Tag: ASEAN

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Philippines pushes ASEAN climate finance, resilience agenda 

The Philippines is pushing for stronger ASEAN cooperation on climate finance, technology, and resilience, as it seeks to make climate change a bigger part of the region’s economic and security agenda during its chairmanship this year.

ASEAN urged to tighten tobacco export controls 

The Association of Southeast Asian Nations (ASEAN) should tighten export controls and harmonize requirements for tobacco products to curb illicit trade that is costing governments billions in lost revenues, JTI Philippines (JTIP) said.

ASEAN data breach costs hit record $4.12M 

Organizations across ASEAN faced an average USD4.12 million cost per data breach in 2026, the highest level recorded, as cyberattacks become more sophisticated and...

Philippines champions digital inclusion for ASEAN’s smallest businesses 

The Philippines is pushing for a more inclusive digital economy across Southeast Asia, arguing that the region's digital transformation will fall short unless it creates tangible opportunities for the millions of micro, small and medium enterprises (MSMEs) that form the backbone of ASEAN economies.

ASEAN warns Middle East conflict threatens regional business stability

ASEAN foreign ministers have warned that escalating tensions in the Middle East could disrupt trade, push up energy costs and strain regional supply chains, raising fresh concerns for businesses already navigating an uncertain global economy.

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Mitsubishi Motors PH ranks among Batangas port’s top importers

Mitsubishi Motors Philippines Corp. contributed P9.05 billion to customs collections at the Port of Batangas in the first seven months of 2026, ranking among the port’s top three importers and accounting for more than 6.3 percent of its total collections.

UNIQLO expands Philippine footprint with bigger stores

UNIQLO is expanding its Philippine retail network with three new stores and three larger locations for Fall/Winter 2026, extending its reach into Mindanao, major transport hubs, and fast-growing residential markets.

DOT faces P6B tourism infrastructure gap

The Department of Tourism is facing a P6.02-billion funding gap for 28 infrastructure projects after the Department of Public Works and Highways shifted responsibility for financing new and continuing tourism projects to the DOT, but the proposed funding was not included in the 2027 national budget.

₱5.52-T Green Lane pipeline stuck in pre-development

Green Lane investments worth a total P5.52 trillion remain stuck in pre-development, exposing the gap between faster government approvals and actual project execution, while 10 renewable energy projects worth P137.47 billion have already been dropped after their service contracts were surrendered.

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