Economy

Philexport pushes stronger reforms on MSME Magna Carta

Business groups are urging lawmakers to strengthen proposed amendments to the Magna Carta for Micro, Small and Medium Enterprises (MSMEs), warning that persistently weak credit access shows decades of policy efforts have fallen short.

PPPI, BCDA partner to make Clark pharma hub

The Philippine Pharma Procurement, Inc. (PPPI) and the Bases Conversion and Development Authority (BCDA) have joined forces to position Clark as a regional hub for pharmaceutical manufacturing and life sciences.

Philexport seeks targeted aid amid energy crunch

The Philippine Exporters Confederation, Inc. (Philexport) on Wednesday urged the government to pair its energy emergency response with targeted support measures, warning that surging fuel costs are squeezing exporters and threatening global competitiveness.

PEZA clears amendment to boost aerospace operations

The Philippine Economic Zone Authority (PEZA) has approved an amendment to the supplemental agreement of B/E Aerospace B.V. – Philippine Branch, a move seen to improve efficiency and ensure continuity in the firm’s export-oriented operations.

Manufacturers activate safeguards amid deepening energy crisis

Philippine manufacturers are rolling out sweeping mitigation measures after the government declared a National Energy Emergency under Executive Order 110, as global energy shocks ripple through the sector.

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