Natural Textile Fiber Innovation Hub Laguna marks a significant step in advancing sustainable textiles in the Philippines, as the Department of Science and Technology officially launched the facility to support …
Category:
Economy
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BusinessEconomy
PH to Receive 1.04 Million Barrels of Diesel Next Week as Government Moves to Stabilize Fuel Supply
1.04 million barrels diesel Philippines shipment is set to arrive next week, as authorities move to secure fuel supply and reduce pressure from rising global oil prices affecting local markets. …
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Petron sale to government Philippines discussions intensified after San Miguel Corporation CEO Ramon Ang signaled openness to transfer the oil giant to state control, raising fresh questions about energy security, …
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BusinessEconomy
Russian Oil Shipment Reaches Philippines Amid Supply Strain, Raising Policy and Energy Security Questions
Russian oil shipment Philippines developments have drawn renewed attention after a tanker carrying discounted crude arrived as the country faces tightening supply and elevated fuel prices, highlighting urgent concerns over …
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Fuel excise tax suspension Philippines is now possible after President Ferdinand Marcos Jr. signed a new law granting emergency powers to reduce or halt fuel taxes amid rising global oil …
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Economy
Philippines Budget Deficit Hits Record $26.5 Billion Amid Corruption Probe and Rising Spending
The Philippines budget deficit has reached a record $26.5 billion, drawing attention from economists and policy observers as government spending rises alongside ongoing corruption investigations linked to public infrastructure projects. …
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4 Day Workweek Philippines discussions intensified after Senator Francis “Chiz” Escudero urged private companies to consider the alternative work setup as fuel prices continue to rise. MANILA, Philippines — Francis …
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Renewable energy for businesses is increasingly being adopted in the Philippines as companies turn to solar power to lower electricity costs and reduce operational expenses. Solar energy is increasingly being …
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ASEAN-China FTA agricultural trade has expanded significantly in recent years, but a new SEARCA study shows that its benefits remain uneven across Southeast Asian countries. LOS BAÑOS, Philippines—A new issue …
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PH economy growth 2026 is expected to remain steady, although rising global and domestic risks could challenge the country’s momentum, according to a study by PIDS. The Philippine economy is …
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