The Philippines is participating in Asia’s artificial intelligence-driven electronics boom, but its presence remains concentrated in fewer product categories than several ASEAN peers, limiting its exposure to the broader wave of semiconductor, networking and data-center investment, according to the ASEAN+3 Macroeconomic Research Office (AMRO).
The Philippines will use its ASEAN chairmanship to push for stronger regional safeguards against energy supply disruptions and faster cross-border power connectivity as Southeast Asian energy ministers meet in Manila this week.
The Philippines is pushing for a coordinated ASEAN approach to illicit tobacco trade, proposing that exporting countries require cigarette shipments to comply with the regulatory and tax requirements of their declared destination markets.
President Ferdinand Marcos Jr. has called on ASEAN governments to move beyond pledges on women’s leadership and embed gender equality in policies, investments and reforms shaping the region’s development through 2045.
The Philippines is shifting its tourism strategy from simply counting arrivals to attracting long-term investments, as it prepares to host ASEAN tourism ministers this week and showcase the country as a regional tourism hub.
The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.
Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.