- The bloodbath on the local stock market continued on Friday in the aftermath of US President Donald Trump"s announcement of fresh sweeping reciprocal tariffs across the globe, which includes the Philippines.
- President Ferdinand "Bongbong" Marcos Jr. has directed the creation of an advisory council tasked to improve and ensure the global competitiveness of the Philippines' semiconductor and electronics industry.
- The Management Association of the Philippines (MAP) on Friday expressed concern on the potential impact of US President Donald Trump"s fresh wave of reciprocal tariffs across over 100 countries, including the Philippines which was slapped with a 17% levy on its goods entering America.
- Rice prices continue decline in March
- The Philippines inflation rate continued its deceleration streak for the second straight month, slowing down below 2% in March, due to easing of movements of food and transport costs, the Philippines Statistics Authority (PSA) reported on Friday.
- Gasoline and diesel prices are expected to increase next week while kerosene may also have a hike or a rollback.
- Wall Street benchmarks slumped on Thursday, ending with the largest single-day percentage losses in years, as U.S. President Donald Trump's sweeping tariffs ignited fears of an all-out trade war and a global economic recession.
- US President Donald Trump's worldwide tariff salvo could lead to an overall contraction of around 1 percent in global merchandise trade volumes this year, the WTO chief warned Thursday.
- The Philippines will remain resilient against trade wars but the country is looking to woo foreign investors into expanding or relocating their businesses amid the possible supply chain disruptions to be brought about by the reciprocal tariffs announced by US President Donald Trump.
- Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go on Thursday brushed off the impact of US President Donald Trump's imposition of 17% tariff on Philippine goods entering America, seeing it as a boon rather than a bane for the country's economic future.