Economy
BOI eyes tax fix to unlock aerospace investments
The government is moving to remove tax hurdles that have long weighed on the Philippines' aircraft maintenance, repair and overhaul (MRO) industry, betting that policy tweaks could unlock fresh aerospace investments and keep billions of pesos in business from flying overseas.
Retailers brace for fresh price hikes as costs climb
Retailers are warning of another wave of price increases as surging fuel prices, higher electricity rates and a new minimum wage squeeze businesses already operating on thin margins.
FPI backs Customs reforms, seeks stronger industry partnership
The Federation of Philippine Industries (FPI) said reforms at the Bureau of Customs (BOC) are giving manufacturers a lift, citing tougher anti-smuggling enforcement, faster trade processing and stronger revenue collection as key drivers of a more competitive business environment.
DTI touts P12.9B MSME loan fund, export push
The Department of Trade and Industry (DTI) is sweetening the deal for micro, small and medium enterprises (MSMEs), pairing a P12.9B loan fund with stronger export support as it pushes more Filipino businesses to scale up and compete globally.
BIR, Customs unite to cut exporters’ compliance costs
The country's two biggest revenue agencies are stepping up efforts to make exporting faster and less costly, with the Bureau of Customs (BOC) and the Bureau of Internal Revenue (BIR) rolling out reforms aimed at cutting red tape, expanding digital services and improving the ease of doing business.
