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.

2025

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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September 2025

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