The Philippines made a bold statement in the global sustainable fashion scene, raking in over USD322,000 in export sales at the Hong Kong Fashion and Home Expo 2026. Led by the Department of Trade and Industry (DTI) and CITEM, the delegation showcased the country’s unique blend of heritage, innovation, and eco-conscious design.
The Philippines and the United Arab Emirates are ramping up economic and technology ties under their newly signed Comprehensive Economic Partnership Agreement (CEPA), with artificial intelligence, critical infrastructure, and cross-border investments emerging as key pillars of cooperation.
The Philippines is moving to deepen cooperation with Israel on critical minerals processing and artificial intelligence (AI), aiming to climb higher in the global technology value chain.
Philippine exports surged to a record USD8.17 billion in March, the highest monthly level since the Philippine Statistics Authority began tracking merchandise trade in 1991. The milestone was powered largely by sustained global demand for electronics, reinforcing the sector’s dominance in the country’s export basket.
Southeast Asian economic ministers are accelerating regional energy cooperation, fast-tracking the ASEAN Power Grid and the ASEAN Petroleum Security Agreement (APSA) to cushion the bloc against mounting fuel and power risks.
EastWest Bank is joining a growing wave of Philippine lenders eliminating digital fund transfer fees, signaling how free online transactions are fast becoming a competitive necessity rather than an added customer benefit.
Senate President Sherwin Gatchalian is pushing a new approach to accelerate electric vehicle (EV) adoption, arguing that convenience and ease of ownership could be just as important as tax incentives in persuading more Filipinos to make the switch.
The local government of San Jose del Monte (SJDM) City in Bulacan formally declared PrimeWater Infrastructure Corp. persona non grata under Resolution No. 2026-07-529 during its July 8, 2026 regular session.
Basic Energy Corporation plans to spend as much as P1 billion in capital outlays for the remainder of 2026, marking a significant jump from the P100–P200 million recorded in 2025, when the firm only carried out pre-development work for its project pipeline. Chief executive officer Oscar de Venecia Jr. confirmed this during a recent event in Taguig City, noting that around P500 million has already been spent so far this year.