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Manila dropped out of Startup Genome's Top 100 Emerging Startup Ecosystems entirely in the 2026 Global Startup Ecosystem Report after ranking in the 61-70 bracket just last year.
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The Marcos government sees the pause in rice importation as a way to protect the livelihoods of farmers
Philippine President Ferdinand "Bongbong" Marcos, Jr. earlier this week ordered his government to temporarily suspend the importation of rice for 60 days starting Sept. 1, 2025, in a move seen to protect the livelihoods of the country's farmers. the question is ...
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Economists say the government still needs to boost food production to guard against global price shocks
Inflation in the country, or the rate at which the prices of goods and services go up, rose to its slowest since 2019 in July at 0.9 percent as global rice prices went down that period. Will this make it easier ...
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In its State of Online Taxation 2025 report, Taxumo says that the Filipino digital workforce that is around 1.5 million earners had contributed to about 8.5 percent of the country’s gross domestic product last year.
Manila's burgeoning digital workforce made up of online sellers, micro-business owners, and other freelancers are quietly becoming massive contributors to the economy, according to a study conducted by the online tax compliance platform Taxumo.In its State of Online Taxation ...
US President Trump has agreed to 19 percent tariff rate on Philippine goods from the previous 20 percent.
Philippine President Ferdinand "Bongbong" Marcos, Jr. wrapped up his meeting at the White House with US President Donald Trump, which has resulted in a 19-percent tariff rate on Manila's exports from the previous 20 percent. This comes a week before ...
DFA Secretary Theresa Lazaro says the country has sent negotiators to the US to tackle the new duty rates on Philippine exports.
Almost immediately after United States President Donald Trump announced the bombshell of a new round of tariffs on its trading partners, including the Philippines, the Department of Foreign Affairs said President Ferdinand "Bongbong" Marcos, Jr. is set to discuss the slightly higher ...
Economists have urged the Philippine government to build local industries to make the country less vulnerable to policy shifts.
US President Donald J. Trump has imposed a 20 percent tariff on Philippine exports, hiking the initial 17 percent on Manila's goods included in his initial halted reciprocal tariff scheme last April. What will this mean for local products and which ...
The Philippines earlier signed a trade pact with South Korea that would remove 5 percent import duties on South Korean cars.
The Philippine government is keen on doubling its efforts to craft more free trade agreements with other countries and to seek lower trade duties, which it sees as crucial to developing the country's own automotive industry.Philippine Economic Zone Authority (PEZA) ...
The Philippine central bank said lowering policy rates supports economic growth.
The Bangko Sentral ng Pilipinas (BSP) has lowered policy rates for the second consecutive time during its meeting last week as the government tries to bolster the economy amid external global threats and as inflation continues to ease.Lowering policy rates is ...
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Employers' groups are opposing the recently House-approved P200 minimum wage hike, claiming smaller businesses won't be able to pay workers.
Philippine private sector and employers groups on Thursday (June 5) raised the alarm over the congressmen approving a P200 across-the-board minimum wage hike for workers in the sector, as they cited inflationary risks and its impact on small businesses.The ...
The Philippines under Marcos is negotiating for lower tariffs under Trump
The Marcos government on Monday expressed optimism about its planned negotiations with the administration of US President Donald Trump on his imposition of 17 percent reciprocal tariffs on Philippine commodities, with the state seeking an ideal zero rate on Manila's goods. ...
Have you seen the viral TikTok exposés revealing the hidden truths about luxury brand manufacturing? Here is how it all started.
It was in early 2025 when U.S. President Donald Trump refueled trade tensions between China and the U.S. by imposing a hefty tariff on all Chinese imports, citing fentanyl trafficking and intellectual property violations as the major reasons for the ...
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BDO had the highest income at P39.4 billion from January to June.
A number of major banks in the Philippines saw improvements in their financial performances in the first half of the year. These are driven by the stronger reception of their core businesses and services, including consumer loans.Leading the charge is BDO ...
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