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Canada FTA talks targeted to start in early 2026

Business World Philippines

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November 26, 2025

THE PHILIPPINES and Canada could start negotiations for a free trade agreement (FTA) early next year, with the talks possibly concluding before next year ends, the Department of Trade and Industry (DTI) said.

Trade Undersecretary Allan B, Gepty said the first round of negotiations could kick off as early as the first quarter.

“The announcement for the exploratory talks was done last year ... the timeline is before year’s end (to) finish the reference paper, and then after that is the announcement of the negotiations,” he told reporters late Monday.

“The directive to us is to conclude the negotiation also next year,” he added.

‘An FTA with Canada is among the agreements the Philippines is working on to diversify its export markets,

“We will have to really work hard; that is why we are hoping to finish (the other pending) negotiations so we will have more time next year,” he added.

Mr. Gepty is set to meet with his Canadian counterpart to discuss the terms of reference within the week.

“We have to finalize the schedule of commitments. But offhand, the strategy is more of diversification, so basically what you can export to the US, you can also export to Canada,” he said.

Business World Philippines'den DAHA FAZLA HİKAYE

Business World Philippines

Business World Philippines

Ayala Land raises P4 billion from block sale of AREIT ahead of asset infusion

AYALA LAND, INC.raised P4. 19 billion from a block sale of 100 million shares in its real estate investment trust AREIT, Inc. , as it prepares to inject mall properties into the trust.The shares were sold at P41.90 each through a placement managed by UBS AG Singapore Branch, BPI Capital Corp. and Maybank Securities Pte. Ltd., the listed Philippine developer said in a stock exchange filing on Wednesday.

time to read

1 min

November 27, 2025

Business World Philippines

OSAPIEA to disband after Go transfers to DoF

PRESIDENT Ferdinand R.Marcos, Jr. will dissolve the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) following the appointment of Secretary Frederick D. Go to the Department of Finance (DoF), Malacafiang said on Wednesday.

time to read

1 mins

November 27, 2025

Business World Philippines

Frozen assets linked to flood control scandal reach nearly P12 billion

PRESIDENT Ferdinand R.Marcos, Jr. on Wednesday said more assets linked to the flood control scandal have been frozen, bringing the total so far to around P12 billion.“This is only the start. More assets will be frozen to return the people’s money to them,” Mr, Marcos said in mixed Filipino and English in avideo posted on his Facebook page.

time to read

2 mins

November 27, 2025

Business World Philippines

Security Bank’s sustainability loan disbursements near P100B as of Oct.

SECURITY BANK Corp.has disbursed P99. 4 billion in sustainability loans as of October, exceeding its full-year target by 18%.Majority of the disbursements or P69.9 billion went to green initiatives, financing 1.37 gigawatts of additional renewable energy capacity from solar and wind projects, four green-certified buildings, and the rehabilitation of 8 kilometers of electric train rails in Metro Manila.

time to read

1 min

November 27, 2025

Business World Philippines

DA probes slow imports of red onions as prices soar past P300 per kilo

THE Department of Agriculture (DA) said it has ordered importers to explain the slow arrival of red onion shipments, warning that unused import permits will be canceled and reallocated as retail prices climbed above P300 per kilo ahead of the holiday season.

time to read

1 mins

November 27, 2025

Business World Philippines

A welcome relief: BIR suspends audit and field audit operations

“We have seen a significant rise in the Bureau of Internal Revenue’s (BIR) revenue collection targets over the years, as the government’s budget requirements continue to grow.

time to read

4 mins

November 27, 2025

Business World Philippines

DHL Summit adds 45 EVs to boost PHL fleet

DHL SUMMIT Solutions, Inc., has added 45 electric vehicles (EV) and prime movers to its fleet, strengthening last-mile delivery operations and advancing sustainability initiatives.

time to read

1 min

November 27, 2025

Business World Philippines

Exit door

MUCH ATTENTION is given to where the entrance to a mall or office is located.

time to read

3 mins

November 27, 2025

Business World Philippines

Business World Philippines

PHL manufacturers need to move up the value chain

PHILIPPINE MANUFACTURERS should go up the value chain to produce more globally competitive export products and cater to the country’s growing domestic base amid global disruptions, according to industry stakeholders.

time to read

3 mins

November 27, 2025

Business World Philippines

The coquette has grown up

Lartizan opens new flagship

time to read

1 mins

November 27, 2025

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