Economy
Nestlé seeks evidence before higher sugar taxes
Nestlé Philippines is urging the government to take a data-driven, consultative approach to any increase in the tax on sugar-sweetened beverages, arguing that higher levies should be judged by whether they actually improve Filipinos’ health.
San Miguel backs MSMEs through ASEAN partnership
San Miguel Corp. is strengthening support for micro, small, and medium enterprises through a partnership with the ASEAN Business Advisory Council Philippines aimed at expanding business linkages, supply-chain opportunities, and access to regional markets.
Top importers flag BOC clearance, processing delays
Major importers in the Philippines have raised concerns over import clearances, processing delays, and coordination among Bureau of Customs offices, prompting the agency to create a more structured system for resolving operational issues affecting large businesses.
BIR collections beat target by P13.5B in July
The Bureau of Internal Revenue collected P13.53 billion more than its target in the first seven months of 2026, giving the government a stronger revenue base as it pushes reforms to improve tax compliance and enforcement.
Foreign investments surge 68% in 2Q—PSA data
Foreign investments approved in the Philippines surged 68.2 percent year-on-year to P115.20 billion in the second quarter of 2026, signaling stronger overseas interest in the economy even as the job-creation outlook remained less impressive.
