THE Philippine Economic Zone Authority (PEZA) approved investment pledges worth P4.575 billion in April, down 69.5% year on year.In a statement on Tuesday, PEZA said it approved 20 new and expansion projects at a board meeting on April 23. The approved investments are expected to

Coconut, garments expected to benefit if Philippines negotiates favorable US tariffs  - BusinessWorld Online                                    Image via IndustriALL Global Union/Flickr/CC BY-NC-ND 2.0THE Department of Trade and Industry

Coconut processing facility launched in Misamis Oriental - BusinessWorld Online                                    PHILSTAR FILE PHOTOTHE Philippine Coconut Authority (PCA) said it launched a P350-million integrated coconut processing facility

FREEPIKTHE rate of fraud in Philippine digital transactions was estimated at 13.4% in 2024, exceeding the global average of 5.4%, according to a study by TransUnion Philippines.Of the 18 markets analyzed, the Philippines posted the second-highest suspected digital fraud rate, behind India (19%).According to TransUnion’s

THE leading China-based suppliers to the cosmetics industry could pivot to Southeast Asia (SEA) to stay afloat during the trade war with the US, a market research firm said.Informa Markets added that the Philippine cosmetics market will be driven by e-commerce channels, though it may

A VIEW of buildings in Makati City. — PHILIPPINE STAR/MICHAEL VARCASTHE vacancy rate for residential property in Metro Manila will likely hit 26% by the end of this year, with condominium developers reining in their launches to dispose of inventory, according to property consultant

ARSENIO M. BALISACAN — PHILSTAR FILE PHOTOTHE Philippines’ income classification is not a primary consideration for prospective investors, the Department of Economy, Planning, and Development (DEPDev) said.If the Philippines fails to meet its goal of graduating to upper middle-income status soon, this would not significantly

PNRI.DOST.GOV.PHTHE Philippine Nuclear Research Institute (PNRI) said any safety concerns posed by nuclear power can be addressed by appropriate regulation.PNRI made the remarks as Manila Electric Co. (Meralco) brought forward its efforts to develop nuclear energy, including studies to rehabilitate the mothballed Bataan Nuclear Power

A vendor sits in a stall selling products in sachet packaging at a public market in Manila, Philippines, Aug. 1, 2019. — REUTERSNEIGHBORHOOD mom-and-pop stores, also known as sari-sari stores, posted strong energy drink and iced tea sales last year, the hottest year on record,

THE PESO strengthened to a seven-month high on Tuesday as the greenback continued to struggle due to tariff uncertainties.The local unit closed at P56.145 per dollar on Tuesday, surging by 27.5 centavos from its P56.42 finish on Monday, Bankers Association of the Philippines data showed.

REUTERSPHILIPPINE STOCKS edged higher on Tuesday as the market remained cautious amid the ongoing trade policy developments and ahead of the release of key US economic data.The Philippine Stock Exchange index (PSEi) inched up by 0.04% or 2.69 points to close at 6,252.19, while the

DCSTUDIO-FREEPIKTHE digital economy’s contribution to the Philippine economy was little changed at 8.5% in 2024 from 8.6% previously, the Philippine Statistics Authority (PSA) reported on Tuesday.Citing preliminary data, the PSA said the 8.5% reading was the lowest since the PSA started compiling the indicator in 2018.In