Monday, 23 June 2025, 3:00 pm

    Tag: Trump

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    Colliers sees US protectionist policy as opportunity for PH companies

    The Trump administration’s decision to impose higher tariffs on imports from China, Canada, and Mexico could inadvertently provide a strategic opportunity for the Philippine business process outsourcing (BPO) industry and the local office market.

    US shares drop as Trump confirms tariff hike

    US shares retreated on Monday after President Donald Trump dashed hopes of a delay—or even a full reversal—of the increased tariff on goods imported from Mexico and Canada. This decision reignited fears of a trade war between the North American neighbors.

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    PAL to receive first Airbus A350-1000 in 4Q as fleet renewal begins

    The Philippine Airlines (PAL) on Monday confirmed that the first Airbus A350-1000 aircraft will arrive in the fourth quarter this year, marking the start of its fleet renewal and long-haul growth strategy for the flag carrier.

    RCBC posts 44% surge in credit card receivables

    Rizal Commercial Banking Corp. (RCBC) has reported one of the fastest-growing credit card portfolios in the country, with receivables soaring 44 percent year-on-year to ₱116.98 billion as of March 2025, based on company data. This significantly outpaced the industry’s 29 percent average growth, according to the Credit Card Association of the Philippines (CCAP).

    Economic council OKs P27.7B rural bridge program

    The Economy and Development (ED) Council, chaired by President Ferdinand R. Marcos Jr., has approved the P27.7-billion Farm-to-Market Bridges Development Program (FMBDP) of the Department of Agriculture that will be financed through official development assistance from the government of France.

    PLDT pilots LEO satellites, expands AI-ready network

    The PLDT Group is significantly increasing its infrastructure investments in support of the government's target to close the country's connectivity gap by 2028, in keeping with the Department of Information and Communications Technology (DICT) under Secretary Ivan John Uy.

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