Economy
ARTA, DBM target faster government payments for contractors
The Anti-Red Tape Authority (ARTA) and the Department of Budget and Management (DBM) are moving to streamline government payment processes, aiming to ease long-standing cash flow problems that have delayed infrastructure projects and strained contractors doing business with the state.
US safety rules raise compliance stakes for exporters
Philippine exporters shipping consumer goods to the US are being urged to tighten their compliance processes as new electronic product safety filing requirements take effect, raising the bar for companies seeking seamless access to one of the country's largest export markets.
BOI eyes tax fix to unlock aerospace investments
The government is moving to remove tax hurdles that have long weighed on the Philippines' aircraft maintenance, repair and overhaul (MRO) industry, betting that policy tweaks could unlock fresh aerospace investments and keep billions of pesos in business from flying overseas.
Retailers brace for fresh price hikes as costs climb
Retailers are warning of another wave of price increases as surging fuel prices, higher electricity rates and a new minimum wage squeeze businesses already operating on thin margins.
FPI backs Customs reforms, seeks stronger industry partnership
The Federation of Philippine Industries (FPI) said reforms at the Bureau of Customs (BOC) are giving manufacturers a lift, citing tougher anti-smuggling enforcement, faster trade processing and stronger revenue collection as key drivers of a more competitive business environment.
