Economy
BOI eyes clearing auto tax backlog
The Board of Investments (BOI) is confident it can finally make a major dent in nearly P5 billion worth of unpaid auto tax credits, after the government restored funding for the Comprehensive Automotive Resurgence Strategy (CARS) Program in the proposed 2026 national budget.
Taiwan Direct-Hire Center Promises Fairer Filipino Jobs
The Manila Economic and Cultural Office (MECO) has welcomed Taiwan’s plan to set up its first cross-border recruitment center in the Philippines, a move that could reshape how Filipino workers access overseas jobs and how much they pay to get there.
IT-BPM marches toward 2M jobs exports milestone
The Philippine information technology and business process management (IT-BPM) industry is set to notch another banner year, with employment projected to reach 1.9 million and export revenues expected to hit USD40 billion in 2025, according to the IT and Business Process Association of the Philippines (IBPAP).
Amplefield bets P930M on PEZA warehouse expansion
Amplefield Malvar Inc., a unit of Singapore-listed Amplefield Ltd., is committing P930 million to develop 13 PEZA-ready warehouse buildings at the LIMA Technology Center in Batangas, reinforcing Southern Luzon’s appeal as a manufacturing and logistics hub.
Anglicotech doubles down on APECO defense play
US-based defense supply chain firm Anglicotech LLC has reaffirmed its investment commitment in the Aurora Pacific Economic Zone and Freeport Authority (APECO), signaling sustained confidence in the Philippines as a hub for defense, security, and logistics services.
