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Louella Desiderio
Louella Desiderio
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Lifting of ban on new Metro Manila ecozones pushed
by Louella Desiderio - June 29, 2026 - 12:00am
The Department of Trade and Industry (DTI) and Department of Finance (DOF) are pushing for the lifting of the moratorium on the processing and evaluation of applications for economic zones in Metro Manila imposed...
Toyota rolls out Land Cruiser hybrid variant
by Louella Desiderio - June 28, 2026 - 12:00am
Toyota Motor Philippines Corp. (TMP) has started the sale of the Land Cruiser hybrid variant in the country, expanding its offering in the growing electrified vehicle segment.
Philippines among top investment markets for Swedish firms
by Louella Desiderio - June 28, 2026 - 12:00am
The Philippines is among the top investment markets for Swedish firms with over 60 percent of companies planning to increase their investments in the country, according to a survey.
Monde MY San invests over P5 billion for Pampanga plant
by Louella Desiderio - June 27, 2026 - 12:00am
Biscuit manufacturer Monde M.Y. San Corp. is spending over P5 billion for a new plant in Pampanga that is slated to open next year, according to the Philippine Economic Zone Authority (PEZA).
Industry groups push for new steel standards
by Louella Desiderio - June 26, 2026 - 12:00am
Industry groups are urging the Department of Trade and Industry  to immediately implement new steel standards and ban the use of induction furnace (IF) to promote infrastructure and building safety, as the country...
Total car sales slow, but xEVs accelerate
by Louella Desiderio - June 26, 2026 - 12:00am
Total vehicle sales declined by 12 percent from January to May, but electrified vehicles (xEVs) continued to buck the trend, surging by 134 percent.
PEZA-approved RE investments hit P97 billion
by Louella Desiderio - June 25, 2026 - 12:00am
The Philippine Economic Zone Authority has approved P97 billion worth of renewable energy (RE) investments, reflecting confidence in the country’s energy sector.
DTI: More Metro Manila rolling stores fielded soon
by Louella Desiderio - June 25, 2026 - 12:00am
To enable consumers to buy basic goods at lower prices, the Department of Trade and Industry is planning to deploy more rolling stores in Metro Manila.
Industry groups push for joint review of nutrition profiling model
by Louella Desiderio - June 24, 2026 - 12:00am
The Philippine Chamber of Food Manufacturers Inc. (PCFMI) and other industry groups are pushing for their inclusion in the further review of the Philippine Nutrient Profile Model (PNPM) to ensure that it reflects...
Pepsi targets above-GDP sales growth for 2026
by Louella Desiderio - June 24, 2026 - 12:00am
Beverage firm Pepsi-Cola Products Philippines Inc. (PCPPI) is aiming for sales to outpace the country’s economic growth this year to be supported by strong demand for flavored and energy drinks and the expansion...
Government sets 3.5–4.5% growth target for 2026
by Louella Desiderio - June 23, 2026 - 12:00am
The government is now expecting the country’s economy to grow between 3.5 percent and 4.5 percent this year due to the impact of the Middle East conflict and the lingering effect of the flood control controversy,...
UNDP seeks deeper Philippines tieups on energy, digital skills
by Louella Desiderio - June 22, 2026 - 12:00am
The United Nations Development Program is looking to strengthen cooperation with the Philippines in accelerating energy security, developing digital skills and mitigating climate risks to boost the country’s...
FAST Logistics to return under full Chiongbian ownership
by Louella Desiderio - June 22, 2026 - 12:00am
The Chiongbian family is set to restore full ownership of FAST Logistics Group by buying back the 40 percent stake held by private equity firm CVC Capital Partners.
Beauty industry sees up to 10% growth in sales
by Louella Desiderio - June 21, 2026 - 12:00am
The Philippine beauty industry is expected to continue blooming, with sales projected to grow by nine to 10 percent this year, driven by the high value placed by Filipinos on their physical appearance.
Health care spending rises to P1.87 trillion
by Louella Desiderio - June 21, 2026 - 12:00am
Health care spending in the country rose by 15 percent in 2025, as Filipinos are placing more importance on taking care of their health.
Government positions Mindanao as next investment hub
by Louella Desiderio - June 20, 2026 - 12:00am
The Board of Investments (BOI) and the Mindanao Development Authority (MinDA) have forged a partnership to position Mindanao as the country’s next major investment hub.
Approved construction permits down 7 percent in April
by Louella Desiderio - June 20, 2026 - 12:00am
Construction projects based on approved building permits declined by seven percent in April from a year ago, but the value posted double-digit growth year-on-year, according to the Philippine Statistics Authority...
Philippines climbs 4 places in global competitiveness ranking
by Louella Desiderio - June 20, 2026 - 12:00am
The Philippines moved up four places to rank 47th out of 70 economies in this year’s International Institute for Management Development (IMD)’s World Competitiveness Ranking, but the country remained...
DEPDev: Philippines well-positioned to withstand global shocks
by Louella Desiderio - June 19, 2026 - 12:00am
The Philippine economy is well-positioned to weather global challenges, even as growth projections have been recalibrated to reflect domestic and external conditions, according to the Department of Economy, Planning...
Aurora ecozone secures P18 billion investment pledges in RE, defense
by Louella Desiderio - June 18, 2026 - 12:00am
The Aurora Pacific Economic Zone and Freeport Authority  has attracted P18 billion in investment pledges across various sectors in nearly three years, reflecting investor interest in the ecozone’s position...
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