Chie Manalo

Philippine credit rating holds steady, but darker outlook flags growing external pressures

The Philippines has maintained its investment-grade footing after Fitch Ratings affirmed its “BBB” credit rating, but a downgrade in outlook to “negative” reflects mounting risks from volatile global energy markets and geopolitical tensions—factors that could test the country’s growth trajectory in the months ahead. The Bangko Sentral ng Pilipinas (BSP) took note of the development,…

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Philippines maintains healthy fuel supply as price rollbacks offer relief

The Philippines continues to maintain a stable and sufficient fuel supply, as government efforts to promote responsible consumption and secure additional imports begin to pay off, Energy Secretary Sharon Garin said Monday. In a virtual briefing, Garin reported that current inventory levels remain comfortably above critical thresholds, with gasoline supply good for 54.47 days, diesel…

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Customs Port of Manila tightens coordination ahead of audit push and revenue targets

The Bureau of Customs – Port of Manila (BOC–POM) is stepping up internal coordination and compliance efforts as it prepares for a key external audit and accelerates initiatives to boost revenue collection. At a Division Heads Meeting held on April 14, District Collector Rizalino Jose C. Torralba convened deputy collectors, subport collectors, division chiefs, and…

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Piolo Pascual headlines SMDC’s Good Life sessions as event series builds stronger momentum

Few names in Philippine entertainment command the kind of lasting recall as Piolo Pascual. With a career that continues to thrive across film, television, and live performance, he remains a rare figure who resonates with audiences across generations—making him a natural choice to headline the next edition of Good Life Sessions. Developed by SM Development…

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Queues, buzz, and rapid sales signal strong start for Compose Coffee in Taiwan

Jollibee Foods Corporation is doubling down on its global coffee ambitions as its South Korean brand, Compose Coffee, delivered an impressive early showing in Taiwan—an encouraging sign ahead of its planned Philippine debut later this year. The value-driven coffee chain drew strong pre-opening demand at its first Taiwan store, with customers lining up as early…

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Philippines deepens chip industry push as onsemi eyes expanded footprint

The Philippines is stepping up its ambitions in the global semiconductor race, with investment czar Frederick D. Go reaffirming government support for the expansion of onsemi, a long-time industry player in the country. In a high-level meeting with onsemi president and CEO Hassane El-Khoury, Go underscored the Philippines’ strategic role as a manufacturing and innovation…

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Energizing the data economy: MPower taps into STT GDC Philippines’ high-growth expansion

POWERING PH DATA CENTER EXPANSION. MPower and ST Telemedia Global Data Centres (STT GDC) Philippines havesigned a retail supply agreement to energize the latter’s six data centers located in Metro Manila and Cavite. Seen in photoare (L-R) STT GDC Philippines In-Country Head of Data Centre Operations Chrissie Legaspi STT GDC Philippines Presidentand Chief Executive Officer…

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POCO M8s 5G lands in PH: Built for two-day power, smarter performance, and everyday immersion

POCO is dialing up the everyday smartphone experience with the arrival of the POCO M8s 5G this April, a device engineered for longer days, smoother performance, and richer entertainment. Designed for users ready to step beyond entry-level devices, the new M-series contender combines a massive battery, a refined display, and intelligent features into one compelling…

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NFA eyes comeback: Cheaper rice stores may return as Congress moves to recalibrate trade policy

A familiar player in the country’s rice market could soon stage a comeback—one that may reshape prices on the ground and revive a system many Filipinos once relied on for affordable staples. The National Food Authority (NFA) signaled its readiness to re-enter the retail space, hinging its return on proposed amendments to the Rice Tariffication…

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