Produce haulers seen saving P152M/month from toll waiver
THE Department of Agriculture (DA) said its free toll program for cargo vehicles hauling farm goods could generate P152 million in savings per month...
Slovenia seeking PHL smart-energy partners
SLOVENIAN COMPANIES are looking for Philippine partnerships in smart energy and smart infrastructure projects, according to the International Center for Promotion of Enterprises (ICPE).
ICPE...
Slovenia sees EU trade agreement spurring bilateral trade with PHL
SLOVENIA is betting on the Philippines’ upcoming free trade agreement (FTA) with the European Union (EU) to boost trade relations between the two countries.
Smiljana...
Industrialists call on gov’t to protect revenue via smuggling crackdown
THE Federation of the Philippine Industries (FPI) said the government needs to take action to protect its revenue and reduce its vulnerability to external...
German businesses expecting ‘more challenging’ conditionsÂ
A MAJORITY of German businesses active in the Philippines expect more challenging economic conditions in the next 12 months as global energy prices and...
Security Bank finances P2.7-B Ilocos solar plantÂ
SECURITY BANK Corp. said it signed a P2.7-billion financing facility to fund construction of Astra Solar Energy Corp.’s 80.6-megawatt (MW) solar plant in Ilocos...
AG&P expected to be locator at proposed Albay economic zone
THE Philippine Economic Zone Authority (PEZA) said Atlantic Gulf & Pacific Co. (AG&P) is considering locating at a proposed economic zone (ecozone) in Albay.
In...
April inflation seen topping 5%, raising odds of BSP rate hike
RISING OIL PRICES and second-round effects could push inflation above 5% this month, increasing the odds of a 25-basis-point (bp) rate hike by the...
Transport association PISTON files for P10 provisional fare increase
TRANSPORT GROUP Pinagkaisang Samahan ng mga Tsuper at Operators Nationwide (PISTON) said it filed a petition with the Land Transportation Franchising and Regulatory Board...
ADB signals readiness to backstop Asia-Pacific economies during crisis
THE Asian Development Bank (ADB) said it is ready to provide support to countries in Asia and the Pacific in the face of global...
US chip firm ON Semiconductor seeking to expand PHL footprint
THE Department of Finance (DoF) said US chipmaker ON Semiconductor Corp. (onsemi) has floated plans to scaling its operations in the Philippines.
In a statement...
New Clark City to host hub for AI-native manufacturing
A HUB for artificial intelligence (AI)-native manufacturing will rise within New Clark City in Tarlac to support the transition to high-value industries, the Bases...