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Finance Secretary Frederick Go said the government’s 2027 budget will prioritize fiscal discipline and higher-impact spending as the administration works to sustain economic growth while reducing the deficit and managing debt levels.

The Management Association of the Philippines has flagged tax administration issues with the Bureau of Internal Revenue, prompting the agency to explore further reforms aimed at making compliance simpler, more predictable, and more responsive to businesses.

Aboitiz Economic Estates is preparing to invest about P7 billion in LIMA Estate in Batangas as sustained demand for office space drives the expansion of its commercial business district.

The Department of Agriculture (DA) has welcomed the creation of United Ube PH Association Inc., a unified national group aiming to strengthen and expand the Philippine ube industry. Formed following a July meeting convened by Agriculture Secretary Francis Tiu Laurel Jr., the organization secured official registration with the Securities and Exchange Commission this month as a non-stock, non-profit entity. It unites farmers, cooperatives, processors, traders, exporters, researchers, and government representatives across Luzon, Visayas, and Mindanao.

Nestlé Philippines has expressed optimism over the Department of Agriculture’s new dedicated office for coffee development, saying the unit will deliver stronger, more focused government support for the local industry.