The Philippines is pressing for a calibrated overhaul of global trade rules as the 14th WTO Ministerial Conference opened on March 26 in Yaoundé, with Manila advocating reforms that preserve the core principles of the multilateral trading system.
The World Trade Organization (WTO) has urged the Philippines to sharpen its focus on digitally delivered services and climate resilience as twin engines for growth, competitiveness, and job creation, as global trade dynamics continue to shift rapidly.
The Supreme Court has declared unconstitutional key provisions of the 2024, 2025 and 2026 national budgets, ruling that congressional increases beyond the President’s recommended appropriations violated constitutional limits and weakened safeguards over public spending.
The VinFast VF 3 emerged as the Philippines’ best-selling battery electric vehicle (BEV) model in the first eight months of 2026, recording 2,906 units sold from January to August, according to data from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) cited by the company.
Philippine automotive sales rebounded 21 percent in September as dealerships recovered from weather-related disruptions, but the monthly surge has yet to reverse the industry’s double-digit decline for the first nine months of 2026.
The Department of Trade and Industry (DTI) is proposing mandatory safety certification for electric bicycles, scooters and other light electric vehicles (LEVs), a move that could drive up compliance costs for businesses while tightening safeguards against electrical and battery-related hazards.