Garment, textile growth seen at 2-5% in 2026 amid US tariff concession hopes
EXPORTS of garments, textiles, and apparel are expected to grow between 2% and 5% next year as the government negotiates a lower tariff with...
Philippine third-quarter external debt tops $149 billion in new record
OUTSTANDING external debt hit a new record of $149.093 billion in the third quarter, up 6.8% from a year earlier, the Bangko Sentral ng...
ADB preparing over $4 billion in lending to Philippines in 2026
THE Asian Development Bank (ADB) is committed to providing more than $4 billion in loan financing to the Philippines in 2026, targeting transportation, health,...
Taiwan official backs AI-driven modernization of Philippine harbors
THE Philippines needs to tap artificial intelligence (AI) in port management to modernize its harbors while also easing traffic to help streamline shipping activity, an official of the company running Taiwan’s Kaohsiung port said.
GOCC subsidies fall more than 25% in October
SUBSIDIES for government-owned and -controlled corporations (GOCCs) fell 25.47% year on year in October, the Bureau of the Treasury (BTr) reported.
The BTr said budgetary...
Tax conversations with C-Suites
By Jaclyn Ordoñez, Virly Jane Tiare and Grace Desuasido
As regulations shift and consumers grow more exacting, businesses are reconsidering how they handle compliance. What was once treated as a routine requirement has become a cornerstone of trust, transformation and transparency.
Domestic material extraction up 8.1% in 2024
THE domestic extraction of materials, which includes biomass, metal ores, non-metallic minerals and fossil fuels, rose 8.1% to 388.07 million metric tons (MMT) in...
PHL banking on PPPs to lead 2026 investment rebound — World Bank
ANY REBOUND in Philippine investment in 2026 will depend on the government’s ability to harness public‑private partnerships (PPP), the World Bank said.
“The projected recovery...
Farm roads seen unlocking agricultural potential of underused parts of Mindanao
THE Department of Agriculture (DA) said it is pushing for an “aggressive” farm-to-market road (FMR) buildout in Mindanao to unlock the economic potential of...
Budget transparency bill to enhance investor confidence, AmCham says
THE proposed Citizen Access and Disclosure of Expenditures for National Accountability (CADENA) Act will help strengthen investor confidence, the American Chamber of Commerce of...
Marcos priority bills ‘cohesive package’ for improving governance, PCCI says
THE Philippine Chamber of Commerce and Industry (PCCI) said bills identified by President Ferdinand R. Marcos, Jr. as priority legislation will help create a...
Japan tech seen boosting PHL disaster resilience
THE Japanese government said disaster-response technologies like ultracompact radar systems and emergency shelters can help countries like the Philippines become more resilient in the...