Tag: Lima Technology Center

Exporters in the Philippines are warning of looming business closures as surging fuel costs and persistent supply chain disruptions strain operations, with many firms saying they may last only a few months without urgent government support.

Tanduay Distillers, Inc. helped drive strong earnings for the Lucio Tan Group (LTG) in 2025, as the conglomerate posted its fourth straight year of record profits.

The Bangko Sentral ng Pilipinas (BSP) has approved temporary relief measures to help banks and borrowers cope with rising energy costs and supply issues linked to tensions in the Middle East.

The Philippines faces a markedly weaker growth trajectory after the International Monetary Fund (IMF) cut its 2026 expansion forecast to 4.1 percent, citing intensifying global shocks and a softer domestic backdrop.