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.
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.
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.
The Manila Electric Co. (Meralco) is waiting for the Department of Energy (DOE) to issue certificates of conformity (COCs) for two planned competitive selection processes (CSPs) totaling 800 megawatts (MW) of electricity, a key step required before the bidding can proceed.
Average rates on treasury bills declined at Monday’s auction as demand picked up, following signals from the Bangko Sentral ng Pilipinas (BSP) that interest rates may be cut further amid slowing inflation.