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Customs single window expected to raise exporter competitiveness

Business World Philippines

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January 20, 2026

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.

MEER VERHALEN VAN Business World Philippines

Business World Philippines

Philippines advances disaster finance, bond market plans at ASEAN+3

THE Philippines has begun its co-chairmanship of the Association of Southeast Asian Nations Plus Three (ASEAN+3) finance process alongside Japan, aiming to strengthen regional financial resilience, deepen policy coordination and advance disaster risk financing initiatives, the Department of Finance (DOF) said.

time to read

1 min

January 20, 2026

Business World Philippines

Foreign debt service bill falls nearly 23% at end-October

THE PHILIPPINES' debt service on foreign loans went down by about 23% year on year at end-October as principal and interest payments fell, the Bangko Sentral ng Pilipinas (BSP) reported.

time to read

3 mins

January 20, 2026

Business World Philippines

IMF sees slower Philippine growth amid graft scandal, global shocks

THE PHILIPPINE ECONOMY may expand slower until next year as global uncertainties and the local corruption controversy continue to drag growth, the International Monetary Fund (IMF) said.

time to read

2 mins

January 20, 2026

Business World Philippines

Business World Philippines

When intent isn't enough: Governing inclusion at the board level

Much has been said about the importance of allyship in building inclusive workplaces, and rightly so. Encouraging leaders to act with intention, courage, and accountability has helped move the inclusion conversation forward in Philippine organizations. These efforts have expanded awareness, reduced defensiveness, and made it easier to speak openly about gender and power at work.

time to read

3 mins

January 20, 2026

Business World Philippines

Marcos faces impeachment complaint over flood control corruption scandal

PHILIPPINE President Ferdinand R. Marcos, Jr. is facing an impeachment complaint over allegations he profited from anomalous infrastructure contracts, escalating political pressure amid a multibillion-peso graft scandal.

time to read

3 mins

January 20, 2026

Business World Philippines

Business World Philippines

Netflix to stream Sony films globally after debut in cinemas

NETFLIX, INC. obtained global streaming rights to Sony Group Corp.'s films after they complete their run in theaters and pay-per-view, adding releases from one of Hollywood's biggest studios.

time to read

1 mins

January 20, 2026

Business World Philippines

ATRAM, UnionBank trust units complete merger

THE MERGER between the trust units of the ATR Asset Management Group (ATRAM Group) and Union Bank of the Philippines, (UnionBank) has been completed following approval by the Bangko Sentral ng Pilipinas (BSP) and registration with the Securities and Exchange Commission.

time to read

1 min

January 20, 2026

Business World Philippines

House committee targets Q1 passage of tax amnesty bill

THE House of Representatives Ways and Means Committee aims to pass a bill granting a general tax amnesty in the first quarter to give the chamber enough time to approve it by June, a lawmaker said, pushing swift congressional action so the measure could take effect as early as 2027.

time to read

2 mins

January 20, 2026

Business World Philippines

PHL discovers new natural gas source

THE PHILIPPINES has made its first major natural gas discovery in more than a decade, a development that could strengthen domestic energy supply and support rising power demand, President Ferdinand R. Marcos, Jr. said on Monday.

time to read

4 mins

January 20, 2026

Business World Philippines

BTr hikes T-bill award as yields on all tenors drop

THE GOVERNMENT upsized its award of the Treasury bills (T-bills) it offered on Monday as rates dropped across the board amid strong demand for safer assets amid the peso’s weakness and geopolitical concerns.

time to read

3 mins

January 20, 2026

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