Car sales in the Philippines increased 12.7 percent year-on-year in the first quarter of 2024, two industry groups said Monday.
The Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) said in a joint report their members sold 109,606 units from January to March this year.
This represented an increase from 97,284 units they delivered in the same period in 2023.
“Year-to-date sales performance was driven...
Washington—US consumer inflation continued to accelerate last month, according to government data published Wednesday, reducing the chances of an early interest rate cut from...
Philippine exports and imports surged in February 2024, marking their fastest growth in 16 months, according to the Philippine Statistics Authority (PSA).
The PSA said...
The Asian Development Bank (ADB) predicted stronger economic growth for the Philippines this year and next, fueled by easing inflation, rising domestic demand and...
The Department of Trade and Industry (DTI) discussed the strategies to implement the E-Commerce Philippines 2024-2028 Roadmap that aims to link local products to...