Economy

The Bureau of Customs (BOC) has rolled out a fully automated Electronic Certificate of Payment (e-CP) System aimed at simplifying compliance and accelerating the processing of motor vehicle imports, a move welcomed by major industry groups that rely heavily on predictable customs procedures.

Philippine businesses remain optimistic about long-term growth, but financial executives are exercising greater discipline as global uncertainties persist, according to Carlo Lazatin, president of the Financial Executives Institute of the Philippines (FINEX).

The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. is bringing its decades-long classroom donation program to TikTok in a bid to engage younger audiences. 

Leaders of the Federation of Filipino Chinese Chambers of Commerce and Industry Inc. are turning cautiously optimistic on the Philippine economy, even as geopolitical tensions threaten to drive global oil prices higher.

President Ferdinand Marcos Jr. kicked off a working visit to New York this week, rallying support for the Philippines’ bid for a non-permanent seat on the United Nations Security Council while pushing Manila’s broader diplomatic and economic priorities.