IMF slashes PH growth forecast

Washington-based International Monetary Fund (IMF) has again lowered its economic growth forecast for the Philippines for both this year and next, as mounting tariffs are expected to hurt investments into the country and its exports.

- BY DERCO ROSAL

NEW PACT BOOSTS VEHICLE SAFETY, IP PROTECTION IN PH -- The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) has signed the e-commerce memorandum of understanding (MOU) with online platforms Shopee, Lazada, and TikTok Shop, a move witnessed by the Intellectual Property office of the Philippines (IPOPHL). This collaboration aims to protect consumers from counterfeit automotive products and promote vehicle safety across the country. The MOU establishes a Code of Practice and enhances collaboration for effective Notice and Takedown (NTD) procedures against online sales of pirated goods. In photo (from left): Rhys Murillo CAMPI Asst. Treasurer, Regio Ann Pamatian IPOPHL Officer-in-Charge Division Chief, IP Rights Enforcement Office (IEO), Rommel Gutierrez CAMPI President, Nathaniel Arevalo IPOPHL Director General, Christine Pangilinan-Canlapan, IPOPHL Director of Bureau of Legal Affairs & Supervision Director of IEO, and Clara Patricia Vizconde IPOPHL IEO.