Foreign business groups are calling on President Ferdinand R. Marcos Jr. to keep economic competitiveness at the heart of his legislative agenda, arguing that the country's next wave of reforms will determine whether it can attract higher-value investments and secure a stronger foothold in regional supply chains.
The Philippine government is strengthening its foreign direct investment (FDI) reporting system by linking key government databases, a move aimed at giving policymakers a clearer picture of investment flows while boosting transparency and investor confidence.
Philippine employers may be managing one of Asia-Pacific's happiest workforces, but younger employees are sending a clear message that salary alone is no longer enough.
The Anti-Red Tape Authority (ARTA) and the Department of Budget and Management (DBM) are moving to streamline government payment processes, aiming to ease long-standing cash flow problems that have delayed infrastructure projects and strained contractors doing business with the state.
Philippine exporters shipping consumer goods to the US are being urged to tighten their compliance processes as new electronic product safety filing requirements take effect, raising the bar for companies seeking seamless access to one of the country's largest export markets.