Economy

Business group cheers BIR shift toward simpler taxes

The Philippine Chamber of Commerce and Industry (PCCI) believes the Bureau of Internal Revenue (BIR) may finally be turning a page on one of the private sector's longest-running frustrations: a tax system often seen as costly to comply with and difficult to navigate.

Marcos eyes Canadian capital for next-generation industries

President Ferdinand R. Marcos Jr. is heading to Canada next week with an investment-heavy agenda, seeking to translate growing bilateral ties into fresh capital for industries expected to shape the Philippines' next phase of economic growth.

ECCP sees BIR audit overhaul boosting business confidence

The European Chamber of Commerce of the Philippines (ECCP) has thrown its support behind the Bureau of Internal Revenue’s (BIR) latest audit reforms, saying...

Trade reform keep growth momentum firmly on course

The Philippines is edging closer to upper-middle-income status, with years of trade and investment reforms continuing to pay economic dividends. The World Trade Organization...

Monde M.Y. San to invest P5B in new factory

Monde M.Y. San Corp. is investing more than P5 billion in a new manufacturing facility inside a Philippine Economic Zone Authority (PEZA) ecozone, reinforcing confidence in the country's manufacturing sector despite a challenging global business environment.

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