PHILEXPORT News and Features

The PHILEXPORT News and Featuresor PNF is a major policy advocacy publication released every Friday to media out­lets nationwide. It carries PHILEXPORT positions on issues; news and feature stories on important events and activities; and even promotional articles. Initiated with USAID fund­ing assistance, it is now fully operated and funded by PHILEXPORT.

2026

09 JAN

PHILEXPORT upbeat on goods export outlook for 2026

 

The head of the Philippine Exporters Confederation, Inc. (PHILEXPORT) expressed elation over the positive outlook for Filipino merchandise exports, which grew 14.5% on an annual basis in end-November 2025 to US$77.4 billion, already exceeding the $73.27 billion of full-year 2024.

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Tatak Pinoy Strategy Office bares 2026 plans

 

The launch of the Tatak Pinoy Strategy Office (TPSO) and the sector development units (SDUs) is one of the most immediate activities that will be undertaken this year by the Department of Trade and Industry to implement the recently approved Tatak Pinoy Strategy (TPS).

 
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ECOP identifies key factor behind employment drop 

 

The Employers Confederation of the Philippines (ECOP) attributed the increase in the unemployment rate in November 2025 compared to the same month a year earlier to many unfavorable developments, foremost of which is the corruption scandal that has hit the Philippines. 

 
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PH economy seen growing through 2026 amid rising risks—PIDS

 

The Philippine economy is expected to continue growing through 2026, but emerging global and domestic risks could affect the country’s ability to sustain momentum as it moves closer to upper-middle-income status, according to a new study by the Philippine Institute for Development Studies (PIDS).

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Global trade seen to slow to 2.2% in 2026

 

Global trade is projected to slow to 2.2 percent in 2026 after performing better than expected in the previous year, as front-loading effects fade and tariffs become more entrenched, according to a United Nations (UN) report. 

 

 

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Export markets diversification, upgrading via GVC participation pushed

 

The Philippines must diversify its export markets and upgrade its participation in global value chains (GVCs) as exports remain subdued due to soft global demand and protectionist headwinds, according to a new study by the Philippine Institute for Development Studies (PIDS).

 
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Productivity-shaping trends in Asian markets cited

 

An expert has identified six productivity-shaping trends in Asian countries boosting competitiveness, with a focus on artificial intelligence (AI), data governance and workflow-optimizing tools helping them cut waste and deliver faster and higher-quality services.

 
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₱750 national minimum wage could shrink economy, trigger job losses, DLSU economists warn

 

A national daily minimum wage of ₱750 could inflict serious economic damage and lead to widespread job losses, according to economists from De La Salle University (DLSU).

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Legal reform key to unlock BSP’s climate financing resources—report

 

A new study is calling for the removal of the legal constraints that prevent the Bangko Sentral ng Pilipinas (BSP) from establishing climate finance development facilities that could directly address the devastating impact of rising climate-related challenges in the Philippines. 

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BIR 2026 interactive tax calendar now available

 

The Bureau of Internal Revenue (BIR) has announced the availability of the 2026 BIR Interactive Tax Calendar on its website for reference by taxpayers in their tax compliance. 

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De minimis perks of employees increased

 

The Bureau of Internal Revenue (BIR) has recently raised the “de minimis” benefit ceilings, which is welcome news for Filipino workers struggling with the rising prices of basic commodities.

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02 JAN

Rules on re-export, reassignment of strategic goods issued 

 

The Department of Trade and Industry (DTI) has issued a new memorandum circular that applies to and covers all persons entities involved in the export, re-export, or reassignment of strategic goods.

 

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Furniture exporters seek gov’t support for international promotion

 

The furniture sector is seeking support from the government amid the high costs of international promotion as industry players look for more overseas markets to boost export growth. 

 

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PH, 4 other economies seen main engines of Southeast Asian energy demand growth

 

The Philippines and four other economies are the main engines of Southeast Asian energy demand growth as electricity consumption across Asia-Pacific Economic Cooperation (APEC) is projected to increase by up to 96 percent by 2060, according to a new Outlook.

