Philippine exports surged to a record USD54.92 billion in the first seven months of 2026, up 12.9 percent year-on-year, prompting the Department of Trade and Industry (DTI) to widen its push for new markets and overseas buyers for local businesses.
The world could soon look different in classrooms, newsrooms, and digital platforms after the United Nations backed a push to replace the familiar Mercator map with projections that more accurately show the relative size of countries and continents.
The Board of Investments (BOI) is putting key government requirements for investors into a single digital platform, aiming to make it easier to navigate permits, regulations, and procedures and reduce uncertainty in setting up projects in the Philippines.
Businesses are set to face a more targeted tax audit system as the Bureau of Internal Revenue (BIR) shifts taxpayer selection toward measurable compliance risks and tightens rules governing revenue examinations.