The Philippines is seeking to fast-track a bilateral free trade agreement with Canada, aiming to clinch a deal even as broader negotiations between Canada and the Association of Southeast Asian Nations move forward. Officials say an early deal could position the country as a strategic bridge linking North American supply chains with Southeast Asia’s expanding trade network.
The Philippines is closely watching a new US trade investigation that could reshape manufacturing supply chains and complicate trade flows across Southeast Asia.
The Philippines is pressing Southeast Asian economies to keep markets open as geopolitical tensions in the Middle East threaten to rattle global supply chains and push up energy costs.
Rising geopolitical tensions in the Middle East may unintentionally accelerate Southeast Asia’s shift toward renewable energy, as governments confront the economic risks of heavy dependence on imported fossil fuels.
Economic ministers from the Association of Southeast Asian Nations (ASEAN) are set to confront two mounting external risks—escalating Middle East tensions and new US tariffs—when they gather for upcoming talks expected to probe the region’s exposure to global volatility.
The Energy Regulatory Commission (ERC) has provisionally approved a higher refund of P19.96 billion for Manila Electric Co. (Meralco) customers, equivalent to P0.1189 per kilowatt-hour (kWh). This is larger than Meralco’s original proposal of P19.1 billion.
The Department of Agriculture (DA), through the Sugar Regulatory Administration (SRA), has begun distributing the first batch of cash assistance to sugarcane farmers under the Presidential Assistance for Farmers and Fisherfolk Program (PAFFP).
DigiPlus Interactive Corp. has integrated its sportsbook brand ArenaPlus sportsbook platform into the Sportradar Integrity Exchange (SIE), a global system that helps detect and prevent match-fixing.
Federal Land NRE Global Inc. (FNG) said demand for its projects remains strong despite economic uncertainties, particularly in its 600-hectare River Park development in Cavite.