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Boosting productivity in labor-absorbing services priority for growth

 

Enhancing productivity in labor-absorbing services is an essential priority for both growth and equity given the services sector predominantly leads the growth of the economy and employment, according to a study released by the Philippine Institute for Development Studies (PIDS). 

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2025

07 NOV

PHILEXPORT chief: don’t cut public spending; allot more for exports, MSMEs 

 

The head of the Philippine Exporters Confederation, Inc. (PHILEXPORT) is urging the Marcos government not to reduce public spending in the wake of the corruption issues around flood control projects, but to allocate more funds where they are badly needed, like export promotion and micro, small and medium enterprise (MSME) development—two key sectors that can help revive the country’s slowing economy.

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Diversifying exports in low-carbon industries to raise revenues, resilience

 

Increasing and diversifying exports in low-carbon industries can generate the revenues needed to fund the climate transition as trade plays a key role in meeting climate goals, according to a United Nations (UN) report. 

 

 

 
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Goods export growth in APEC seen slowing in 2026

 

Goods export growth in Asia-Pacific Economic Cooperation (APEC) is projected to slow to around 1.1 percent in 2026, as temporary drivers –frontloaded trade and high-tech goods demand– fade and policy uncertainty persists, according to the latest APEC Regional Trends Analysis. 

 

 

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07 NOV

PHILEXPORT chief: don’t cut public spending; allot more for exports, MSMEs 

 

The head of the Philippine Exporters Confederation, Inc. (PHILEXPORT) is urging the Marcos government not to reduce public spending in the wake of the corruption issues around flood control projects, but to allocate more funds where they are badly needed, like export promotion and micro, small and medium enterprise (MSME) development—two key sectors that can help revive the country’s slowing economy.

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Diversifying exports in low-carbon industries to raise revenues, resilience

 

Increasing and diversifying exports in low-carbon industries can generate the revenues needed to fund the climate transition as trade plays a key role in meeting climate goals, according to a United Nations (UN) report. 

 

 

 
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Goods export growth in APEC seen slowing in 2026

 

Goods export growth in Asia-Pacific Economic Cooperation (APEC) is projected to slow to around 1.1 percent in 2026, as temporary drivers –frontloaded trade and high-tech goods demand– fade and policy uncertainty persists, according to the latest APEC Regional Trends Analysis. 

 

 

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ECOP chief: give more teeth to flood control corruption probe

 

The head of the Employers Confederation of the Philippines (ECOP) is urging the government to take decisive steps to win back the trust of global investors by making sure crimes are punished as he warned that foreign investments in the Philippines have all but dried up amid allegations of widespread corruption involving flood control projects. 

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Ensuring TESDA training programs respond to labor market demands pushed

 

A study released by the Philippine Institute for Development Studies (PIDS) has called for stronger coordination among stakeholders to ensure training courses designed to equip individuals with practical skills and knowledge essential for various industries will respond to real labor market demands.

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PH manufacturing upbeat despite slow demand in Oct

 

The manufacturing industry registered declines once more in both new orders and output in October 2025, but this did not dampen optimism among stakeholders about growth prospects in the new year, according to new data from S&P Global Market Intelligence. 

 
 
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Advisory body pushes for abaca industry modernization

 

A private sector-led consultative body on fiber industry development facilitated by the Philippine Council for Agriculture and Fisheries (PCAF) has adopted four major resolutions this year that seek to further modernize and strengthen the fiber sector, particularly abaca production in the country. 

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30 OCT

Ways exporters can avoid input tax

 

Export-oriented enterprises (EOEs) that do not enjoy tax incentives granted by investment promotion agencies should know they can still avail themselves of value-added tax (VAT) perks such as avoiding input taxes on their local purchases and importations, according to a tax expert. 

 

 

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BOC utilizes digital platform for online processing of tax, duty exemption applications

 

Importers seeking tax and duty exemptions for their goods should know that the Bureau of Customs (BOC) plans to adopt the Department of Finance’s (DOF) Enhanced Tax Exemption System Lite (e-TESLite), the database management system for the electronic processing of tax and duty exemption applications, in an effort to streamline customs operations and improve public service.

