Economy

Cash remittances from overseas  Filipinos (OFs) kept growing in April 2026, showing remarkable resilience even as global economic conditions remain difficult.

The Bureau of Internal Revenue (BIR) posted stronger-than-expected revenue collections in May, buoyed by the extended tax filing season and continued taxpayer compliance despite disruptions caused by the recent energy crisis.

The Intellectual Property Office of the Philippines (IPOPHL) is pushing for tighter enforcement, stronger inter-agency coordination, and targeted legal reforms as the country's counterfeit trade increasingly migrates from shopping centers to online marketplaces.

As consumers become more selective and shopping journeys increasingly blur between online and offline channels, Philippine retail leaders are betting that experience—not just price or convenience—will define the industry's next phase of growth.

The Philippines is strengthening its credentials as a hub for high-value manufacturing after Swiss dental technology firm Ivoclar Vivadent expanded its local operations with a new production facility in Batangas, signaling continued foreign investor confidence in the country’s skilled workforce and industrial base.