Philippines Trade Deficit Narrows in January 2026
The Philippines' trade deficit decreased by 17.8% to $4.05 billion in January 2026, driven by a 7.9% rise in exports outpacing a 3.1% import decline, with electronic products leading growth.
Category : Business
Visa-Free Entry Boosts Taiwanese Tourist Arrivals in Philippines
The Philippines' visa-free entry program led to a 6.32% increase in Taiwanese arrivals in 2025, reaching 213,928 visitors, driven by improved connectivity and promotional efforts.
Cebu Rotary Funds Pediatric Heart Surgeries as Costs Rise
The Rotary Club of Cebu is raising funds to finance over 100 pediatric heart surgeries in 2026 through its annual 'Run for Gift of Life' event, addressing affordability gaps in congenital heart disease treatment.
SSS Targets P2 Trillion Fund, Launches Microloan Initiative
The Social Security System projects its reserve fund to hit P2 trillion within three to four years, backed by strong post-pandemic growth and record net income, while introducing a microloan program to combat predatory lending.
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Rice Price Drop Drives Negative Inflation for Poorest Filipinos
Declining food costs, led by rice, have pushed inflation into negative territory for the poorest 30% of Filipino households from 2023 to 2025, highlighting how agricultural prices reshape inequality and consumption patterns, according to World Bank econom
Davao Wage Hike Called 'Insult' by Labor Amid Rising Prices
Kilusang Mayo Uno-Southern Mindanao Region criticizes the P20-P30 wage increase in Davao as insufficient, citing spikes in electricity, water, and fuel prices that outpace the raise.
Davao de Oro Agri Fair Focuses on Youth Farmers and Tech
The Provincial Agriculturist Office of Davao de Oro announces its Agri Trade Fair will prioritize youth farmers, showcasing modern technologies like drones and smart farming to address the aging farmer population and sustain agriculture.
PHINMA Properties Marks Arezzo Place Davao Sell-Out Milestone
PHINMA Properties hosted a Thanksgiving Gathering for Arezzo Place Davao, celebrating the project's full sell-out and honoring partnerships that built a vibrant residential community of over 4,000 residents.
CIDG Seizes ₱133M in Fake Crocs in Pampanga Raid
The Criminal Investigation and Detection Group (CIDG) Pampanga confiscated counterfeit Crocs footwear valued at ₱133 million during a major operation in Apalit, Pampanga. The raid, part of Oplan Megashopper, also uncovered suspected fake Adidas products a
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ILO: Draft Study on TNVS Workers Not Official, Under Review
The International Labour Organization in the Philippines states a study on TNVS riders' and drivers' working conditions is still under technical validation and not an official report, warning against citing preliminary findings.
UP Scholar Calls for Global Agrarian Reform Action in Colombia
UP Diliman Assistant Professor Karlo Mikhail Mongaya presented research on Philippine agrarian issues at an international conference in Colombia, advocating for pro-poor food systems and land rights.
SMDC Boosts Western Visayas with 4,000 Units, 150 Hectares
SM Development Corporation plans to deliver over 4,000 residential units and develop more than 150 hectares in Western Visayas and Negros Island by 2026, enhancing regional infrastructure and operations.
Fuel Price Hike of PHP1.60/Liter Looms Amid Geopolitical Risks
Gasoline and diesel prices are projected to increase significantly next week, with gasoline potentially rising by PHP1.40 to PHP1.60 per liter, driven by ongoing Middle East conflicts and production issues in Asia.
Mandaue Bridge Project to Displace 205 Families
At least 205 families in Barangay Paknaan, Mandaue City, face displacement for the P76-billion fourth Cebu-Mactan bridge, aimed at easing traffic. Mayor Ouano emphasizes proper relocation and consultations before construction begins.
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Cage-Free Eggs Become New Standard in Philippines Restaurants
A new report reveals that 78% of chain restaurant locations in the Philippines have committed to cage-free eggs, the highest rate in Asia, driven by animal welfare and food safety concerns.