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MSME participation in climate action plans implementation offers opportunities

 

The involvement of small firms and trade in developing and implementing a country’s climate action plans presents opportunities as they promote inclusion and resilience, according to a paper by the International Trade Centre (ITC).  

 

 

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Implementing value-preserving textile system within circular economy pushed

 

A sustainability expert is pushing for a value-preserving textile system as the Philippine textile industry adopts circular economy principles to achieve sustainability and competitiveness. 

 
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24 OCT

Compliance period for e-invoicing extended to end-2026

 

The compliance period for covered taxpayers—which include electronic commerce (e-commerce) players—to issue electronic invoices has been extended until late next year to give the affected stakeholders sufficient time to adjust to the e-invoicing requirement, according to a new Bureau of Internal Revenue (BIR) issuance.

 
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WTO unveils monthly trade statistics interactive tool

 

Philippine policymakers, researchers and businesses now have another useful instrument for monitoring world and bilateral trade trends and dynamics, specifically export and import data per month, quarter and year-to-date with select trade partners. This allows users to extract the data for policy development, decision-making, and future planning.

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ECOP urges firms to prepare biz, employees for disasters

 

The Employers’ Confederation of the Philippines (ECOP) is urging continuous conduct of earthquake drills and briefings on typhoons to raise awareness of safety protocols among employees, citing the importance of effective disaster preparedness. 

 

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Maximizing tariff benefits with FTA portal

 

Export companies can access a portal to maximize tariff benefits under the country’s trade agreements and arrangements, enhance trade opportunities and tap into new markets.

 
 
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Firms urged to professionalize cross-border operations

 

Companies are called to professionalize their cross-border operations and diversify their markets amid the end of United States’ de minimis threshold for all countries.

 

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DOST chief cites importance of circular economy in textiles

 

Department of Science and Technology (DOST) Secretary Renato Solidum Jr. has underscored the importance of a circular economy for textiles to create value, extend product lifespan and maximize resources, as he calls for support for measures advancing sustainability. 

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AI-powered tool launched to guide flood mapping, risk investment

 

A new free tool that offers an innovative solution to support flood risk mapping in Asia-Pacific has been introduced by the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) to help build resilience in the most calamity-prone region of the world. 

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17 OCT

CMO on online application for PER under GSPs, FTAs released

 

The new customs guidelines for exporters who plan to submit online their application for Product Evaluation Report (PER) as it relates to rules of origin (ROO) requirements under the generalized systems of preferences (GSPs) and free trade agreements (FTAs) have been released.

 
 
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ASEAN, China emerging as potential PH food export markets

 

There are other market opportunities just waiting to be grasped by Filipino exporters, including the promising markets of the Association of Southeast Asian Nations (ASEAN) and China, according to a Philippine trade attaché.

 

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Review urged for SEC’s implementation of 9-year term limit for independent directors

 

An alliance of business associations and government partners has called for a comprehensive review of the forthcoming implementation by the Securities and Exchange Commission (SEC) of the nine-year term limit for independent directors of publicly listed companies and other regulated firms. 

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DOLE to firms: align OSH programs to revised IRR standards

 

Employers need to become updated on the major policy changes in terms of occupational health and safety in the workplace following the issuance of the Revised Implementing Rules and Regulations (Revised IRR) of the Occupational Safety and Health Standards (OSH) Act, advises an occupational safety official.

 
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Digital tech boosts competitiveness of coffee sector: ITC guide

 

Digital technology bolsters the competitiveness of the coffee sector as it enables supply chain players to work more efficiently, reach new markets and function more equitably and sustainably, according to a coffee guide published by the International Trade Centre (ITC). 

 

 

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10 OCT

AEO accreditation guide for traders issued

 

Exporters, including micro, small and medium-sized enterprises (MSMEs), may now get a soft copy of the “AEO Operational Guidelines” following the official launch of the guidebook on self-assessment and accreditation recently at the Bureau of Customs (BOC) in Manila. 

