Customs accredits 11 firms for expedited clearance program
THE Bureau of Customs (BoC) said it accredited 11 firms for its Authorized Economic Operator (AEO) program in 2025, which granting expedited clearance in...
WB approves PHL request to cancel remaining portion of agriculture loan
THE Philippines’ request to cancel the unused portion of a loan for its flagship agriculture development program has been approved by the World Bank...
House bill proposes abolition of travel tax
A BILL seeking to abolish the travel tax was filed in the House of Representatives on Monday, with its proponent citing the need to...
Philippines working to improve Japan market access deals for fruit
THE Department of Agriculture (DA) said the Philippines is working to improve market access to Japan for key fruit products like bananas, pomelos, and...
Packaging industry seen growing 3.2% per year
THE Philippine processing and packaging industry is expected to grow 3.2% a year, according to Informa Markets.
“The overview of the processing and packaging industry...
WESM prices decline in Jan. as supply improves
ELECTRICITY PRICES at the Wholesale Electricity Spot Market (WESM) declined in January as supply margins improved, according to the Independent Electricity Market Operator of...
A promising step toward tax audit reform
By Kathrine Joy Capales
The Bureau of Internal Revenue (BIR) ended the two-month suspension of tax audit activities after issuing Revenue Memorandum Circular (RMC) No. 8-2026 and Revenue...
EEI, DMCI sounded out for Maharlika rehab contract
THE Department of Public Works and Highways (DPWH) said it will meet with major construction companies for the planned rehabilitation of the Maharlika Highway, with the authorities testing their willingness to take on more government projects usually won by smaller contractors.
Agri trade deficit narrows 26.9% in December
THE DEFICIT in the agricultural goods trade narrowed 26.9% in December to $668.35 million, according to preliminary data from the Philippine Statistics Authority (PSA).
The...
BoI approves green-lane treatment for wind project
THE Board of Investments (BoI) said it endorsed a P30.92-billion onshore wind project for green lane treatment last month, bringing the total of green-lane...
UK confident Philippines will emerge from reforms with improved business environment
BRITISH FIRMS see the Philippine market as a major opportunity when it emerges from a round of reforms designed to make improve the business environment, the British Embassy Manila said.
Fish landed at regional ports up 16.34% in Dec.
THE Philippine Fisheries Development Authority (PFDA) said fish landed at regional fish ports totaled 49,379 metric tons (MT) in December, up 16.34% from a...