Economy
IT-BPM marches toward 2M jobs exports milestone
The Philippine information technology and business process management (IT-BPM) industry is set to notch another banner year, with employment projected to reach 1.9 million and export revenues expected to hit USD40 billion in 2025, according to the IT and Business Process Association of the Philippines (IBPAP).
Amplefield bets P930M on PEZA warehouse expansion
Amplefield Malvar Inc., a unit of Singapore-listed Amplefield Ltd., is committing P930 million to develop 13 PEZA-ready warehouse buildings at the LIMA Technology Center in Batangas, reinforcing Southern Luzon’s appeal as a manufacturing and logistics hub.
Anglicotech doubles down on APECO defense play
US-based defense supply chain firm Anglicotech LLC has reaffirmed its investment commitment in the Aurora Pacific Economic Zone and Freeport Authority (APECO), signaling sustained confidence in the Philippines as a hub for defense, security, and logistics services.
Business groups back DOF tax audit reforms
Support for reforms initiated by the Department of Finance at the Bureau of Internal Revenue is gaining momentum, with leading business groups hailing the measures as a confidence boost for investors and a reset for tax administration.
PH net external liabilities rise in Q2 2025 as firms, government borrow more — BSA data
The country’s net external liabilities rose by 7.1 percent to ₱3.7 trillion in the second quarter of 2025 from ₱3.5 trillion in the first quarter, based on preliminary Balance Sheet Approach (BSA) data.
