Economy
RBETS reform cuts red tape
The Philippine Chamber of Commerce and Industry (PCCI) is throwing its weight behind a key tax reform under the CREATE MORE law, calling the Bureau of Internal Revenue’s Registered Business Enterprises Taxpayer Service (RBETS) a “critical administrative reform” for investors.
Philippines activates UAE FTA, eyes more
The Philippines has begun rolling out preferential tariffs under its newly signed free trade agreement (FTA) with the United Arab Emirates, as Manila accelerates efforts to seal more trade pacts ahead of hosting ASEAN in 2026.
Luzon Corridor anchors trilateral growth push
The Luzon Economic Corridor is fast becoming the centerpiece of deepening economic ties among the US, Japan, and the Philippines, a senior U.S. diplomat said Tuesday, underscoring its role in reshaping regional supply chains and crowding in private capital.
Ayala Land courts Taiwan’s factory investors
Ayala Land Logistics Holdings Corp. (ALLHC) joined forces with the Philippine Economic Zone Authority (PEZA) and the Philippine Trade and Investment Center in Taipei (PTIC-Taipei) to pitch Philippine industrial parks to Taiwanese firms eyeing Southeast Asian expansion.
Defense dollars, deterrence drive Philippine economic upside
Expanding US support for Philippine defense modernization is shaping up as both a security upgrade and an economic catalyst, even as Manila weighs financing options for a potential multibillion-dollar F-16 fighter jet deal.
