April, 2025

• 13 April

  20th Manila International Auto Show 2025 Driven By Connections

  

  The Manila International Auto Show 2025 opened up its 20th year celebration last Thursday at the World Trade Center in Pasay City with the theme “Driven by Connection” highlighting the efforts of the organizing Worldbex Services International in making connections with the international car brands, partners, and visitors the past 19 years.  Worldbex founding chairman Joseph Ang led in welcoming …

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• 13 April

  All-Inclusive Sales booths display quality products

  

  All-Inclusive Sales, Inc. proudly joined the Manila International Auto Show 2025 by bringing together some of the most trusted names in automotive replacement parts and supplies under various booths that were simply packed with buyers and car enthusiasts during the 4-day affair. As a key player in the aftermarket distribution industry, All-Inclusive Sales featured quality products from Bendix, Bluechem, KYB, …

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• 13 April

  DTI hailed for pushing digital innovation of MSMEs

  

  President Ferdinand R. Marcos Jr. last week commended the Department of Trade and Industry (DTI) for spearheading initiatives that drive digital innovation and promote inclusive economic growth, particularly through its Bagong Pilipinas Marketplace. Designed as a business-to-business (B2B) e-commerce platform, the Bagong Pilipinas Marketplace puts a spotlight on “Proudly Filipino” products and services. It aims to support advancements in product …

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• 13 April

  Marcos economic czar to negotiate US tariff on Philippine goods

  

  Special Assistant to the President for Investment and Economic Affairs (SAPIEA) Frederick Go will travel to the United States to negotiate the 17-percent tariff imposed by the Trump administration on certain Philippine goods entering the American market. Speaking to Palace reporters, Go shared that the Philippine government had received a “positive response” from the US Trade Representative (USTR) regarding its …

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• 13 April

  Bureau of Internal Revenue intensifies drive vs. tax evaders in vape, cigarette industries

  

  The Bureau of Internal Revenue (BIR) is ramping up enforcement operations targeting both emerging and long-standing sources of tax evasion, particularly within the vape and tobacco industries. In a news release on Thursday, BIR Commissioner Romeo Lumagui Jr. emphasized that this initiative is part of the Marcos administration’s comprehensive effort to tackle illicit trade, prevent revenue loss, and address public …

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• 13 April

  BOC seizes P28.7-M worth of misdeclared sugar from Vietnam

  

  The Bureau of Customs (BOC) on Thursday spearheaded the inspection of 14 seized 20-foot container vans loaded with misdeclared refined sugar from Vietnam, with an estimated market value of P28.72 million. Customs Commissioner Bienvenido Rubio led the inspection of the intercepted agricultural shipment, which was flagged for violating customs regulations and other applicable laws, according to a BOC press release. …

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• 13 April

  PEZA, BDO forge alliance to boost foreign investments

  

  By Tracy Cabrera In an effort to boost the Philippines’ competitiveness as an investment hub, the Philippine Economic Zone Authority (PEZA) has forged a memorandum of understanding (MoU) with Banco de Oro Unibank Inc. (BDO) to help accelerate foreign direct investments and drive national economic progress. The agreement was formalized by PEZA Director General Tereso Panga and BDO Executive Vice …

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• 13 April

  BSP cuts interest rates by 25 basis points

  

  The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) resumed its easing cycle on Thursday, cutting interest rates by another 25 basis points amid decelerating inflation. The latest cut brings the BSP’s target reverse repurchase (RRP) rate to 5.50 percent, a reduction of 25 basis points. The interest rates on the overnight deposit and lending facilities were also adjusted …

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• 13 April

  ADB maintains 2025 GDP growth forecast

  

  The Asian Development Bank (ADB) has retained its 2025 economic growth forecast for the Philippines at 6 percent for gross domestic product (GDP) while lowering its inflation projection. In its Asian Development Outlook (ADO) April 2025, the ADB kept its GDP forecast unchanged from the December 2024 report, which was higher than the 5.6 percent growth recorded in 2024. However, …

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• 13 April

  PAGCOR donates P90M for new dialysis center in Pampanga

  

  GUAGUA, Pampanga –  The Philippine   Amusement  and Gaming  Corporation   (PAGCOR)  joined the Provincial Government of Pampanga last Friday,   April 11, for the inauguration  of the   new   Pampanga   Provincial  Dialysis Center in a major boost for accessible healthcare in the province. PAGCOR  donated  over P90-million   for the project to procure 40 dialysis   machines …

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