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Louella Desiderio
Louella Desiderio
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‘Expanded VAT exemptions to drive demand’
by Louella Desiderio - June 4, 2026 - 12:00am
Pharmaceutical companies are likely to see higher demand for essential medicines due to the expanded value-added tax  exemptions, according to research and analysis firm BMI.
OECD forecast: ‘Philippines to post 3.2% growth this year’
by Louella Desiderio - June 4, 2026 - 12:00am
The Philippine economy is expected to post slower growth this year with high inflation likely to dampen consumer spending, according to the Organization for Economic Cooperation and Development.
US eyes new tariffs on Phlilippines 59 countries
by Louella Desiderio - June 4, 2026 - 12:00am
The United States is looking to impose new tariffs of at least 10 percent on goods coming from the Philippines and 59 other economies for failing to curb imports produced with forced labor.
PCCI bucks proposed P240 immigration fee
by Louella Desiderio - June 4, 2026 - 12:00am
The country’s largest business organization is calling on the government to reconsider the proposed P240 immigration fee amid the energy crisis and rising prices.
Safeguard measure slapped on China, Indonesia cement
by Louella Desiderio - June 3, 2026 - 12:00am
Cement imports from China and Indonesia will now be imposed with a duty amounting to P349 per metric ton, after shipments exceeded the threshold for exemption from the safeguard measure, according to the Department...
AMRO cuts Philippines growth forecasts
by Louella Desiderio - June 3, 2026 - 12:00am
The Association of Southeast Asian Nations Plus 3  Macroeconomic Research Office has downgraded its growth forecasts for the Philippines for this year and next, as it expects higher inflation from the prolonged...
Marcos OKs 2026 investment promotion blueprint
by Louella Desiderio - June 3, 2026 - 12:00am
President Marcos has approved the government’s new investment promotion blueprint, which lists activities that are eligible for tax incentives.
Philippines, Ukraine seek stronger trade in agriculture, IT, pharma
by Louella Desiderio - June 2, 2026 - 12:00am
Ukraine is aiming to increase bilateral trade with the Philippines, citing opportunities in various sectors including agriculture, information technology and pharmaceuticals.
‘MSME support to sustain export growth momentum’
by Louella Desiderio - June 2, 2026 - 12:00am
The Department of Trade and Industry is looking to sustain the country’s export momentum through continued support for exporters, particularly, micro, small and medium enterprises, amid global uncertainties...
Toyota urges Philippines government to support all auto tech
by Louella Desiderio - June 2, 2026 - 12:00am
Japanese automaker Toyota Motor Corp. is pushing for Philippine government support for local vehicle manufacturing of all technologies to help strengthen micro, small and medium enterprises and safeguard...
Manufacturing activity recovers in May
by Louella Desiderio - June 2, 2026 - 12:00am
The country’s manufacturing activity returned to expansion mode in May, supported by improved demand and higher output.
DHL Express eyes double-digit shipment growth in Philippines
by Louella Desiderio - May 31, 2026 - 12:00am
Logistics leader DHL Express aims to maintain double-digit growth in volume of shipments in the Philippines this year despite challenges from the Middle East conflict.
Chinese auto firm explores partnerships for local EV brand
by Louella Desiderio - May 31, 2026 - 12:00am
Chinese automotive design and engineering firm Shanghai Launch Automotive Technology Co. Ltd. is looking to partner with local firms to help develop a Philippine electric vehicle brand.
Growth in factory gate prices slows in April
by Louella Desiderio - May 31, 2026 - 12:00am
Growth in factory gate prices eased in April from the previous month due mainly to the slower increase in prices of refined petroleum products, according to data from the Philippine Statistics Authority.
Contact center industry eyes 5% revenue growth in 2026
by Louella Desiderio - May 31, 2026 - 12:00am
The Contact Center Association of the Philippines, which has rebranded to Customer Xperience Association of the Philippines, expects the contact center industry to post five percent growth in revenue this year, despite...
April trade gap widest in nearly four years
by Louella Desiderio - May 30, 2026 - 12:00am
The Philippines posted its biggest trade deficit in almost four years in April as import growth outpaced export gains due to higher fuel costs linked to the Middle East conflict.
No good reason for remote voting in Senate – President Marcos
by Louella Desiderio - May 30, 2026 - 12:00am
President Marcos is against a proposal to allow online voting in the Senate, saying there is no good reason to adopt the mechanism and warned that it could be used to let senators evade accountability while still...
Tourism share to GDP slips to 8.1% in 2025
by Louella Desiderio - May 29, 2026 - 12:00am
The tourism sector’s contribution to the economy declined in 2025 due to lower spending by international visitors.
SteelAsia taps returning OFWs for new plant
by Louella Desiderio - May 28, 2026 - 12:00am
SteelAsia Manufacturing Corp. has hired a group of returning overseas Filipino workers (OFWs) from the Middle East to help build the country’s first steel sections mill in Lemery, Batangas.
Honda starts motorcycle exports to Cambodia, Laos
by Louella Desiderio - May 28, 2026 - 12:00am
Motorcycle manufacturer Honda Philippines Inc. has expanded export operations by starting the shipment of Click125 motorcycles to Cambodia and Laos.
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