Tag: Philippines

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Philippines seal first Middle East FTA

The Philippines is set to clinch its first free trade agreement with a Middle Eastern nation, with the signing of a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates next week, a move expected to widen Manila’s commercial footprint in the Gulf.

Taiwan, Philippines to deepen trade ties in 2026

Taiwan is poised to expand its economic footprint and people-to-people links with the Philippines in 2026, building on a year of growing momentum in trade, investment, and community engagement between the two sides.

Philippines climbs global Government AI ranking

The Philippines jumped seven places to 49th in the latest Government AI Readiness Index, cementing its position in the top quantile of 195 countries...

Pinoys floor Singapore, march toward SEA Games gold

The Philippine National Men’s Floorball team passed its first real acid test at the 33rd Southeast Asian Games—and did so with authority—outlasting regional rival Singapore, 6–4, to all but book a ticket to the gold-medal match.

 ADB commits USD500M to Philippines’ Blue Economy

The Asian Development Bank (ADB) has approved a USD500 million policy-based loan to boost the Philippines’ blue economy, marking its first major cross-sector initiative focused on national marine development. 

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Puregold posts 9% profit growth in 2025

Grocery chain Puregold Price Club Inc. reported a nearly 9 percent increase in net income for 2025, reaching P11.3 billion from P10.4 billion the previous year.

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.

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