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Philippines Trade Deficit Shrinks 14.7% in September

The Philippines' trade gap narrowed significantly to $3.99 billion in September 2023, marking a 14.7% improvement as exports showed resilience while imports moderated, signaling positive economic adjustments.

Cebu City Market Cleanup Nears Completion

Cebu City's massive market cleanup campaign is 95% complete, bringing improved sanitation, organized vending, and enhanced public safety to local commerce hubs.

Davao Durian Breaks Into Chinese Market

Davao's famous durian achieves unprecedented market access in China, creating new economic opportunities for Filipino farmers and exporters. Discover how this tropical fruit is conquering Chinese palates.

Cebu Mayor Faces Ombudsman Charges Over Night Market

Cebu City Mayor Michael Rama and 11 others accused of graft and administrative violations in controversial night market project. Ombudsman complaint alleges irregularities in ₱20 million procurement.

Davao de Oro Rehabs ₱250M Farm Road in Laak

The provincial government of Davao de Oro is set to rehabilitate a crucial 15-kilometer farm-to-market road in Laak with a ₱250 million budget, boosting agricultural productivity and rural connectivity.

Cebu Mayor Rama Faces Graft Charges Over Night Market

Mayor Michael Rama and two Cebu City officials have been charged with graft over alleged irregularities in the Colon Night Market operations, facing accusations of causing undue injury to the government.

AREIT Buys ₱19.5B Malls from Ayala Land

AREIT Inc. announces historic ₱19.5 billion acquisition of prime retail assets from Ayala Land, expanding its property portfolio and reinforcing market dominance in Philippine REIT sector.

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