The Department of Trade and Industry (DTI) has expanded safeguard duties on cement imports to include China and Indonesia, tightening protection for local manufacturers amid rising inbound shipments and persistent excess capacity in the domestic industry.
The government has moved to eliminate long-standing confusion over local taxation for investment-registered firms, with a new joint circular expected to streamline compliance, improve policy consistency, and strengthen the Philippines’ appeal to investors.
The Philippines' export sector is proving surprisingly resilient in an increasingly uncertain global economy, posting its 16th straight month of growth and giving trade officials fresh reason to double down on programs aimed at helping local exporters compete abroad.
Chinese bearing manufacturer C&U Group is ramping up its Philippine expansion with a USD132 million investment in its Sto. Tomas, Batangas facility, further cementing the country’s role in the company’s global manufacturing network.
A Chinese automotive engineering company is exploring a partnership to help develop a Philippine electric vehicle (EV) brand, signaling fresh momentum behind Manila’s drive to localize the country’s fast-growing EV industry.
Listed semiconductor company Cirtek Holdings Philippines Corp. swung to a USD2.8 million net loss in the first half of 2026, from a USD1.1 million profit a year earlier, as a one-time write-off tied to the disposal of its Quintel business compounded higher costs and operating expenses.
Ayala Land’s Crescendo estate is poised to benefit from the expansion of the SCTEX Luisita Interchange, as improved connectivity strengthens Tarlac’s position as an emerging growth center in Central Luzon.
Dugenia, Marayan & Associates Co. (DM&A Co.) has appointed John “JJ” Ibarreta as Communications Director, strengthening its leadership team as a digital-first integrated communications agency.
Department of Agriculture (DA) Secretary Francisco Tiu Laurel Jr. recognized the Philippine Sugar Technologists Association (PhilSuTech) as a vital partner in driving science-backed growth, higher incomes, and resilience for the country’s sugarcane industry.