The British envoy to the Philippines reaffirmed the United Kingdom’s commitment to deepening economic ties, highlighting strong fundamentals and reform momentum driving growing confidence among UK investors.
The formation of a government crisis management committee is “a good start,” but faster, more targeted interventions are needed as economic pressures mount, according to Ed Chua, chairman of the influential group Makati Business Club.
The Makati Business Club has thrown its support behind a bold internal crackdown at the Bureau of Internal Revenue, welcoming the filing of cases against 25 revenue personnel accused of misusing Letters of Authority.
The Makati Business Club (MBC) on Monday welcomed the signing of the 2026 General Appropriations Act (GAA), saying the new budget marks a clear step up from recent fiscal plans, particularly in its focus on education, agriculture, and climate-resilient infrastructure.
Agriculture Secretary Francisco P. Tiu Laurel Jr. clarified that sugar importation is not administration policy but a temporary tool to stabilize prices and supply, as the government prioritizes technology and innovation to build a stronger, self-reliant domestic sugar industry.
Japan-based Rating and Investment Information, Inc. (R&I) has affirmed the Philippines’ A- investment-grade credit rating with a stable outlook, citing resilient economic fundamentals, improving fiscal conditions, and manageable external risks.
San Miguel Corp. has elected former Transportation Secretary and Philippine Airlines president Jaime J. Bautista as an independent director, adding a veteran of the aviation, finance, and government sectors to the conglomerate’s board.
Filipinos’ growing use of financial apps has moved cybersecurity from back-end concern to central user experience, Maya executives said at the BusinessWorld Cybersecurity Summit. This shift reshapes industry practices, customer expectations, and regulatory needs.