Economy
JPEPA at 20 spurs Philippines-Japan trade push
The Philippines’ envoy to Japan expressed hope that President Ferdinand Marcos Jr.’s visit to Tokyo will further strengthen bilateral ties, emphasizing decades of close cooperation between the two nations.
BIR unveils portal to simplify corporate taxes
The government is stepping up its digital reform drive to make tax compliance faster, simpler, and less burdensome for the country’s biggest taxpayers, with the Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) launching a centralized Taxpayer Portal for firms under the Large Taxpayers Service (LTS).
Panhua expands Philippine steel investment plan to $3.5B
The Philippines’ drive to strengthen its domestic manufacturing base gained fresh momentum after Chinese steel giant Panhua Group Co., Ltd. expanded its planned investment in the country to USD3.5 billion, signaling rising foreign investor confidence in the local industrial sector.
Philippine Manufacturing Week 2026 unites key industries
The Philippine manufacturing sector is set for a major boost with the launch of Philippine Manufacturing Week 2026, a unified B2B platform combining two major industry gatherings: the Auto Parts and Vehicles Expo Philippines (APVE Expo 2026) and the Philippine Die and Mould Machineries and Equipment Exhibition (PDMEX 2026).
British Chamber backs pork import reforms, lower tariffs
The British Chamber of Commerce of the Philippines said the government’s decision to maintain lower tariffs on pork imports and revisit the Minimum Access Volume (MAV) system could strengthen agricultural trade between the United Kingdom and the Philippines while helping stabilize domestic food prices.
