Economy

PH competitiveness gains hinge on faster reforms, digital push

The Philippines’ rise to 47th out of 70 economies in the 2026 IMD World Competitiveness Yearbook marks a notable step forward, but sustaining the momentum will depend on deeper structural reforms, stronger institutions, and accelerated digitalization of government services, according to the Anti-Red Tape Authority (ARTA).

Don Quijote expands hunt for Philippine exports

More Philippine food brands may soon land on the shelves of Japan’s iconic Don Quijote stores and its overseas outlets, opening fresh export channels...

BOC tightens grip on abandoned perishables cargo

The Bureau of Customs is stepping up enforcement against abandoned and aging perishable shipments, warning importers that and consignees to immediately settle duties, complete requirements, and withdraw cargo or face delinquency proceedings.

DTI urges firms to tap Russia opportunities 

Philippine businesses, farmers, and investors should look beyond traditional markets and seize emerging opportunities in Russia, particularly in agriculture, energy, innovation, and tourism, according to Trade Undersecretary Allan Gepty.

BOI, MinDA team up to unlock investments 

The Board of Investments (BOI) and the Mindanao Development Authority (MinDA) have strengthened their partnership to fast-track investments and position Mindanao as a major driver of economic growth in the Philippines.

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