Wednesday, 04 February 2026, 1:24 am

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    Business titans bet on Philippines’ enduring resilience in face of political turmoil

    Amid yet another round of political upheaval—this time sparked by widespread corruption in infrastructure projects—leading Filipino business leaders remain confident that once the noise subsides, the Philippines will again find its path to growth, its resilience tempered by decades of far darker shocks.

    Temporary halt on BIR audits signals policy overhaul

    The Bureau of Internal Revenue (BIR), under the direct supervision of newly minted Finance Secretary Frederick D. Go, on Monday announced the immediate and temporary suspension of all field audits and related operations, including the issuance of Letters of Authority (LOAs) and Mission Orders (MOs), following widespread taxpayer concerns over audit practices.

    Retail sales seen hitting P6.5 trillion in 2025, driven by food, e-commerce

    The country's retail sector is expected to grow 5.7 percent this year, reaching $110 billion, or P6.5 trillion, according to a new report from the USDA’s Foreign Agricultural Service (FAS) in Manila. Food and beverage sales will account for the biggest share, climbing 5.1 percent to $62 billion (3.65 trillion.

    Energy security, farmer welfare cited in push to maintain biodiesel blend

    The Philippine Biodiesel Association (TPBA) is urging the government to weigh the full benefits of biofuels as lawmakers deliberate on House Bill 4151, or the Murang Langis Act, which would allow the President to suspend the mandated coco-biodiesel blend when blended diesel becomes at least five percent more expensive than pure diesel. The group said it recognizes the bill’s intention to protect consumers but stressed the need to assess its broader effects on motorists, farmers, and public health.

    Regulators charting hidden risk pathways across economy 

    The Financial Stability Coordination Council (FSCC) has named the full mapping of corporate linkages across the Philippines as a central initiative for 2026—an effort it says is critical for understanding how financial shocks could spread through the economy.

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