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Exporters warn US tariffs threaten Philippine competitiveness

Philippine exporters are warning that the US decision to impose an additional 12.5 percent tariff on most Philippine exports could weaken the country's competitiveness in its largest export market, putting pressure on manufacturers and micro, small, and medium enterprises (MSMEs) already navigating a volatile global trade environment.

SRA reforms strengthen industry amid climate and market challenges

Since President Ferdinand Marcos Jr. assumed office in June 2022, the Sugar Regulatory Administration (SRA) has implemented wide-ranging reforms that have stabilized sugar supply, tempered price fluctuations, and strengthened support for thousands of sugarcane farmers even amid weather disruptions and shifting global market conditions. The agency’s approach combines stricter market oversight, carefully calibrated import volumes, and investments in farm modernization to ensure adequate supplies for consumers while shielding producers from steep drops in farmgate prices.

Philippines seals first Latin America free trade deal

The Philippines has concluded negotiations for a Comprehensive Economic Partnership Agreement (CEPA) with Chile, securing its first free trade agreement with a Latin American country as Manila steps up efforts to diversify export markets and strengthen supply chains.

BSP names new assistant governor for financial markets

The Bangko Sentral ng Pilipinas has named Dino R. Gasmen as the new Assistant Governor for the Financial Markets sector, with his formal appointment set to take effect on January 18, 2027.

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