Tag: Riccardo Puliti

Economic growth across developing Asia and the Pacific will ease to 5 percent this year from 5.5 percent in 2025, then edge up to 5.1 percent in 2027, the Asian Development Bank (ADB) reported Wednesday. The 2026 forecast is a slight upgrade — 0.1 percentage points higher than the bank’s July outlook.

The Philippines’ breakthrough in free trade negotiations with the European Union could trigger fresh factory investments, technology transfers and export growth, business groups said, but warned that local firms must prepare for tougher competition and demanding EU standards.

The Philippines is pushing to wrap up trade negotiations with Canada and Japan by November, building on the substantial conclusion of its free trade agreement (FTA) talks with the European Union as Manila moves to widen market access amid global trade uncertainty.

ASEAN economic ministers have put 19 Philippine-led priorities on track for completion this year, advancing a regional digital trade pact, a semiconductor roadmap and new trade and investment initiatives ahead of the bloc’s November summit.