The Bank of the Philippine Islands (BPI) reported a net income of ₱16.6 billion for the first quarter as strong revenue growth offset increased operating expenses and provisions for credit losses.
The British Chamber of Commerce of the Philippines said the government’s decision to maintain lower tariffs on pork imports and revisit the Minimum Access Volume (MAV) system could strengthen agricultural trade between the United Kingdom and the Philippines while helping stabilize domestic food prices.
Honda Philippines Inc. (HPI), the country’s top motorcycle maker, has officially begun exporting its popular Click125 model to Cambodia and Laos. The units will be supplied to N.C.X. Co., Ltd., Honda’s authorized manufacturer, distributor, and assembler in both countries.
The Philippines’ freight and logistics industry is poised for sustained growth through 2031, fueled by the rapid expansion of e-commerce, infrastructure investments, and rising demand for faster and more specialized delivery services, according to research firm Mordor Intelligence.