Agriculture Secretary Francisco P. Tiu Laurel Jr. led an inspection on Monday of one-and-a-half dozen container vans suspected of being loaded with hundreds of tons of frozen fish, but was declared by importers as processed plant-based commodities. A earlier spot check conducted by the Department of Agriculture's Bureau of Plant Industry and the Bureau of Customs on two of the 19 40-foot container vans revealed boxes of frozen mackerels locally known as tamban, and frozen round scad-locally known as galunggong rather than the frozen fried taro sticks, sweet potato balls, and assorted food products from China, as declared in the shipping manifest.
The financial regulators and market institutions on Friday announced that peso-denominated government bonds will transition to the international bond pricing convention for settlement purposes starting January 4, 2027. All relevant regulations and backend systems are scheduled to be fully operational before the end of 2026.
Philippine merchandise exports could hit a record USD100 billion in 2026, up from about USD84 billion last year, as surging electronics shipments and a possible mineral export recovery offset risks from US tariff policies.
The Philippine Chamber of Commerce and Industry (PCCI) remains cautiously optimistic about business prospects despite rising costs, governance concerns and political controversies, urging the government to restore investor confidence and accelerate reforms.
SMX Convention Center has secured its third consecutive Philippines’ Best Convention & Exhibition Center title at the 35th TTG Travel Awards, as parent company SM Hotels and Conventions Corp. (SMHCC) expands its meetings, incentives, conferences and exhibitions (MICE) facilities beyond established business hubs.