Indonesia’s biodiesel program saved an estimated USD 40.7 billion in foreign exchange between 2020 and 2025. B50 is projected to add USD 10.84 billion in 2026 alone.
Saudi Arabia’s April crude supply to Asia is down 38.6% from February levels. Refineries across Southeast Asia are now competing for a narrower pool of Arab Light from a single Red Sea port.
President Bongbong Marcos aims to enhance Philippines-Peru relations, emphasizing the importance of alliances and partnerships in rebuilding post-pandemic economies.
The Philippines and more than ten partner countries signed a historic supply chain agreement, paving the way for a clean, fair, and prosperous Indo-Pacific economy.
The Philippine government urges the Asia-Pacific Economic Cooperation to bridge the digital divide and finance infrastructure projects for a connected global economy.
President Bongbong Marcos urges APEC to address economic gaps, prioritize sustainability, and collaborate for equitable development, emphasizing resilience and inclusivity.