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DTI open to discuss steelmakers' plea to ban induction furnaces

Manila, April 9 -- The Department of Trade and Industry (DTI) has expressed openness to discussing a proposal from the steelmakers' group to ban the use of induction furnaces in local steel production... Read More


DTI chief: No retaliation over new US tariff on PH goods

Manila, April 9 -- Trade Secretary Ma. Cristina Roque said the Philippines would not retaliate against the recently imposed 17-percent tariff on certain Philippine goods entering the US market as part... Read More


Gov't measures vs. inflationary pressures effective - NEDA

Manila, April 4 -- Government efforts to control inflation are showing results as the country's inflation rate continued to ease, the National Economic and Development Authority (NEDA) said. In a sta... Read More


BSP: March inflation keeps outlook within target range

Manila, April 4 -- The Bangko Sentral ng Pilipinas (BSP) sees inflation to remain within its target range following the 1.8 percent rate for March 2025. "The latest inflation outturn is consistent wi... Read More


PSEi mirrors drop in Asian shares; peso strengthens to 56-level

Manila, April 4 -- The Philippine Stock Exchange index (PSEi) and other Asian peers dropped shares on Friday, a day after the United States announced a worldwide reciprocal tariffs. The bellwether PS... Read More


PH in 'better position' vs. ASEAN with US reciprocal tariffs - DTI

Manila, April 3 -- The Department of Trade and Industry (DTI) said the Philippines is in a better position compared to other ASEAN member states and Asian nations amid United States President Donald T... Read More


PEZA investment pledges surge 249% in Q1 2025

Manila, April 2 -- Manufacturers recorded higher business confidence for the next 12 months despite the factory output decline in March, according to S&P Global Philippines Manufacturing Purchasing Ma... Read More


PH manufacturers more optimistic despite lower factory output in March

Manila, April 2 -- Manufacturers recorded higher business confidence for the next 12 months despite the factory output decline in March, according to S&P Global Philippines Manufacturing Purchasing Ma... Read More


P1.1-B Carbon market revamp in Cebu ready by Q1 2026

Manila, April 2 -- The Block-2 project of the Carbon Public Market in Cebu will be completed by the first quarter of next year, its developer Megawide Construction Corp. disclosed to the Philippine St... Read More


PSEi extends gains, peso flat mid-week

Manila, April 2 -- The Philippine Stock Exchange index (PSEi) rallied for the third straight trading day on Wednesday while the peso closed flat against the US dollar. The main stocks gauge increased... Read More