Economy

IN BRIEF: • Cost-cutting measures must not compromise customer experience (CX) as it is essential for driving growth. • CX is not merely a component of business strategy; it is…

The country’s industrial production growth eased annually in 2024 amid geopolitical tensions that dragged demand, the Philippine Statistics Authority (PSA) reported on Friday. Preliminary data from the PSA’s latest Monthly…

THE Department of Agriculture (DA) said it approved imports of 4,000 metric tons (MT) worth of onions to ensure stable prices with stocks running low. In a statement, Agriculture Secretary…

MEAT IMPORTERS are calling on the Department of Agriculture (DA) to allocate the pork and poultry quotas for the minimum access volume (MAV), which should have been released during the…

THE National Committee on Intellectual Property Rights (NCIPR) seized P40.99 billion worth of counterfeit products in 2024, the Intellectual Property Office of the Philippines (IPOPHL) said. “It is increasing year…

THE PHILIPPINES is working on initiatives like procurement reform to achieve budget transparency, but it will take time to mainstream these initiatives, Budget Secretary Amenah F. Pangandaman said. Ms. Pangandaman,…

THE Department of Energy (DoE) said it will review its target of achieving total electrification by 2028 amid concerns about the availability of funding. “Since the President is approaching the…

NATIONAL ECONOMIC and Development Authority (NEDA) Secretary Arsenio M. Balisacan said anti-trust legislation will be crucial in ensuring food security. “We must complement antitrust tools with strategies to address structural…

A PROGRAM funded by the United Nations is seeking to provide digital tools and training to at least 15,000 small businesses in the Philippines, the United Nations Development Programme (UNDP)…

By Justine Irish D. Tabile, Reporter THE Department of Trade and Industry (DTI) said it is seeing “renewed interest” from the second Trump administration in exploring a bilateral free trade…