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Asia-Pacific firms accelerate supply chain shifts as tariffs mount — Citi

Asia-Pacific companies are facing growing pressure to relocate supply chains as tariffs reshape global trade, while businesses worldwide are placing greater emphasis on unlocking cash tied up in operations, according to a new report by Citi Institute.

BPI wins honors at Alpha Southeast Asia Awards 2026

The Bank of the Philippine Islands (BPI) earned eight top awards at the Alpha Southeast Asia Awards 2026, one of the region’s most prestigious financial honors.

FedEx’s $100-million Clark expansion to boost Philippine exports

FedEx’s planned USD100-million expansion of its Clark Gateway Hub in Pampanga is expected to strengthen the Philippines’ air cargo network, create jobs and improve exporters’ access to international markets as the country seeks to expand its role in global trade.

BIR tightens tax collection oversight in electricity spot market

The Bureau of Internal Revenue (BIR) has tightened tax collection oversight in the Wholesale Electricity Spot Market (WESM), assigning the market operator direct responsibility for withholding and remitting taxes on electricity transactions in a move aimed at improving compliance and accountability.

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