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.
Philip Morris International (PMI) is counting on the Philippines as an important sourcing and manufacturing base as it strengthens supply-chain resilience against weather disruptions, geopolitical risks and other external shocks.
The Federal Aviation Administration (FAA) halted commercial flights nationwide Friday (early Saturday in Manila) after a communications failure crippled all 22 regional air traffic control centers, although it remained unclear whether the disruption was connected to an outage affecting some Microsoft services.
The Philippine economy is beginning to resemble a car running low on fuel while its engine overheats. Growth is sputtering, prices are soaring, jobs are getting harder to find, and agriculture—a major source of food and rural livelihoods—is contracting
Southeast Asia’s small businesses need stronger digital capabilities and better access to regional markets to tap more than 680 million consumers and help ASEAN achieve its ambition of becoming the world’s fourth-largest economy, ASEAN Foundation executive director Dr. Piti Srisangnam said.