Economy
FedEx deepens commitment to Clark logistics hub
Federal Express is investing USD240 million to expand its hub at the Clark Aviation Complex, while the Bases Conversion and Development Authority is allocating P7 billion for supporting airside infrastructure, underscoring Clark’s growing role as a key logistics gateway in Southeast Asia.
Inflation creeps up in January as bills bite back
Headline inflation in the Philippines nudged higher to 2.0 percent in January, a gentle but telling start to the year.
Japan, Philippines agree in principle on new tax treaty
Japan and the Philippines have agreed in principle to replace their existing tax treaty, marking the first major update to the agreement in nearly 20 years.
PCCI backs BIR’s modernized audit reforms, urges consistent rollout
The Philippine Chamber of Commerce and Industry (PCCI) has welcomed the Bureau of Internal Revenue’s (BIR) move to lift the suspension on tax enforcement activities and roll out a modernized audit framework, calling the reforms a major step toward a more transparent, predictable, and fair tax system.
TP opens 2nd Davao City site, pushes Mindanao expansion
TP in the Philippines, formerly Teleperformance, has opened TP Davao Uprise, its second site in Davao City and fourth across Mindanao, underscoring its aggressive expansion in regional digital services hubs.
