Tag: US tariffs

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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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DTI warns vs hoarding, profiteering amid crisis

The Department of Trade and Industry (DTI) on Saturday warned retailers against hoarding essential goods and engaging in profiteering, saying such illegal practices will not be tolerated as global tensions threaten to drive up oil prices and logistics costs.

DA rolls out P65M interventions for Albay farmers, fisherfolk

The Department of Agriculture (DA) launched a major regional development initiative on Thursday, with Secretary Francisco P. Tiu Laurel Jr. personally overseeing the distribution of over P65 million in agricultural interventions to local farmers and fisherfolk in this town widely recognized as the “rice granary of Albay.”

Philippines halts poultry importation from Indiana amid bird flu

The Department of Agriculture has imposed a temporary ban on the importation of domestic and wild birds—and their products—from Indiana following confirmed outbreaks of the highly pathogenic H5N1 avian influenza strain.

BSP wins global award for managing foreign currency reserves

The Bangko Sentral ng Pilipinas (BSP) has received the 2026 “Reserve Manager” award from Central Banking, recognizing the Philippine central bank’s improvements in handling the country’s foreign currency reserves.

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