The decision of President Donald Trump to set new global tariffs has forced economists to revise their economic forecasts, with many predicting slower growth and rising inflation.
U.S. President Donald Trump imposed a 25 percent tariff on imported vehicles on Wednesday night, fueling inflation concerns that weighed on financial markets.
After market...
The aggressive trade strategy of President Donald Trump took a dramatic turn on Tuesday as he imposed a new 25 percent tariff on imports from Mexico and Canada, igniting a trade war with two of the United States' closest allies.
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 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.
Mitsubishi Motors Philippines Corp. contributed P9.05 billion to customs collections at the Port of Batangas in the first seven months of 2026, ranking among the port’s top three importers and accounting for more than 6.3 percent of its total collections.
UNIQLO is expanding its Philippine retail network with three new stores and three larger locations for Fall/Winter 2026, extending its reach into Mindanao, major transport hubs, and fast-growing residential markets.
The Department of Tourism is facing a P6.02-billion funding gap for 28 infrastructure projects after the Department of Public Works and Highways shifted responsibility for financing new and continuing tourism projects to the DOT, but the proposed funding was not included in the 2027 national budget.
Green Lane investments worth a total P5.52 trillion remain stuck in pre-development, exposing the gap between faster government approvals and actual project execution, while 10 renewable energy projects worth P137.47 billion have already been dropped after their service contracts were surrendered.