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Press Releases

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Importers, customs brokers face criminal raps over P49.3M shipments

The Bureau of Customs has filed criminal complaints against two importers and…
  • May 12, 2021
  • 2 minute read

PH fresh okra to enter South Korean market

The Philippines will start exporting okra or lady’s fingers to South Korea…
  • May 11, 2021
  • 3 minute read

Cebu Pacific fundraising plan raises P40.5B for COVID response

Cebu Pacific closed three major fundraising transactions totaling P40.5 billion (US$845 million)…
  • May 11, 2021
  • 3 minute read

PH stays in recession as GDP contracts 4.2% in Q1

The Philippine economy remained in recession in the first quarter of 2021…
  • May 11, 2021
  • 2 minute read

DHL delivers first tranche of Pfizer-BioNTech vaccines to the Philippines

DHL undertook on May 10 delivery of the first batch of Pfizer-BioNTech…
  • May 11, 2021
  • 4 minute read

BOC hires Naga-based BPO firm for call center service

The Bureau of Customs (BOC) has tapped Naga-based Digital Minds BPO Services…
  • May 10, 2021
  • 1 minute read

Pandemic-hit Mactan-Cebu airport operator cuts deal with lenders

GMR Megawide Cebu Airports Corp., which operates Mactan-Cebu International Airport, executed an…
  • May 7, 2021
  • 2 minute read

AyalaLand Logistics income up 10% in Q1 on tight cost cutting

AyalaLand Logistics Holdings Corp. (ALLHC) posted a net income of P165 million…
  • May 7, 2021
  • 2 minute read

PH manufacturing logs 13th month of decline with over 70% drop in March

The Philippine manufacturing sector posted more than 70% contractions in both volume…
  • May 7, 2021
  • 2 minute read

PH imports, exports post double-digit growth in March

Philippine merchandise trade grew for the second consecutive month in March 2021,…
  • May 7, 2021
  • 3 minute read