The Philippines’ external trade in goods rose 10.7 percent year on year to USD18.34 billion in February 2026, driven by solid export growth but a faster expansion in imports that widened the trade deficit.
The Philippines’ agricultural trade deficit narrowed sharply in December, buoyed by a strong rebound in farm exports and a pullback in imports, offering a late-year boost to the country’s external trade position.
The Philippine Economic Zone Authority (PEZA) opened 2026 with solid investment momentum, approving 18 new projects worth P12.86 billion during its first Board meeting of the year.
Higher US tariffs and stubbornly high production costs are tightening the vise on Philippine garment exporters, even as shipments are estimated to have topped USD1 billion in 2025.
Philippine export sales at the 8th China International Import Expo (CIIE) cooled to USD269 million, reflecting softer headline numbers but steady underlying demand from Chinese buyers for Filipino food and agricultural products.
Universal Robina Corporation is aiming for mid-single-digit revenue growth this year despite concerns over global uncertainties, including tensions in the Middle East.
Foreign food and beverage (F&B) investors remain interested in expanding operations in the Philippines despite political uncertainties and global supply concerns, according to Food Industry Asia (FIA).
The Luzon and Visayas power grids remained under red and yellow alerts on Thursday as electricity demand continued to exceed available supply due to power plant outages and extreme heat-driven consumption.