Philippines, Tariff
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The new tariff rates threatened in the letters Trump shared Wednesday are similar to those he announced on what the White House dubbed “Liberation Day” in early April.
Manufacturing Insights on MSN2h
Why the Philippines Is Still Poor : Understanding the Historical and Economic ChallengesThe Philippines was once seen as a nation destined for prosperity, blessed with fertile lands, rich mineral reserves, and strategic access to the Pacific Ocean. In the mid-20th century, it stood as one of Asia's most promising economies.
Because of this scenario, nearly every conversation I have had with U.S. and Asian interlocutors about the Philippines in recent years has raised the same, uncomfortable strategic question: Would Sara Duterte revert to her father’s China-friendly policies and skepticism of the United States,
In the jungles, plains and mountains of Luzon, the U.S. Army is experimenting with 3D-printed drones, missile launchers and new operational maneuvers in a test of their ability to defend the Philippines’ largest island.
President Trump posted letters to his Truth Social platform Wednesday outlining tariff levels for seven countries. Trump said he would levy 30% tariffs on Libya, Iraq, and Algeria, effective Aug. 1. Moldova and Brunei will get 25% tariffs,
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The impact is expected to be sharper for Sri Lanka, where 21 percent—or $618 million—of its $2.98 billion exports to the US in 2023 could now face Indian competition.
The Philippine economy is likely to be resilient to higher US levies but faces the risk of lower foreign investments amid the global uncertainty, according to S&P Global Ratings.
Fifteen police officers in the Philippines are in custody over their alleged role in the abductions and suspected killings of 34 cockfighting enthusiasts.
Teachers want the government to do more than tweak the school calendar, and also invest in infrastructure that will make schools resilient to heat and storms.
Interest in the unsolved cases has surged since the televised appearance of a witness who claimed to know where bodies had been submerged in Lake Taal.
The Philippines' foreign ministry has summoned China's ambassador after Beijing imposed sanctions on a former Filipino senator who has been critical of China’s actions in the disputed South China Sea.
Regtechtimes on MSN6h
🔋 From Warsaw to Manila: Foreign Firms See Philippines as New Global Hub for Sustainable ManufacturingThe Philippine Economic Zone Authority (PEZA) has gained new interest from global investors, particularly from Poland, after a successful investment mission in Europe. The roadshow, held recently in Warsaw and Gdansk,