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Louella Desiderio
Louella Desiderio
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Hanabishi eyes sales growth despite cautious outlook
by Louella Desiderio - October 4, 2026 - 12:00am
Hanabishi Appliances has a cautiously optimistic outlook on sales growth this year as high fuel prices and foreign exchange volatility weigh on dealers’ expansion plans.
Japanese semicon firm to build facility in Batangas
by Louella Desiderio - October 4, 2026 - 12:00am
A Japanese semiconductor firm is set to break ground on a manufacturing facility in Batangas as part of its expansion plan in the Philippines.
Indian firms eye exclusive ecozone for pharma, biotech
by Louella Desiderio - October 3, 2026 - 12:00am
Indian firms have expressed interest in developing an exclusive economic zone for Indian investments in the pharmaceutical and biotechnology sectors, according to the Philippine Economic Zone Authority.
Factory activity contracts in September
by Louella Desiderio - October 2, 2026 - 12:00am
Manufacturing activity in September slipped to negative territory for the first time in five months due to weak demand and increased competition from foreign rivals, according to S&P Global.
ShopSM, Penshoppe, Bench among top Asian retailers
by Louella Desiderio - October 1, 2026 - 12:00am
Local retail powerhouses ShopSM, Penshoppe and Bench made it to the inaugural Brand Conviction Index: Asia’s Top 100 Retailers.
Trade balance improves as deficit narrows to lowest in 15 months
by Louella Desiderio - October 1, 2026 - 12:00am
The country’s trade deficit in August narrowed to its lowest level in over a year as exports grew faster than imports, according to the Philippine Statistics Authority.
PCC adopts digital filing to ease legal procedures
by Louella Desiderio - September 30, 2026 - 12:00am
The Philippine Competition Commission has adopted the electronic filing and service of documents, as well as the conduct of videoconferencing proceedings under new rules to streamline processes.
Taiwanese firm eyes $1 billion plant in Clark
by Louella Desiderio - September 29, 2026 - 12:00am
A Taiwanese technology firm plans to invest $1 billion for a manufacturing facility in New Clark City, according to the Bases Conversion and Development Authority.
Fiscal reforms to unlock GDP gains for Philippines – World Bank
by Louella Desiderio - September 29, 2026 - 12:00am
The Philippines could generate fiscal gains equivalent to as much as 7.1 percent of gross domestic product by improving tax collection and making public spending more efficient, according to the World Bank...
Bad weather sinks car sales, but xEVs zoom
by Louella Desiderio - September 29, 2026 - 12:00am
Heavy rainfall and flooding led to an 18-percent decline in overall vehicle sales in August from a year ago, but demand for electrified vehicles remained resilient with sales accelerating by over 200 perce...
Mitsubishi charges ahead with plans to export hybrid
by Louella Desiderio - September 29, 2026 - 12:00am
It is no secret that Mitsubishi Motors Philippines Corp. plans to manufacture a hybrid electric vehicle (HEV) and position the country as an export hub for hybrid vehicles.
IT-BPM industry sees revenue exceeding $50 billion by 2028
by Louella Desiderio - September 27, 2026 - 12:00am
The Information Technology and Business Process Association of the Philippines is optimistic that industry revenues will cross the $50 billion mark by 2028, even as it cited the need to address talent supply...
PSAC seeks 4-year delay in property valuation reform
by Louella Desiderio - September 26, 2026 - 12:00am
The Private Sector Advisory Council Infrastructure Sector (PSAC-Infra) is pushing to delay the implementation of the Real Property Valuation and Assessment Reform Act (RPVARA) to 2031 amid higher financing and construction...
IFC greenlights P4.4 billion bet on GCash IPO
by Louella Desiderio - September 26, 2026 - 12:00am
The International Finance Corp. (IFC) has approved its P4.4-billion investment in the initial public offering (IPO) of GCash operator Mynt Inc.
ADB approves $1.5 billion Philippine crisis response loan
by Louella Desiderio - September 25, 2026 - 12:00am
The Asian Development Bank has approved a $1.5-billion loan to help the Philippines address the impact of the Middle East conflict. 
Trade deficit swells to widest level in H1
by Louella Desiderio - September 24, 2026 - 12:00am
 The country’s trade gap hit its highest level in the first semester as imports growth outpaced exports, according to the Philippine Statistics Authority.
ADB, S&P cut Philippines growth forecasts
by Louella Desiderio - September 24, 2026 - 12:00am
 The Asian Development Bank  and S&P Global Ratings slashed the economic growth forecasts for the Philippines due to the prolonged impact of the Middle East crisis and weaker investments. The multilateral...
Biz groups: Bar political families from government contracts
by Louella Desiderio - September 24, 2026 - 12:00am
Business groups are urging the government to strengthen safeguards and enforcement mechanisms under a bill barring families of public officials from securing government contracts.
Vehicle sales may reach 600K by 2030
by Louella Desiderio - September 23, 2026 - 12:00am
Total vehicle sales in the country are projected to reach the 600,000-unit mark by 2030, according to leading automotive firm Toyota Motor Philippines Corp..
BCDA expects investments hitting over P100 billion this year
by Louella Desiderio - September 23, 2026 - 12:00am
The Bases Conversion and Development Authority expects its approved investments to reach over P100 billion this year amid strong investor interest.
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