Thai PM Heads Abroad to Boost Trade and Investment

MANILA, Philippines — The Department of Agriculture (DA) is looking to ramp up local dairy production with a P237.9-million laboratory that would allow farmers to breed more female carabaos for milk production. The DA inaugurated the world’s first laboratory dedicated exclusively to sex-sorting buffalo semen on Friday in Muñoz, Nueva Ecija. It uses flow cytometry to

China and ASEAN deepen economic ties through expanded trade agreements like CAFTA 3.0 and RCEP, lowering barriers and fostering cooperation in digital economy, green development, and regional supply chains with surging trade growth.

GENEVA, Switzerland — Developing countries should seize emerging opportunities from global trade system reforms and diversifying global supply chains, according to the World Trade Organization (WTO). WTO Director-General Ngozi Okonjo-Iweala said developing economies should identify and lobby for revisions to existing trade policies rather than complain about them. READ: PH backs careful recalibration of global trade

GENEVA, Switzerland—Net food-importing countries such as the Philippines should keep food trade open while strengthening food security measures to cushion supply disruptions, according to the World Trade Organization’s (WTO) top official. Speaking to foreign journalists here, WTO Director-General Ngozi Okonjo-Iweala said these countries should still adopt domestic food security measures to feed their populations. READ:

MANILA, Phiippines — Local stocks sank below the 5,900 level on Friday as rising treasury yields, elevated oil prices and a weak peso dampened investor appetite. The benchmark Philippine Stock Exchange Index (PSEi) fell 1.72 percent, or 102.73 points, to close at 5,855.91. READ: Diesel seen up by as much as P10.50 per liter next week

MANILA, Philippines — The General Santos City Chamber of Commerce and Industry has expressed support for the proposed deal to inject new capital into South Cotabato II Electric Cooperative (Socoteco II), while calling for safeguards to protect consumer interests. According to a statement approved by its board, the Gensan Chamber said the planned joint venture

Vice President Sara Duterte proposed stronger coordination between the government and the private sector to establish better maritime trade arrangements to drive cross-border employment and economic growth between Mindanao and Borneo.

A party-list representative has filed a resolution seeking an investigation into Meta"s online safety efforts and to look into stricter measures, even a total ban on Facebook, if the social media platform is found ineffective against scams and "fake and exploitative content," according to Maki Pulido's report on "24 Oras."

The Department of Trade and Industry (DTI) said the initial public offering (IPO) of GCash parent Mynt Inc. could help micro, small and medium enterprises (MSMEs) expand their market reach and grow their businesses.

China is showing early signs of stepping up imports of crude oil after months of subdued buying amid the US-Israel war on Iran, threatening to erode a buffer that has helped prevent a larger surge in global oil prices. But analysts do not expect China to quickly return to its pre-war import levels, as elevated crude prices could squeeze margins for Chinese refineries and the country’s stockpiles are still large enough to last for several months. Signs of a rebound in Chinese demand emerged in...

Tesla officials and engineers have begun auditing part of the firm’s Chinese supply chain, as Elon Musk’s company aims to quickly ramp up production of its Optimus humanoid robot after it hits the global market later this year, according to sources with knowledge of the matter. Chinese companies set to undergo supplier audits included heat-control component manufacturer Zhejiang Sanhua Intelligent Controls, auto parts supplier Ningbo Joyson Electronic, and chassis producer Tuopu Group, two...