price freeze; DTI tightens oversight

Four major manufacturers have extended a voluntary price freeze on basic necessities and prime commodities (BNPCs) beyond the April 16 deadline, the Department of Trade and Industry (DTI) said Monday, reinforcing efforts to cushion consumers from rising production costs.

Philippines backs balanced WTO reform push

The Philippines is pressing for a calibrated overhaul of global trade rules as the 14th WTO Ministerial Conference opened on March 26 in Yaoundé, with Manila advocating reforms that preserve the core principles of the multilateral trading system.

TAFT pours P3.6B into LISP IV expansion 

Singapore-based Total Advanced Future Technology Pte. Ltd. (TAFT) is set to invest P3.6 billion in a new manufacturing facility at the Light Industry and Science Park IV (LISP IV), a move expected to accelerate the Philippines’ push to attract high-value, export-oriented industries.

World Bank $1B financing targets Philippine farm transformation

At least five million Filipino farmers are poised to benefit from a USD1-billion World Bank financing package aimed at accelerating a nationwide shift toward higher productivity, diversification, and climate resilience—an overhaul long seen as critical to stabilizing food supply and rural incomes.

Business confidence jumps in February ahead of Middle East war

Business sentiment in the Philippines improved in February 2026, before the onset of the ongoing war in the Middle East, according to the latest survey.

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