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

DTI Meets With Japan’s Donki Operator To Expand Trade Of Philippine Products

The meeting between DTI and Japan's PPIH fosters new trade prospects for Philippine goods. A timely initiative for local businesses.

4-Month Car Sales Up 2.5% To Over 150K Units

A 2.5% increase in car sales in the Philippines was reported for the first four months of the year, highlighting the industry's recovery.

Philippines, Chile Follow Through On CEPA Talks At APEC Meet

Progress is being made in the CEPA negotiations between the Philippines and Chile at the APEC meeting in Jeju, South Korea.

Philippine Financial Sector’s Resources Up In March

At the end of March, total resources in the Philippine financial sector increased by 6.7 percent, based on data from BSP.

Department Of Finance, UNDP Launch Program To Boost Enterprise Growth

DOF and UNDP, with support from Canada, introduced AGCF-NbS to enhance sustainable business practices across the Philippines.

BCDA To Revamp Iconic Mile Hi Property In Camp John Hay

BCDA drives efforts to rejuvenate the Mile Hi property, aiming to boost tourism and job opportunities in Baguio City.

Pagcor Exceeds Dividend Mandate With PHP12.67 Billion Remittance

With a remittance of PHP12.67 billion, Pagcor shows commitment to national development through its contributions to the Treasury.

PTI Backs Several Senate Measures To Combat Illicit Tobacco Trade

Senate proposals receiving PTI's support focus on reducing illicit tobacco trade in the Philippines.

Foreign Direct Investment Net Inflows Hit USD529 Million In February

Foreign direct investment net inflows amounted to USD529 million in February, according to the BSP. A testament to the robust economic conditions.

Philippine Economy Continues To Grow Despite Global Uncertainties

Amid rising global volatility, the Philippines has recorded a notable 5.4% economic growth in the first quarter of the year.