The government has moved to eliminate long-standing confusion over local taxation for investment-registered firms, with a new joint circular expected to streamline compliance, improve policy consistency, and strengthen the Philippines’ appeal to investors.
The Philippines' export sector is proving surprisingly resilient in an increasingly uncertain global economy, posting its 16th straight month of growth and giving trade officials fresh reason to double down on programs aimed at helping local exporters compete abroad.
Chinese bearing manufacturer C&U Group is ramping up its Philippine expansion with a USD132 million investment in its Sto. Tomas, Batangas facility, further cementing the country’s role in the company’s global manufacturing network.
A Chinese automotive engineering company is exploring a partnership to help develop a Philippine electric vehicle (EV) brand, signaling fresh momentum behind Manila’s drive to localize the country’s fast-growing EV industry.
The government is seeking to expand the P2-billion financing pool for a program helping public transport operators transition to electric vehicles (EVs), as demand grows among transport groups and delivery riders looking for cleaner and more cost-efficient mobility options.
Ayala Land Inc. is turning stormwater infrastructure at Vertis North into a public amenity, combining flood-mitigation capacity with a two-hectare green space designed for recreation and community use in Quezon City.
College students from key universities across Metro Manila gained valuable insights into the history of Philippine money and the work of the Bangko Sentral ng Pilipinas (BSP) through recent "Student Tours" held at the BSP Hub along Roxas Boulevard.
Robinsons Retail Holdings Inc. has strengthened its presence in Central Visayas with the launch of its first Robinsons Supermarket here, marking a major expansion into one of the country’s top tourism and leisure hubs.
Motorists traveling the San Fernando–Pulilan stretch of the North Luzon Expressway (NLEX) resumed paying regular toll rates past midnight, NLEX Corporation announced.