Economy
Manila hosts trilateral push for Luzon Corridor
Manila is set to host a milestone for regional economic cooperation as the fourth Steering Committee Meeting of the Luzon Economic Corridor convenes in May 2026, gathering senior officials from the Philippines, the US, and Japan to accelerate implementation of the flagship initiative.
DTI pushes exporters to pursue US duty refunds
The Department of Trade and Industry (DTI) is urging Philippine exporters to coordinate closely with their US partners to recover duties collected under the US International Emergency Economic Powers Act (IEEPA), as American authorities activate a formal refund mechanism.
BIR reform push shows early gains, gaps
The Bureau of Internal Revenue (BIR) is beginning to show early results from its five-pillar reform program, Commissioner Charlito Martin Mendoza told members of the European Chamber of Commerce of the Philippines (ECCP) during a high-level dialogue held with Deloitte Philippines at Dusit Thani Manila.
Business, gov’t leaders call for urgent action on PH development goals
More than 200 leaders from business, government, academe, and civil society gathered at the University of the Philippines BGC Campus in Taguig City for a conference aimed at turning national development plans into concrete action.
Zobel eyes 5% growth, rebound as risks ease
Jaime Augusto Zobel de Ayala, chairman of Ayala Corp., struck a cautiously optimistic tone on the Philippines’ economic outlook, projecting a rebound as near-term risks begin to ease and structural strengths remain intact.
