Tag: Makati Business Club

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UK sees strong Philippine trade investment momentum growth

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.

MBC urges jobs protection as crisis looms

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.

Business applauds BIR’s clean up drive

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.

Budget Reset: Education, Agriculture Take Lead

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.

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AI-powered 911 upgrade boosts Philippines’ smart tourism push

The Philippines is strengthening its emergency response system with artificial intelligence-powered upgrades to Unified 911, a move aimed at easing one of the biggest concerns among foreign tourists and expatriates—getting help quickly during emergencies despite language barriers.

Global factors slow foreign investment inflows despite strong manufacturing interest 

Foreign direct investment (FDI) slowed down during the first four months of the year, as international companies pulled back on lending and retained earnings, overriding a noticeable bump in fresh equity investments. According to the latest data from the Bangko Sentral ng Pilipinas (BSP), this dip reflects a shift in how multinational companies are funding their local operations rather than a total loss of interest in the country's economy.

BIR digital award fuels next wave of tax reforms

The Bureau of Internal Revenue (BIR) is accelerating its digital transformation drive after winning an international award for innovation, signaling its commitment to making tax compliance easier while improving the efficiency of revenue collection.

Investors shift to capital safety with PhilLife’s new zero-volatility wealth tool

The domestic financial landscape is undergoing a major shift as Filipinos increasingly prioritize capital preservation over high-risk market exposure.

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