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DP World and   Inc deploy first fleet of electric internal transfer vehicles in the   - This is part of the US $100 mill...
17/07/2025

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

- This is part of the US $100 million investment announced earlier in May this year, to boost efficiency at the Manila South Harbour

- This new fleet makes up about 20% of the current fleet size, and plans are underway for a fully-decarbonised fleet by 2030

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 Manila South Harbour (MSH). This is the first fleet of eITVs to be deployed for operations in the country......
http://infoblaze.com/news/details/113842

DP World


Trump sets 20%   on Philippine goods, says relations not 'reciprocal' in letter to MarcosUnited States President Donald ...
10/07/2025

Trump sets 20% on Philippine goods, says relations not 'reciprocal' in letter to Marcos

United States President Donald Trump has imposed a 20% tariff on all Philippine goods starting August 1 and threatened to pile on additional duties if the Philippines retaliates, according to his letter to President Ferdinand Marcos Jr.

The White House letter dated July 9 was posted on Trump's Truth Social account along with similar tariff notifications sent to six other countries....
https://bit.ly/3Ilm7zM



Cristina Chi
Via www.philstar.com

PPA: 12 ports up for privatization Not only airports are being privatized in swift succession by the government, but sea...
07/07/2025

PPA: 12 ports up for privatization

Not only airports are being privatized in swift succession by the government, but seaports, too, are lined up for public-private partnerships (PPPs), with 12 set to be turned over this year.

The Philippine Ports Authority (PPA) is preparing to complete the PPP of 12 ports in Luzon and Mindanao as part of efforts to tap private resources for infrastructure management....
https://bit.ly/45X5LHw

Philippine Ports Authority




Elijah Felice Rosales
Via www.philstar.com

Filipino traders ride crypto hype despite volatilityMORGAN SPENCER C. YAO, 26, is holding back on cryptocurrency investm...
06/07/2025

Filipino traders ride crypto hype despite volatility

MORGAN SPENCER C. YAO, 26, is holding back on cryptocurrency investment amid volatile markets stemming from a global trade war.

“The crypto market follows the tech market, which is affected by investors’ outlook on the economy, which has been on the downside lately because of tariffs,” he told BusinessWorld. “Tech stocks are very speculative.”Arlone P. Abello, executive director and founding chairman of the Innovative Movement of The Philippine Association of Crypto Traders (IMPACT) and chief executive officer (CEO) at Global Miranda Miner Group, said Filipino crypto investors have turned “cautiously bullish” since US President Donald J. Trump took office in January.....
https://bit.ly/4lZmvmj




Aaron Michael C. Sy
Via bworldonline.com

Philippine   hindered by highly concentrated ownership,   says CONCENTRATED corporate ownership, particularly among fami...
01/07/2025

Philippine hindered by highly concentrated ownership, says

CONCENTRATED corporate ownership, particularly among family owned listed firms, undermines corporate governance, the Organisation for Economic Co-operation and Development (OECD) said.

“Concentrated ownership… can undermine corporate governance,” it said in its Asia Capital Markets Report issued last week.

The OECD described the Philippines’ concentration of corporate ownership as among the highest in Asia....
https://bit.ly/3GgmMSw




Aubrey Rose A. Inosante
Via bworldonline.com

Boosting private sector growth, structural reforms to boost growth Boosting private sector growth and continued implemen...
20/06/2025

Boosting private sector growth, structural reforms to boost growth

Boosting private sector growth and continued implementation of structural reforms will help boost Philippine economic growth, the World Bank said.

In its Philippine Economic Update (PEU) report released on Thursday, the World Bank said the Philippines can further boost its growth prospects by implementing vital reforms that empower small and medium enterprises (SMEs) to further grow.

For this year, the World Bank projects Philippine economic growth to settle at 5.3 percent....
https://bit.ly/3G3spmS




Anna Leah Gonzales
Via PNA

PHL to implement crypto-asset frameworkTHE PHILIPPINES will implement a crypto-asset framework as part of its efforts to...
18/06/2025

PHL to implement crypto-asset framework

THE PHILIPPINES will implement a crypto-asset framework as part of its efforts to combat cross-border tax evasion and illicit financial flows, the Department of Finance (DoF) said.

