Trade & Investments
Philippines courts Japanese capital with banking alliance
The Philippines is sharpening its pitch for Japanese capital, formalizing a three-way partnership between the Board of Investments (BOI), Sumitomo Mitsui Banking Corp. (SMBC), and Rizal Commercial Banking Corp. (RCBC).
Casiguran eyed as Philippines’ next pharma hub
Casiguran, Aurora may soon emerge as a strategic node in the Philippines’ pharmaceutical supply chain, as the Aurora Pacific Economic Zone and Freeport Authority (APECO) and the Philippine Pharmaceutical Procurement Inc. (PPPI) begin exploring plans for a dedicated pharma investment hub.
DTI pushes exporters to pursue US duty refunds
The Department of Trade and Industry (DTI) is urging Philippine exporters to coordinate closely with their US partners to recover duties collected under the US International Emergency Economic Powers Act (IEEPA), as American authorities activate a formal refund mechanism.
E-TRACC exemption cuts costs, speeds export shipments
The Philippine Economic Zone Authority (PEZA) welcomed a recent policy shift by the Bureau of Customs (BOC) exempting qualified exporters from the Electronic Tracking of Containerized Cargo (E-TRACC) system, saying the move will reduce costs and streamline cargo flows.
Clark eyes unified tourism push after record year
The Clark Development Corp. (CDC) is calling for a unified tourism strategy across Metro Clark following a banner 2025 that saw visitor arrivals hit 32.6 million and generate P43.47 billion in receipts.
