The country has opened more doors to foreign capital, but weak FDI suggests the bigger challenge may be keeping investors here and turning their money into jobs and business opportunities.
Trade in machinery and electrical equipment surged 87.59% to ₱183.41 billion as overall domestic trade fell 21.9%, PSA data shows.
Vaguely worded policies are leaving customers and riders with different expectations.
Getting crops to market can be just as important as growing them, especially when floods, damaged roads and high transport costs threaten to turn good harvests into waste.
Conglomerate looks to renewable energy and logistics to offset revenue impact.
Industry players say the country needs more temperature-controlled facilities, but higher construction costs and specialized requirements continue to limit new supply.
New airports, expressways, and industrial parks are turning regional hubs into the country’s next logistics hotspots.
Company buys back 40% stake as CVC Capital Partners ends six-year investment, with no disclosure on deal drivers or terms.
Relief for motorists continues, though pump prices remain far above pre-crisis levels.
The operator was also ordered to explain the incident as buses are pulled from service pending investigation.
