When news broke that Philippine exports would face a 19% tariff entering the United States—while American goods would enter the Philippines tariff-free—it was met with understandable frustration. Social media buzzed with disbelief: “Bakit ganun? Lugi tayo ah.” For many Filipinos,…
The Philippine Chamber of Commerce and Industry (PCCI) on Tuesday urged President Ferdinand Marcos Jr. to prioritize 20 key legislative measures in his upcoming State of the Nation Address (SONA), highlighting reforms aimed at digital transformation, infrastructure planning, and regulatory…
For once, the tax system favors the many over the few. The flat 20% levy on interest income, introduced under the Capital Market Efficiency Promotion Act (CMEPA), doesn’t punish savers—it puts an end to years of built-in advantages that let…
For years, global trade was the default engine of growth. But as we pass the midpoint of 2025, it’s sputtering badly—and not because of any natural cooling. This slowdown is man-made, self-inflicted, and increasingly perilous. According to the World Bank,…
The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business organization, is calling for stricter enforcement of rules in the country’s electricity spot market and greater billing transparency by power retailers. The group warned that persistent payment defaults…
A new report from Singapore-based fintech firm ROSHI has raised alarms about the growing credit card debt crisis in the Philippines, with consumer debt reaching levels described as “critical.” According to the findings, Filipino cardholders are carrying an average balance…
Hotel101 Global Holdings Corporation became the first Filipino-owned company to be listed and traded on the Nasdaq, debuting with an Opening Bell ceremony in New York on Friday, June 27. Now trading under the ticker “HBNB,” the tech-driven hospitality platform…
The Philippines has joined 67 jurisdictions—including 10 in Asia—in committing to the Organisation for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting Framework (CARF) by 2027 or 2028, marking a major step toward regulating digital assets and curbing tax evasion linked…
Lockheed Martin is tying its offer of F-16 Block 70 fighter jets to a bold plan to boost local jobs, train Filipino workers, and build up the Philippines’ defense industry — a move that could accelerate the country’s push for…
The number of dollar millionaires in the Philippines has surged by 32% over the past decade, outstripping growth in several advanced economies and regional peers, even as a quiet but notable outflow of wealth begins to take shape. According to…
