Tag: Federation of Philippine Industries

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Manufacturers urge Marcos to cut business costs faster

The Federation of Philippine Industries (FPI) is urging President Ferdinand R. Marcos Jr. to use his upcoming State of the Nation Address (SONA) to accelerate economic reforms, arguing that the country's recent elevation to upper middle-income status should mark the beginning, not the culmination, of its competitiveness drive.

Factories stay resilient as FPI seeks balanced wage policies

The Federation of Philippine Industries (FPI) said the country's manufacturing sector remains on a recovery path despite the newly approved wage hike in Metro Manila, but warned that sustaining the momentum will require policies that protect both workers and business competitiveness.

Business groups back probe into Sanjia Steel

Leading business organizations have thrown their support behind the government's investigation of Philippine Sanjia Steel Corp., saying the case raises broader questions about regulatory oversight, industrial safety, and national security that could have implications for investor confidence and governance standards.

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Public scoping set for up to ₱300 million broiler breeder farm expansion in Tarlac

A public scoping meeting is scheduled for October 15, 2026 for the ₱250–300 million broiler breeder farm expansion in Barangay Buenavista, led by DENR-EMB and proponent Charoen Pokphand Foods Philippines Corp. (CPFPC).

Phinma sets sights on Vietnam as next stop for regional education expansion

Phinma Corp. is eyeing Vietnam as a key new market to grow its already expanding network of educational institutions across Southeast Asia, company leadership has confirmed.

Mixed fuel adjustments set to hit local pumps 

Filipino households and businesses face another week of divergent fuel price movements, as local retailers prepare to implement mixed adjustments driven by shifting geopolitical signals, seasonal demand, and supply chain disruptions. Jetti Petroleum President Leo Bellas indicated that gasoline prices are projected to rise by ₱1.50 to ₱1.70 per liter, while diesel prices offer brief relief with an expected drop of ₱1.90 to ₱2.10 per liter. The outlook for kerosene remains unspecified for the week following a sharp increase in the previous period.

Gov’t overhauls PERA rules to boost retirement savings and market growth

The Philippine government is rolling out key reforms to expand the Personal Equity and Retirement Account, or PERA, encouraging more Filipinos to save and invest for their future.

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