Economy

Momentum is building behind the government’s tax reform push, but business leaders say the real test lies in turning policy shifts into felt improvements...

The Bureau of Customs (BOC) is doubling down on digital reform, placing a new Customs Processing System (CPS) at the center of efforts to make trade faster, cleaner, and more predictable for importers—especially the country’s biggest players.

The Philippine Chamber of Commerce and Industry (PCCI) is throwing its weight behind a key tax reform under the CREATE MORE law, calling the Bureau of Internal Revenue’s Registered Business Enterprises Taxpayer Service (RBETS) a “critical administrative reform” for investors.

The Philippines has begun rolling out preferential tariffs under its newly signed free trade agreement (FTA) with the United Arab Emirates, as Manila accelerates efforts to seal more trade pacts ahead of hosting ASEAN in 2026.

The Luzon Economic Corridor is fast becoming the centerpiece of deepening economic ties among the US, Japan, and the Philippines, a senior U.S. diplomat said Tuesday, underscoring its role in reshaping regional supply chains and crowding in private capital.