Moody’s Analytics said Filipino consumers should still reel from skyrocketing prices in the first six months this year as demand continues to outpace supply in the domestic market.
The National Economic and Development Authority (NEDA) said the Regional Comprehensive Economic Partnership (RCEP) would further enhance the country’s access to global markets.
The Philippines is looking at various tax reforms including excise tax on single-use plastic bags as part of initiatives to address plastic pollution and mitigate the impact of climate change, according to a Department of Finance (DOF) official.
Agriculture Secretary Francisco P. Tiu Laurel Jr. has backed a proposal to declare a state of calamity to mobilize government resources against the worsening effects of El Niño, saying authorities must act quickly as forecasts point to a potentially severe climate event.
Prime Midstream expects demand for natural gas to remain strong as the Philippines faces growing electricity needs, volatile fuel prices and the challenge of balancing renewable energy growth with reliable power supply.
Japanese Embassy Deputy Chief of Mission Ono Sho attended the 82nd Anniversary of the Leyte Gulf Landings recently at the MacArthur Landing Memorial National Park, framing his presence as a gesture of friendship spanning the political, defense, economic, and diplomatic spheres.
San Miguel Corp. (SMC) has received recognition from the US Department of Agriculture (USDA) for importing nearly USD370 million worth of American agricultural products in 2026, highlighting the Philippines’ importance as a market for US farm exports.