Top News
Trade gap narrows as PH exports to US surge
The trade deficit narrowed significantly in April, reflecting a rare convergence of rising exports and declining imports. The foreign trade gap declined to USD3.5 billion, down from a revised USD4.5 billion in March, according to data released Friday by the Philippine Statistics Authority (PSA).
US appeals court temporarily reinstates Trump tariffs
A U.S. federal appeals court on Thursday temporarily reinstated President Donald Trump’s sweeping “reciprocal” tariffs, granting a stay on a lower court ruling that had declared the duties illegal and ordered their removal within 10 days.
US trade court halts Trump’s sweeping tariff reforms
A U.S. federal trade court has struck down most of President Donald Trump’s sweeping “Liberation Day” tariffs, dealing a significant legal and political blow to one of his signature economic policies.
Gov’t pushes airport privatization with greater vigor
The Department of Transportation (DOTr) is advancing plans to privatize at least six airports across the country, primarily to improve public service delivery rather than raise government revenue, according to Transportation Secretary Vince Dizon.
PH bats for MSMEs, food security at ASEAN Summit
The Philippines underscored its push for micro, small, and medium enterprise (MSME) development and food security at the 46th ASEAN Summit, with ASEAN Business Advisory Council (ASEAN BAC) Philippines chairman Joey Concepcion calling for stronger regional cooperation in agriculture and entrepreneurship.
