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Customs single window expected to raise exporter competitiveness

January 20, 2026

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Business World Philippines

THE Bureau of Customs’ National Single Window-Integrated Trade Facilitation Platform (NSW-ITFP) will allow exporters to better compete within the region by lowering costs and improving the reliability of supply chains, the Federation of Philippine Industries (FPI) said.

“Importers and exporters used to shuttle between offices… (where) each agency had its own forms, its own queues, and its own delays. The NSW-ITFP promises to end that fragmentation,” the FPI said in a statement on Monday.

Citing the Philippines NSW website, the FPI said that 40 agencies are involved in the issuance of import and export permits, licenses, and clearances.

“If connected to a single digital portal, where one submission flows seamlessly across regulators, this will lower transaction costs for businesses, while faster clearance can improve supply chain reliability,” it said.

المزيد من القصص من Business World Philippines

Business World Philippines

Business World Philippines

Salesforce launches startup support program in Philippines

US SOFTWARE company Salesforce on Tuesday rolled out its Startup Program in the Philippines, aiming to support local tech startups by giving them access to its products, mentors and global business network.

time to read

1 mins

January 21, 2026

Business World Philippines

Bol approves Isabela, Pangasinan solar projects

THE Board of Investments (BoI) said it approved the registration of two renewable energy (RE) projects worth a combined P2 billion in Isabela and Pangasinan.

time to read

1 mins

January 21, 2026

Business World Philippines

GOCCs ordered to prepare 2027 budget proposals

THE Department of Budget and Management (DBM) ordered state-run firms to start preparing their budget proposals for 2027.

time to read

1 min

January 21, 2026

Business World Philippines

Business World Philippines

IdeaSpace Ventures sees brighter outlook for Philippine startups in 2026

IDEASPACE Ventures, the startup accelerator arm of the MVP Group, said 2026 is shaping up to be a strong year for Philippine startups, as local founders show greater maturity even as competition from foreign firms intensifies.

time to read

2 mins

January 21, 2026

Business World Philippines

Business World Philippines

First yellow alert of 2026 raised over Visayas grid

THE Visayas grid was placed on yellow alert on Tuesday, the first such alert this year, following forced outages at several power plants, according to the National Grid Corp. of the Philippines (NGCP).

time to read

1 min

January 21, 2026

Business World Philippines

China snack retailer Busy Ming seeks up to $428M in Hk IPO

SNACK and beverage retailer Busy Ming Group aims to raise up to HK$3.3 billion ($428 million) in a Hong Kong (HK) initial public offering (IPO) that will fund supply chain and product development.

time to read

1 min

January 21, 2026

Business World Philippines

CoA flags P325M in missing Bulacan flood structures

THE Commission on Audit (CoA) has submitted four more fraud audit reports to the Independent Commission for Infrastructure (ICD, uncovering more than P325 million in Bulacan flood control projects where structures were missing or built outside approved locations.

time to read

1 min

January 21, 2026

Business World Philippines

Airline fuel surcharge stays steady for February - CAB

THE Civil Aeronautics Board (CAB) said the passenger fuel surcharge will remain at Level 4 for February, keeping charges steady for the seventh consecutive month.

time to read

1 min

January 21, 2026

Business World Philippines

China lodges protest over PCG official’s remarks

BEIJING has lodged a formal diplomatic protest with Manila after remarks by a Philippine Coast Guard (PCG) official that China called “malicious” and misleading, the Chinese Embassy in Manila said on Tuesday.

time to read

2 mins

January 21, 2026

Business World Philippines

Asian stocks fall; dollar slides anew

Stocks slid on Tuesday, the dollar fell for a second straight day and US Treasury yields climbed to four-month highs after US President Donald J. Trump intensified his push to take control of Greenland.

time to read

2 mins

January 21, 2026

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