The trade deficit narrowed significantly in April, reflecting a rare convergence of rising exports and declining imports. The foreign trade gap declined to USD3.5 billion, down from a revised USD4.5 billion in March, according to data released Friday by the Philippine Statistics Authority (PSA).
First Philippine Holdings Corp. (FPH), the Lopez Group’s pioneering energy and infrastructure company, has elected respected economist and former National Economic and Development Authority (NEDA) Director-General Dr. Cielito Habito as an independent director, signaling the group’s intent to further deepen its strategic governance amid the evolving business and policy landscape.
