Louella Desiderio

MANILA, Philippines — The country's largest business organization supports the removal of systems loss charges and value-added tax (VAT) on electricity, noting these would reduce power costs for households and industries.

Japanese retail giant Uniqlo remains confident in the Philippine market and plans to continue expanding through new store openings despite high fuel and commodity prices.

The Philippine manufacturing sector expanded at its fastest pace in five months in July amid stronger demand.

The World Bank kept its Philippine economic growth forecast for the year, but lowered the projections for next year and 2028 amid an uncertain global environment.

Motorcycle manufacturer Honda Philippines Inc. is aiming to post a 13 percent growth in sales this year amid strong demand for practical transport options.

MANILA, Philippines — Foreign business groups are urging the government to focus on the enforcement of tax and revenue measures and ensure that

The Philippines and Canada, which are set to hold the next round of free trade agreement talks next month, are on track to conclude negotiations within the year.

MANILA, Philippines — Unemployment went up in June as more Filipinos entered the workforce, but not enough jobs were available to absorb them, according

The country’s economic growth rate was kept at 2.8 percent in the first quarter, but upward revisions were made in some sectors, according to the Philippine Statistics Authority (PSA).

MANILA, Philippines — Leading automotive firm Toyota Motor Philippines Corp. (TMP) is optimistic that cumulative sales will breach the three-million mark this year amid improving market conditions.