Economy

Collins Aerospace expands Batangas facility to boost production

Collins Aerospace, a unit of US-based aerospace and defense giant RTX Corporation, is expanding its operations at the First Philippine Industrial Park (FPIP) in Tanauan City, Batangas.

Tax reform drive gains ground, eyes ecozones

Momentum is building behind the government’s tax reform push, but business leaders say the real test lies in turning policy shifts into felt improvements...

Customs embarks on full digital shift

The Bureau of Customs (BOC) is doubling down on digital reform, placing a new Customs Processing System (CPS) at the center of efforts to make trade faster, cleaner, and more predictable for importers—especially the country’s biggest players.

RBETS reform cuts red tape

The Philippine Chamber of Commerce and Industry (PCCI) is throwing its weight behind a key tax reform under the CREATE MORE law, calling the Bureau of Internal Revenue’s Registered Business Enterprises Taxpayer Service (RBETS) a “critical administrative reform” for investors.

Philippines activates UAE FTA, eyes more

The Philippines has begun rolling out preferential tariffs under its newly signed free trade agreement (FTA) with the United Arab Emirates, as Manila accelerates efforts to seal more trade pacts ahead of hosting ASEAN in 2026.

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