Local oil retailers again implement a big-time adjustment in the sale of petroleum products starting Tuesday after last week’s mixed price adjustments.
Philippine merchandise exports are on track to breach USD100 billion in 2026, buoyed by electronics and semiconductor shipments, although a weakening peso and unpredictable US trade policies threaten to complicate the industry’s growth prospects.
Philippine stocks and the peso face another testing week as investors weigh the third-quarter economic growth figures against stubborn inflation, with both developments likely to reinforce expectations of another interest rate hike before year-end.
For a country where instant noodles are practically a household staple, selling more of them should be a relatively straightforward business. But the recipe for growth is getting more complicated for Monde Nissin Corp.
The Department of Tourism (DOT) is pushing for the return of turboprop flights to Ninoy Aquino International Airport (NAIA) and the waiver of airport fees, arguing that high transportation costs are making domestic travel increasingly expensive and undermining tourism growth.