Tag: US tariff

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Philippines weighs united ASEAN front on US tariff

The Philippines is weighing whether to push for a coordinated regional response to Washington’s newly announced 15 percent global tariff, as trade talks continue and no formal position has been adopted.

Trump sidesteps court, raises global tariff to 15%

Just hours after the US Supreme Court struck down his global tariff regime, President Donald Trump did what markets have come to expect and went bigger.

Retaliatory tariffs hurt U.S. Spirits companies

For spirit producers like Brown-Forman, maker of Jack Daniel's whiskey and other alcoholic beverages, the news felt like a splitting headache after a long night. On Wednesday, shares of Brown-Forman dropped 5% due to the escalating trade tensions between the U.S. and some of its closest allies.

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VinFast launches online car-buying platform in Metro Manila

VinFast Philippines has launched an online-to-offline (O2O) vehicle-buying platform in Metro Manila, allowing customers to handle much of the purchase process digitally while retaining access to physical dealerships, test drives and vehicle delivery services.

SM Prime acquires west coast beachfront properties in Puerto Princesa for major integrated development

Manila-based conglomerate SM Prime Holdings Inc. has secured key beachfront parcels along Puerto Princesa’s west coast, marking a significant expansion into Palawan’s premier real estate and tourism market, according to city Mayor Lucilo Bayron.

DTI, Mastercard team up to boost MSME digitalization 

The Department of Trade and Industry (DTI) has partnered with Mastercard to help Filipino micro, small and medium enterprises (MSMEs) strengthen their digital capabilities, as smaller businesses face growing pressure to adapt to online commerce and electronic payments.

ACMobility wins Philippine Energy Award for EV charging

ACMobility, the Ayala Group’s electric mobility provider, has received the E-Mobility Infrastructure Excellence Award at the Philippine Energy Awards, highlighting the growing role of charging infrastructure in the country’s transition to electric vehicles (EVs).

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