 
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Global trade seen to reach record highs by year-end despite policy uncertainty

 

Global trade expanded by about $500 billion in the first half of 2025 and is expected to reach record highs by the end of the year as the negative impact of trade policy uncertainty has remained relatively contained, according to a United Nations (UN) report. 

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Trade’s role in global response to climate change cited

 

Countries are increasingly using trade instruments, including taxes and regulations, to support climate action as trade may increase emissions and resource use if safeguards are lacking, according to a trade official.

 

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DME incentive under CREATE

 

Becoming an investment hotspot has been the goal of the Philippines for some time. Challenging the dominance of well-known investment destinations and providing an attractive investment climate required tweaks and changes to our tax and incentive laws, among others. One of the more early attempts to improve the investment stature of the Philippines was the enactment of the “Corporate Recovery and Tax Incentives for Enterprises” or more popularly known as the CREATE Act.

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Adopt climate resilient farming to protect workers, cut losses: report

 

With the impact of climate change on workers’ health increasingly being felt in the agriculture sector, businesses need to invest in resilient and precision agriculture practices and modified working practices to raise resilience to the growing challenges stemming from extreme weather events, according to a new report from the World Economic Forum (WEF).

 
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Snacking evolves with flavors, textures, climate-resilient innovations

 

Snacking is advancing with flavors, textures and even climate-resilient innovations as healthy snacking helps consumers meet their wellness goals.  

 

 

 

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03 OCT

PHILEXPORT chief: support exporters hit by tariffs

 

The leader of the Philippine Exporters Confederation, Inc. (PHILEXPORT) appealed for stronger government support to the troubled export industry and higher budget for export promotion and market diversification following the negative impact of the higher US tariffs on Philippine exports.

 

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Global trade faces risks from renewed tariff hikes, policy uncertainty: ADB report

 

Southeast Asia’s exports saw strong growth in the first half of the year amid tariff frontrunning but renewed tariff hikes and higher trade policy uncertainty weigh on the outlook, according to a report released by the Asian Development Bank (ADB).

 

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EU online system digitizes SPS certification issuance

 

Philippine exporters to the European Union (EU) need to be aware of the Trade Control and Expert System (TRACES), the European Commission’s online platform for the issuance of sanitary and phytosanitary (SPS) certificates that are required for the importation of animals and animal products, non-animal-origin food and feed products, and plants into the EU. 

 
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Application of AI, other emerging tech drives cross-border e-commerce innovation

 

Artificial intelligence (AI) empowers the cross-border e-commerce industry, enabling more efficient and intelligent global trade amid its significant potential for digitalization, according to a report published by the International Trade Centre (ITC).   

 
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 Strategies to boost middle skills development pushed

 

Middle skills programs that incorporate decentralized and flexible middle skills development mechanisms and improved access to financial assistance for training can ensure these meet  industry demands and prepare the workforce for the Fifth Industrial Revolution (5IR), according to local researchers. 

 
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APEC research: SMEs with robust ethics programs more trade-ready

 

Health-focused small and medium-sized enterprises (SMEs) in the Asia-Pacific Economic Cooperation (APEC) region with robust ethics and compliance programs are more competitive and trade-ready, according to new APEC research. 

 

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PH factory output, sales dip as demand weakens in Sep

 

For just the third time in over four years, the Philippines’ Purchasing Managers’ Index (PMI) reading fell into negative territory in September 2025 as goods producers saw fresh contractions in output and new orders, according to S&P Global.

 

 

 
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CWT Refund Process

 

Taxpayers oftentimes incur excess creditable withholding taxes (CWT) at the end of their taxable year. In such situation, there are two ways to recover the excess taxes paid. One way is to carry over the excess amount and utilize it as payment of the income taxes due in the succeeding years. Taxpayers can carry over the excess tax credits in subsequent periods until these are fully consumed. The other way is to claim for a refund or a tax credit certificate.

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