Economy

Gen Z pushes employers to rethink workplace priorities

Philippine employers may be managing one of Asia-Pacific's happiest workforces, but younger employees are sending a clear message that salary alone is no longer enough.

ARTA, DBM target faster government payments for contractors

The Anti-Red Tape Authority (ARTA) and the Department of Budget and Management (DBM) are moving to streamline government payment processes, aiming to ease long-standing cash flow problems that have delayed infrastructure projects and strained contractors doing business with the state.

US safety rules raise compliance stakes for exporters

Philippine exporters shipping consumer goods to the US are being urged to tighten their compliance processes as new electronic product safety filing requirements take effect, raising the bar for companies seeking seamless access to one of the country's largest export markets.

BOI eyes tax fix to unlock aerospace investments

The government is moving to remove tax hurdles that have long weighed on the Philippines' aircraft maintenance, repair and overhaul (MRO) industry, betting that policy tweaks could unlock fresh aerospace investments and keep billions of pesos in business from flying overseas.

Retailers brace for fresh price hikes as costs climb

Retailers are warning of another wave of price increases as surging fuel prices, higher electricity rates and a new minimum wage squeeze businesses already operating on thin margins.

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