Trade & Investments
BOC posts record July collections amid stronger enforcement
The Bureau of Customs (BOC) collected a record P95.848 billion in July, its highest monthly revenue haul on record, as stronger customs enforcement and improved trade facilitation continued to bolster government revenues.
Philippine exports hit record as electronics drive surge
Philippine merchandise exports surged to a record USD8.8 billion in June, the highest monthly level since official records began in 1991, fueled by booming electronics shipments and strengthening global demand for advanced manufacturing products.
MAP backs Pax Silica with safeguards for national interest
The Management Association of the Philippines (MAP) has thrown its support behind the proposed Pax Silica Initiative, calling it one of the country's biggest economic opportunities in decades while urging the government to negotiate from a position of strength and ensure robust safeguards protect national interests.
EU-Philippines partnership boosts trade, investment prospects
The European Chamber of Commerce of the Philippines (ECCP) expects stronger trade and investment flows after the European Union and the Philippines formally elevated their relationship to an Enhanced Partnership, a move that adds momentum to ongoing negotiations for a bilateral free trade agreement.
Marcos says Philippines ‘will not yield’ on West Philippine Sea
President Ferdinand Marcos Jr. delivered one of the strongest foreign policy messages of his administration on Monday, declaring that the Philippines "will not yield" in defending its sovereignty and reaffirming the country's commitment to the landmark 2016 Arbitral Award on the West Philippine Sea.
