Tag: Philippines

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Philippines, South Korea deepen economic alliance

Philippine President Ferdinand Marcos Jr. and South Korean President Lee Jae-myung on Tuesday pledged to broaden cooperation across trade, infrastructure, defense, nuclear energy and emerging technologies, marking a significant expansion of economic ties between the two Asian countries .

UK-Philippines align pipelines, unlock investments

The Philippines and the United Kingdom are tightening economic ties, aligning policy dialogue with hard project pipelines to turn diplomatic goodwill into concrete deals.

Philippines, Japan forge 11 new loan deals

The Philippines is set to ink 11 new loan agreements with Japan under Japanese fiscal year 2026, totaling JPY371.31 billion, roughly USD2.41 billion, strengthening the decades-long development partnership between the two nations.

Europe deepens Philippine trade amid uncertainty 

Europe is pushing to deepen trade and investment ties with the Philippines as global economic uncertainty reshapes international commerce, according to European and Nordic diplomats.

Philippines returns to global debt market, prices USD2.75B bond

The Philippine government has staged a strong return to the global bond markets, successfully pricing a multi-tranche U.S. dollar offering worth USD2.75 billion—its largest dollar deal in more than three years. 

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PAL posts higher profit in 2025 despite industry challenges

Philippine Airlines (PAL) reported a 6.1 percent increase in net income to US$160.4 million in 2025, despite a difficult year for the global aviation industry.

DA sends trucks to address Benguet vegetable oversupply

The Department of Agriculture (DA) has deployed 18 trucks to transport excess vegetables from Benguet to major markets, including Metro Manila, following reports of oversupply affecting local farmers.

Lopez rift deepens over First Gen deal with Prime Infra

A long-simmering family dispute at Lopez Inc. has erupted into a full-blown governance battle, after shareholders aligned with Eugenio Gabriel “Gabby” Lopez III voted to remove Federico “Piki” Lopez as president and chief executive officer of the privately-held investment holding company, citing a breakdown in trust tied to undisclosed multibillion-peso transactions.

PhilWeb expands into game content distribution

PhilWeb Corp. announced Tuesday that it is entering the game content distribution and aggregation business after securing business-to-business accreditation from Philippine Amusement and Gaming Corp..

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