Economy
Top importers flag BOC clearance, processing delays
Major importers in the Philippines have raised concerns over import clearances, processing delays, and coordination among Bureau of Customs offices, prompting the agency to create a more structured system for resolving operational issues affecting large businesses.
BIR collections beat target by P13.5B in July
The Bureau of Internal Revenue collected P13.53 billion more than its target in the first seven months of 2026, giving the government a stronger revenue base as it pushes reforms to improve tax compliance and enforcement.
Foreign investments surge 68% in 2Q—PSA data
Foreign investments approved in the Philippines surged 68.2 percent year-on-year to P115.20 billion in the second quarter of 2026, signaling stronger overseas interest in the economy even as the job-creation outlook remained less impressive.
US, Japan, Philippines court investors for Luzon corridor
The US, the Philippines, and Japan will bring investors together in Manila in September as they seek to turn the Luzon Economic Corridor into a bigger magnet for private capital and strategic infrastructure projects.
2027 budget targets recovery as economy slows
The government is betting on an economic rebound in 2027, building its proposed P7.2-trillion national budget around faster growth, easing inflation, and a gradual recovery in investment after a bruising year.