In a statement on Tuesday, the DoF said it is committed to adopting the Crypto-Asset Reporting Framework (CARF) by 2028.The framework sets the guidelines for the reporting and automatic exchange of information associated with crypto-assets.....
https://bit.ly/4l4oi94



Via bworldonline.com

  launches complimentary coach service for Economy Class passengers flying to and from Clark International Airport start...
10/06/2025

launches complimentary coach service for Economy Class passengers flying to and from Clark International Airport starting

- Emirates will launch a complimentary coach service for Economy customers flying to and from Clark International Airport starting today

- The new shuttle service connects Trinoma in Quezon City withClark International Airport in Pampanga as pick-up and drop-off points

In a move to further enhance the travel experience for its Filipino passengers, Emirates will be introducing a new coach service exclusively for Economy Class customers flying to and from Clark International Airport (CRK) starting today. The complimentary service will connect Trinoma in Quezon City with Clark International Airport in Pampanga, offering a convenient and seamless transit option.

The coach service will be available to Emirates passengers holding a valid flight ticket and traveling between Clark and Trinoma, with pickup and drop-off points located at the New Genesis P2P Trinoma Bus Terminal (code: TRP) and at Clark International Airport (CRK) in Pampanga.....
https://bit.ly/4dZuPQ0


Australia's   to launch flights in Philippines Australian budget carrier Jetstar plans to enter the Philippine market in...
10/06/2025

Australia's to launch flights in Philippines

Australian budget carrier Jetstar plans to enter the Philippine market in yet another signal of foreign airlines’ growing interest to launch in the country.

The Civil Aeronautics Board (CAB) said it is set to hear on June 26 a petition filed by Jetstar Airways to mount flights to and from and , respectively.....
https://bit.ly/3FysEGt

Jetstar Australia




Elijah Felice Rosales
Via www.philstar.com

Dubai Chamber of Commerce organises 180 bilateral business meetings in   to strengthen trade relations between Dubai and...
31/05/2025

Dubai Chamber of Commerce organises 180 bilateral business meetings in to strengthen trade relations between Dubai and the Philippines

Memorandum of Understanding signed with Philippine Chamber of Commerce and Industry to enhance bilateral cooperation

Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully organised 180 bilateral business meetings between companies from Dubai and their counterparts in the Philippines. The meetings in Manila marked the first stop of the chamber’s trade mission to Southeast Asia, which includes both the Philippines and Thailand, and forms part of the ‘New Horizons’ initiative aimed at supporting the global expansion of local companies into promising international markets.

The trade mission to the Philippines featured representatives from 17 private sector companies in Dubai, spanning a diverse range of sectors including food and beverages, agriculture, automotive, construction, electronics, hospitality, human resources and services, industrial lubricants, investment, and perfume retail.....
https://bit.ly/3Z8YSP0

Dubai Chamber


Dubai Chamber of Commerce completes preparations for trade mission to the   and    Mission aims to enhance business part...
23/05/2025

Dubai Chamber of Commerce completes preparations for trade mission to the and

Mission aims to enhance business partnerships

Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has completed preparations for its upcoming trade mission to the Philippines and Thailand, which will take place from 26 – 30 May. The mission comes as part of the ‘New Horizons’ initiative, which aims to support the expansion of local companies into promising global markets....
https://bit.ly/3SDkVKd

Dubai Chamber


Philippines cement market seen to recover on infra push, housing demand The local cement industry is expected to rebound...
05/05/2025

Philippines cement market seen to recover on infra push, housing demand

The local cement industry is expected to rebound in the medium term as infrastructure spending remains strong and housing demand continues to rise.

Speaking at its 2025 annual stockholders’ meeting on Monday, Concreat Holdings Philippines (CHP) president and chief executive officer Herbert Consunji said the country’s cement market is poised to recover despite currently facing short-term pressures.

Consunji said cement demand softened in 2024 due to lower prices, imports, and global uncertainties, but recovery is expected in the next few years, supported by government infrastructure programs and the housing backlogs......
https://bit.ly/3EU0OUG



Via PNA

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