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.
The Philippine Economic Zone Authority (PEZA) has formalized the P967-million expansion of the Suntrust Ecotown Tanza-Special Economic Zone in Cavite, adding more industrial land as the government ramps up efforts to attract export-oriented investments and manufacturing projects.
Shopee Philippines and the Iloilo City government are shifting from one-off entrepreneurship training to continuous digital business development, launching a year-round program designed to help micro, small and medium enterprises (MSMEs) build sustainable online businesses.
Kia Philippines is expanding its financing options through a partnership with UnionBank of the Philippines, offering customers installment payment plans of up to 36 months as automakers intensify efforts to make vehicle ownership more affordable amid cautious consumer spending.