The Philippine government is exploring short-term logistics relief measures to prevent a surge in the prices of basic goods as global fuel costs ripple through supply chains.
The Philippines is accelerating its free trade strategy, aiming to strengthen competitiveness and unlock new markets for local industries, Trade Secretary Cristina Roque announced at the ASEAN Business Environment Forum in Taguig City.
As chair of the Association of Southeast Asian Nations (ASEAN), the Philippines is positioning itself to push for a more competitive and investor-friendly regional business environment, with a new forum aimed at translating policy dialogue into concrete reforms.
The Department of Trade and Industry (DTI) is providing a boost to returning migrant workers with the launch of its P2-billion OFW Negosyo Fund, a program aimed at turning remittances into thriving local enterprises.
The Department of Trade and Industry is urging manufacturers of basic necessities and prime commodities (BNPCs) to hold the line on prices as global fuel costs continue to climb, signaling a cautious but proactive stance against inflationary pressure.
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.