Economy

Philippines eyes Japan, Canada trade deals soon

The Philippines is accelerating talks on two major trade fronts, aiming to conclude an updated economic partnership agreement with Japan by November while edging closer to a free trade deal with Canada as the Marcos administration pushes to expand export markets and attract more investments.

WTO backs Philippines’ reform push amid uncertainty

The World Trade Organization (WTO) has thrown its support behind the Philippines' economic reform agenda, with Director-General Ngozi Okonjo-Iweala urging the country to sustain policy momentum as rising geopolitical tensions and a fragile global economy continue to test international trade.

Business group cheers BIR shift toward simpler taxes

The Philippine Chamber of Commerce and Industry (PCCI) believes the Bureau of Internal Revenue (BIR) may finally be turning a page on one of the private sector's longest-running frustrations: a tax system often seen as costly to comply with and difficult to navigate.

Marcos eyes Canadian capital for next-generation industries

President Ferdinand R. Marcos Jr. is heading to Canada next week with an investment-heavy agenda, seeking to translate growing bilateral ties into fresh capital for industries expected to shape the Philippines' next phase of economic growth.

ECCP sees BIR audit overhaul boosting business confidence

The European Chamber of Commerce of the Philippines (ECCP) has thrown its support behind the Bureau of Internal Revenue’s (BIR) latest audit reforms, saying...

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