Economy
Basque mission opens new investment frontiers
The Philippines is casting a wider investment net in Spain, with a recent mission to the Basque Country uncovering fresh opportunities in maritime industries, clean energy, and biotechnology.
BIR offers ‘clean slate’ tax reset for micro firms
The Bureau of Internal Revenue (BIR) has rolled out a one-time tax amnesty-style program for micro taxpayers, offering thousands of small businesses a chance...
PH competitiveness gains hinge on faster reforms, digital push
The Philippines’ rise to 47th out of 70 economies in the 2026 IMD World Competitiveness Yearbook marks a notable step forward, but sustaining the momentum will depend on deeper structural reforms, stronger institutions, and accelerated digitalization of government services, according to the Anti-Red Tape Authority (ARTA).
Don Quijote expands hunt for Philippine exports
More Philippine food brands may soon land on the shelves of Japan’s iconic Don Quijote stores and its overseas outlets, opening fresh export channels...
BOC tightens grip on abandoned perishables cargo
The Bureau of Customs is stepping up enforcement against abandoned and aging perishable shipments, warning importers that and consignees to immediately settle duties, complete requirements, and withdraw cargo or face delinquency proceedings.
