Thailand Activates Emergency Energy Plan As Strait Of Hormuz Disruption Threatens Oil Supply

Thailand has activated an emergency energy plan following disruptions linked to the Strait of Hormuz. The move highlights how quickly geopolitical tensions can affect global fuel supply chains.

Asia’s Energy Security On The Line As Strait Of Hormuz Tensions Escalate

The Strait of Hormuz carries about one fifth of the world’s oil supply. Any disruption here would send shockwaves through global energy markets.

Tom Kelly Named Chief Executive Officer Of Formerra

Formerra has appointed Tom Kelly as Chief Executive Officer as the company advances its global materials distribution strategy.
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Business

FDA, DTI To Improve Supply Chain Processes For MSMEs

FDA and DTI are working together to tackle supply chain challenges faced by MSMEs, paving the way for a brighter business future.

APECO Manila Office Transfers To Cheaper Location

In a bid for efficiency, APECO relocates to Aseana City, saving PHP4 million each year for the government.

Japan’s Kawamura, FRP Services Eye Business Operations In Philippines

PEZA reports that Japanese manufacturers Kawamura and FRP Services are exploring business opportunities in the Philippines.

Department Of Finance Releases Draft IRR VAT Refund For Foreign Tourists

The draft IRR for VAT Refund in Republic Act 12079 is now available. A positive move for attracting more foreign visitors.

8 More Negosyo Centers To Assist Cordillera Biz Owners

The opening of eight new Negosyo Centers in Cordillera brings more assistance for entrepreneurs and business owners.

DOE To LPG Firms: Comply With LIRA Or Face Penalties

The DOE emphasizes the importance of adhering to LIRA in the LPG industry. Ensure you meet licensing requirements.

Factory Output Growth Accelerates In January

According to the PSA, factory output increased at a faster pace this January. A positive indicator for the industry.

DOF Chief Welcomes 2.6 Million More Jobs Created In January

The creation of 2.6 million jobs in early 2025 marks progress for Filipinos, especially with more youth joining the workforce.

DTI Chief: CREATE MORE Lures Japanese Investments To Philippines

The Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy law is proving successful in drawing investments, with Japanese companies pledging PHP23.5 billion in new projects.

Philippines May Gain From Trump’s Move To Raise Tariff

The Philippines could gain from foreign direct investment inflows as companies seek alternative investment destinations due to rising US tariffs.