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Top importers flag BOC clearance, processing delays

Major importers in the Philippines have raised concerns over import clearances, processing delays, and coordination among Bureau of Customs offices, prompting the agency to create a more structured system for resolving operational issues affecting large businesses.

Manila Water’s East Bay project to add 200 MLD water supply capacity

Manila Water is set to boost water security for customers in its East Zone, with the ₱7.84-billion East Bay Phase 2 Water Supply System Project scheduled for completion this September.

BIR collections beat target by P13.5B in July

The Bureau of Internal Revenue collected P13.53 billion more than its target in the first seven months of 2026, giving the government a stronger revenue base as it pushes reforms to improve tax compliance and enforcement.

BSP ties up with Berdeng Kalabaw for better sustainable waste management

The Bangko Sentral ng Pilipinas (BSP) and social enterprise Berdeng Kalabaw signed a memorandum of agreement on July 30, 2026, to boost sustainable waste management practices within the central bank.

President Marcos orders faster development of Sangley airport

President Ferdinand R. Marcos Jr. has ordered government agencies to accelerate the development of Sangley Point International Airport in Cavite, seeking to clear regulatory and administrative bottlenecks that have delayed the long-planned alternative gateway to Metro Manila.

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Makro secures four Ayala Land sites for expansion

Makro Philippines is accelerating its Luzon expansion after securing four strategic sites from Ayala Land Inc., giving the wholesale retailer access to major growth corridors in Metro Manila and Southern Luzon.

Sugar imports only a market tool, not policy — DA chief

Agriculture Secretary Francisco P. Tiu Laurel Jr. clarified that sugar importation is not administration policy but a temporary tool to stabilize prices and supply, as the government prioritizes technology and innovation to build a stronger, self-reliant domestic sugar industry.

R&I affirms Philippines A- rating, stable outlook

Japan-based Rating and Investment Information, Inc. (R&I) has affirmed the Philippines’ A- investment-grade credit rating with a stable outlook, citing resilient economic fundamentals, improving fiscal conditions, and manageable external risks.

Ex-Transporation chief elected to San Miguel board 

San Miguel Corp. has elected former Transportation Secretary and Philippine Airlines president Jaime J. Bautista as an independent director, adding a veteran of the aviation, finance, and government sectors to the conglomerate’s board.
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