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Philippines may negotiate US tariffs down to 10% — BMI

Philippines may negotiate US tariffs down to 10% — BMI

By Luisa Maria Jacinta C. Jocson, Senior Reporter THE PHILIPPINES has room to negotiate with the US to bring down its reciprocal tariff to as low as 10% using defense concessions as a key bargaining chip, according to Fitch Solutions’ research...

‘Economy expanded in Q2’

‘Economy expanded in Q2’

MANILA, Philippines — Finance Secretary Ralph Recto expressed optimism that the Philippine economy performed better in the second quarter compared to the first, but said full-year growth may still settle below six percent. Recto told reporters...

Integrating livelihood, cooperatives and entrepreneurship programs at local levels

Integrating livelihood, cooperatives and entrepreneurship programs at local levels

ACROSS many local government units (LGUs), there are three distinct yet overlapping programs in place: livelihood programs, cooperatives development programs, and entrepreneurship programs. Each of these was undoubtedly formed with good...

The NextGen Advantage: UnionBank Institutional Banking empowering enterprises in the Philippines

The NextGen Advantage: UnionBank Institutional Banking empowering enterprises in the Philippines

As the business landscape continues to evolve at a rapid pace, organizations are no longer expected to simply keep up — they are called to lead. The future belongs to those who take control of change rather than simply respond to it. UnionBank...

Top concerns of Filipinos still inflation, pay hike

Top concerns of Filipinos still inflation, pay hike

Controlling inflation and raising the pay of workers remain the top national concerns for Filipinos, according to the latest Pulse Asia “Ulat ng Bayan” survey released on Thursday. The results of the survey conducted from June 26 to June 30 showed...

DENR: Before you blame Manila dolomite beach for flood . . .

DENR: Before you blame Manila dolomite beach for flood . . .

The Department of Environment and Natural Resources (DENR) is seeking a “science-based” approach to solving Metro Manila’s flooding problems, following a claim by the Metropolitan Manila Development Authority (MMDA) that the Manila Baywalk...

DigiPlus shares drop amid growing calls for online gambling ban in the Philippines

DigiPlus shares drop amid growing calls for online gambling ban in the Philippines

DigiPlus Interactive Corp., operator of popular platforms like BingoPlus and ArenaPlus, suffered a sharp 20.4 percent drop in share price on Wednesday, falling to PHP27.90 ($0.49) amid growing political pressure to ban online gambling in the...

PHL financial system’s resources up as of May

PHL financial system’s resources up as of May

THE total resources of the Philippine financial system rose by 6.2% as of May, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. The combined resources of banks and nonbank financial institutions grew to P34.1 trillion as of May...

Taiheiyo Cement Philippines to open Batangas terminal in 2026

Taiheiyo Cement Philippines to open Batangas terminal in 2026

Philippines: Taiheiyo Cement Philippines (TCPI) has said it is on track to open its US$64.9m cement terminal in Calaca, Batangas by early 2026. The facility will produce 0.7Mt/yr of blended cement, increasing the company’s total capacity to...

UK firms looking to hire Filipinos for shared services

UK firms looking to hire Filipinos for shared services

BUSINESSES in the United Kingdom are considering hiring Filipinos for shared services in finance, operations, logistics and human resources, British Chamber of Commerce Philippines (BCCP) Chairman Sarah McLeod told The Manila Times on Thursday....

Turismo Asenso offers loans to Filipino tourism MSMEs

Turismo Asenso offers loans to Filipino tourism MSMEs

Tourism-related micro, small, and medium enterprises (MSMEs) in the Philippines may now avail of loans of up to PHP20 million through the Turismo Asenso multipurpose loan programme. Per the official announcement by the Philippine Department of...

8 Philippines sailors from Houthi-hit vessel back home

8 Philippines sailors from Houthi-hit vessel back home

MANILA, Philippines — Eight Filipino crew of the Greek carrier Eternity C, which was attacked by Houthi rebels in the Red Sea earlier this month, have returned to the Philippines, the Department of Migrant Workers said. The DMW said the seafarers...

Philippines Officials Say Illegal Offshore Gambling Operators Are Moving to Pakistan

Philippines Officials Say Illegal Offshore Gambling Operators Are Moving to Pakistan

Written by Tim Alper Tim Alper Tim is a journalist, author, and columnist with two decades of experience writing for outlets like the BBC, the Guardian, and Chosun Ilbo. He is an expert on regulation, business, and industry and is fluent... Read...

US missile destroyer joins Philippines maritime drills

US missile destroyer joins Philippines maritime drills

MANILA, Philippines — The USS Curtis Wilbur, an Arleigh Burke-class Aegis guided missile destroyer of the United States Navy, joined the Philippine Navy’s newest warship and two Philippine Coast Guard (PCG) vessels in another bilateral maritime...

PAGCOR donates five medical vehicles to the Philippine military

PAGCOR donates five medical vehicles to the Philippine military

The Philippine Amusement and Gaming Corporation has continued its support of President Marcos’ drive to distribute patient transport vehicles (PTVs) to every part of the country. By Rory Calland Key points: - PAGCOR donates a further five patient...

The Ultimate Filipino Crawl

The Ultimate Filipino Crawl

With ingredients like sweet-savory longanisa sausage, nutty pandan, and earthy ube, Filipino food has firmly taken hold in Chicago over the past decade. Among the many openings featuring the archipelagic country’s cuisine are a trio of spots in...

World’s first Qi2.2 power bank by Ugreen to arrive in Q3 2025

World’s first Qi2.2 power bank by Ugreen to arrive in Q3 2025

The era of faster Qi2.2 wireless charging is approaching, with Ugreen unveiling its latest magnetic power bank: the MagFlow Magnetic Power Bank. It is the world’s first Qi2.2-certified power bank, delivering up to 25W of wireless charging speed....

DP World and Asian Terminals Inc deploy first fleet of electric internal transfer vehicles in the Philippines

DP World and its strategic partner, Asian Terminals Inc. (ATI) has unveiled a brand-new fleet of 15 electric internal transfer vehicles (eITVs) along with corresponding rapid-charging infrastructure at the Philippines’ premier trade gateway, the...

Despite deals, US tariffs pose a challenge to export-oriented Asian economies

Despite deals, US tariffs pose a challenge to export-oriented Asian economies

A container is loaded onto a cargo ship while docked at a port under the Port Authority of Thailand, following the announcement that US President Donald Trump would impose tariffs of 36% on goods from Thailand starting on August 1, in Bangkok,...

Cushman & Wakefield: China Leads REIT Market Expansion in Asia while India’s REIT Market Demonstrates Robust Growth

Chinese mainland REIT market joined the top three largest REIT markets in Asia for the first time with an 85% increase in market value in 2024 India's office REIT market attracted considerable leasing demand from global capability centres Data...

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