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France eyes joining Luzon Economic Corridor

Manila, April 11 -- France is interested in joining the Luzon Economic Corridor (LEC), its visiting Minister Delegate for Foreign Trade and French Nationals Abroad Laurent Saint-Martin told reporters ... Read More


PH backs ASEAN's non-retaliatory stance on US tariffs

Manila, April 10 -- The Philippines has reaffirmed its support to the Association of Southeast Asian Nations (ASEAN) by standing in solidarity with the bloc in its decision not to retaliate against th... Read More


PSEi gains on US tariff pause

Manila, April 10 -- The local stock market improved again on Thursday following the 90-day postponement of the United States' reciprocal tariffs. The Philippine Stock Exchange index (PSEi) closed 1.1... Read More


ADB maintains PH growth outlook, lowers inflation forecast for 2025

Manila, April 9 -- The Asian Development Bank (ADB) has retained its 2025 economic growth forecast of 6 percent for gross domestic product (GDP) while lowering its inflation projection. In its Asian ... Read More


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