Northern Cebu Trade Fair Returns with New Name and Focus
The Cebu Provincial Government relaunches its trade fair, now called 'Our Cebu! Pista sa Sugbo: Kasadya sa Cuarto Distrito,' from March 13-15, 2026, at Robinsons Galleria Cebu, showcasing local delicacies, handicrafts, and cultural presentations from Nort
BSP Signs Data-Sharing Agreements to Fight Financial Scams
The Bangko Sentral ng Pilipinas has signed information sharing agreements with the NBI, CICC, and SEC to enhance investigations into financial scams and protect consumers under the Anti-Financial Account Scamming Act.
200+ Mandaue Families Displaced by New Cebu-Mactan Bridge
More than 200 families in Barangay Paknaan, Mandaue City face displacement as construction begins on the fourth Cebu-Mactan Bridge, a P76.41 billion project funded by JICA loans.
Davao Region Workers Get Wage Increases in 2026
Thousands of minimum wage earners in Davao Region will receive pay increases ranging from P20 to P30 daily for private sector workers and P500 to P1,500 monthly for domestic workers, effective March 13, 2026.
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BIR, Treasury, UnionBank Sign Digital Tax Payment Deal
The Bureau of Internal Revenue, Bureau of the Treasury, and UnionBank have signed an agreement to integrate UPay into the national tax collection system, enhancing digital payment efficiency and security for taxpayers.
Cebu Tourism Incentive Program Targets Rural Overnight Stays
The Cebu Provincial Government has introduced a new incentive program to encourage overnight stays in towns outside major cities, aiming to spread tourism income and strengthen local economies across the province's 51 municipalities.
Pag-IBIG Fund Investment Income Jumps 50% in 2025
Pag-IBIG Fund reports a nearly 50% surge in investment income to P9.43 billion in 2025, boosting assets to P1.23 trillion and supporting affordable housing and member savings programs.
Samal Mangoes Target Japan Export After Buyer Visit
The Island Garden City of Samal's sweet mangoes could soon reach Japan through talks with Wismettac Foods, a major importer, following a farm inspection that assessed quality and export readiness.
Microtel Pampanga Becomes First 3-Star Hotel in San Fernando
Microtel by Wyndham Pampanga has been officially rated as a 3-star hotel by the Department of Tourism, marking the first star-rated hotel in San Fernando City. The hotel, a joint venture between Laus Group and Phinma Microtel, offers 80 rooms and premium
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Sunlight Air Grand Travel Fest in Cebu Offers P8 Flights
Sunlight Air hosts its bi-annual Grand Travel Fest in Cebu from February 27 to March 1, 2026, featuring domestic travel deals as low as P8 one-way fares, exclusive discounts, and free admission.
Bicol Wage Board Starts Deliberations on New Minimum Wage
The Regional Tripartite Wages and Productivity Board in Bicol has completed public hearings and consultations, now entering formal deliberations to determine a new minimum wage rate for workers, considering inflation and employer capacity.
Boracay White Beach in TripAdvisor's 2026 Best Beaches List
Boracay White Beach secures sixth place in TripAdvisor's prestigious 2026 Best of the Best Beaches ranking, celebrating excellence in travel with high-volume positive reviews.
House Panel Approves Bills to Abolish Philippine Travel Tax
The House Committee on Tourism has approved multiple bills aiming to permanently eliminate the travel tax imposed on Filipinos departing the country, pending a clear long-term funding replacement for affected agencies.
Davao Light Takes Over Samal Power Distribution After Court Decision
Davao Light has officially taken control of power distribution in Samal after a court order, with company president clarifying Supreme Court ruling validity.
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Cebu Leaders Boost Japan Ties in Tokyo Trade Mission
A 45-member Cebu delegation, including business and government leaders, is in Tokyo for a three-day trade mission focused on disaster resilience, healthcare, and urban development to enhance global competitiveness.
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