Economy

THE information technology and business process management (IT-BPM) industry said US tariffs may end up having an indirect impact on services, citing the growth slowdown from US President Donald J.…

FINANCIAL MARKETS in the ASEAN+3 economies posted mild reactions to the US tariffs announced in early April, ASEAN+3 Macroeconomic Research Office (AMRO) said. The subsequent 90-day pause on most tariffs,…

THE National Food Authority (NFA) said it built up reserves equivalent to nine days’ consumption — 7.17 million 50-kilogram bags of milled rice, the highest inventory level since the end…

LUGGAGE maker PLG Prime Global Co., a US-Taiwan company, is considering setting up a manufacturing facility in the Philippines, the Philippine Economic Zone Authority (PEZA) said. In a statement on…

THE Department of Agriculture (DA) said on Tuesday that it will invite more hog farms to participate in a direct-sourcing scheme piloted by Food Terminal, Inc. (FTI), which supplies retailers…

NATIONAL ECONOMIC and Development Authority (NEDA) Secretary Arsenio M. Balisacan will seek more funding for the socioeconomic planning body for 2026 after it is made into a department. “For now,…

THE United Nations Food and Agriculture Organization (FAO) nominated 100 sites in the Philippines on Tuesday to receive climate-change mitigation projects. Beneficiaries of the Adapting Philippine Agriculture to Climate Change…

APPROVED building permits declined 2.5% in February, a turnaround from the 4.8% growth posted a year earlier, the Philippine Statistics Authority (PSA) said in a report. Citing preliminary data, the…

THE PHILIPPINES should take advantage of the 90-day pause before the higher US tariffs set in to attract manufacturers relocating from heavily tariffed China, an industrialist said. Concepcion Industrial Corp.…

THE Philippine debt-to-gross domestic product (GDP) ratio will likely settle at 60.2% this year, ASEAN+3 Macroeconomic Research Office (AMRO) said on Monday. In its Fiscal Policy Report, AMRO forecast points…