Tag: Philippines

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UN sees Philippines racing ahead regionally

The Philippine economy is poised for a faster growth run in the next two years, cementing its place among Southeast Asia’s top performers, according to the United Nations’ World Economic Situation and Prospects 2026 report released January 8.

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.

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PhilExport urges MSMEs to turn trade deals into export wins

The Philippines must do more than sign trade deals—it must help smaller businesses turn them into export sales, Philippine Exporters Confederation Inc. (PhilExport) President Sergio Ortiz-Luis Jr. said.

DA asks Senate to back P198.4-B 2027 budget to protect farmers, secure food

The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.

DOE stands firm on new coal bidding rules to bolster national energy strategy 

The Department of Energy will proceed with its updated bidding rules for brownfield coal resource areas despite opposition from key industry player Semirara Mining and Power Corp. Energy Secretary Sharon Garin affirmed that the revised terms will apply uniformly to all prospective bidders, as the government seeks to prioritize domestic fuel supply over foreign exports.

Vingroup plans $500M EV plant in Philippines, EVIS role unclear

The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.

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