Economy

The Tourism Promotions Board (TPB) Philippines generated a total of P63.4 million in potential sales leads during its participation in ITB China 2026, held in Shanghai, China from May 26 to 28.

Cash remittances from overseas  Filipinos (OFs) kept growing in April 2026, showing remarkable resilience even as global economic conditions remain difficult.

The Bureau of Internal Revenue (BIR) posted stronger-than-expected revenue collections in May, buoyed by the extended tax filing season and continued taxpayer compliance despite disruptions caused by the recent energy crisis.

The Intellectual Property Office of the Philippines (IPOPHL) is pushing for tighter enforcement, stronger inter-agency coordination, and targeted legal reforms as the country's counterfeit trade increasingly migrates from shopping centers to online marketplaces.

As consumers become more selective and shopping journeys increasingly blur between online and offline channels, Philippine retail leaders are betting that experience—not just price or convenience—will define the industry's next phase of growth.