Economy
OFW ranks fall in 2025 as women still dominate workforce
The number of Filipinos working abroad fell by 138,000 to 2.05 million in April to September 2025, with women still making up nearly six in 10 of the country’s overseas workforce, the Philippine Statistics Authority said.
Asia-Pacific firms accelerate supply chain shifts as tariffs mount — Citi
Asia-Pacific companies are facing growing pressure to relocate supply chains as tariffs reshape global trade, while businesses worldwide are placing greater emphasis on unlocking cash tied up in operations, according to a new report by Citi Institute.
FedEx’s $100-million Clark expansion to boost Philippine exports
FedEx’s planned USD100-million expansion of its Clark Gateway Hub in Pampanga is expected to strengthen the Philippines’ air cargo network, create jobs and improve exporters’ access to international markets as the country seeks to expand its role in global trade.
BIR tightens tax collection oversight in electricity spot market
The Bureau of Internal Revenue (BIR) has tightened tax collection oversight in the Wholesale Electricity Spot Market (WESM), assigning the market operator direct responsibility for withholding and remitting taxes on electricity transactions in a move aimed at improving compliance and accountability.
PEZA eyes record investments a billion-dollar projects advance
The Philippine Economic Zone Authority (PEZA) expects to exceed its P300-billion investment target this year, citing a pipeline of major projects in semiconductors, aviation, electronics and hyperscaler-related solutions.
