Economy
MBC warns Pax Silica could become missed opportunity
The Philippines could lose out on major investments tied to Pax Silica unless it moves faster to address political resistance, regulatory hurdles, infrastructure gaps, and workforce needs, the Makati Business Club (MBC) warned.
DTI widens export markets as shipments hit record
Philippine exports surged to a record USD54.92 billion in the first seven months of 2026, up 12.9 percent year-on-year, prompting the Department of Trade and Industry (DTI) to widen its push for new markets and overseas buyers for local businesses.
BOI launches digital guidebook to ease investor process
The Board of Investments (BOI) is putting key government requirements for investors into a single digital platform, aiming to make it easier to navigate permits, regulations, and procedures and reduce uncertainty in setting up projects in the Philippines.
BIR tightens risk-based audits to give taxpayers certainty
Businesses are set to face a more targeted tax audit system as the Bureau of Internal Revenue (BIR) shifts taxpayer selection toward measurable compliance risks and tightens rules governing revenue examinations.
Coconut trade fair sales surge threefold to P309.6M
Sales generated by coconut micro, small, and medium enterprises (MSMEs) more than tripled to P309.57 million at this year’s COCONUTPhilippines Trade Fair, pointing to stronger demand for higher-value Philippine coconut products.
