Economy
Palace says revenues can cover debt as ProGRESS advances
The Philippine government has enough revenues to service its debt even without the proposed ProGRESS tax package, Malacañang said Monday, as the Marcos administration pushes reforms to strengthen fiscal capacity and provide targeted tax relief.
Philippines seeks deeper China ties despite tensions, Go says
The Philippines wants to deepen trade and investment ties with China despite geopolitical tensions, Finance Secretary Frederick Go said, citing Beijing’s role as the country’s biggest import source and a key provider of technology for infrastructure projects.
Philippines targets 75% domestic borrowing to curb FX risks
The Philippines plans to source up to 75 percent of its government borrowing from the domestic market as it seeks to limit foreign-exchange risks while bringing down its budget deficit and easing taxes on workers and small businesses.
Aboitiz eyes LIMA talent model for Luzon corridor, Pax Silica
The Aboitiz Group is looking to replicate LIMA Estate’s integrated approach to industry, infrastructure, and workforce development across the Luzon Economic Corridor, as the Philippines prepares to compete for investments in advanced manufacturing, artificial intelligence, and other emerging industries.
PH CFOs seek bigger role as AI gaps limit value
Philippine chief financial officers want a bigger role in shaping corporate growth, but gaps in investment authority, technology readiness, and skills are limiting their ability to drive value creation, according to the latest EY Global DNA of the CFO survey.
