The government is doubling down on public-private partnerships (PPPs) and reform measures to position the Philippines as a more competitive destination for capital, as it works to sustain investor momentum despite global headwinds.
The Marcos administration is moving to secure fuel supply as global disruptions loom, ordering the procurement of 2 million barrels of oil to bolster reserves, Finance Secretary Frederick Go said on Tuesday.
'Ginhawa Go' is designed to address the short-term cash needs of public sector employees, reducing their exposure to informal lenders and high-interest borrowing schemes.
Finance Secretary Frederick Go said the government is rolling out “big, bold reforms” meant to make the Philippines easier to visit, easier to do business in, and more attractive for long-term investment.
The Marcos administration received a fresh vote of confidence as Standard & Poor’s reaffirmed the Philippines’ BBB+ credit rating while keeping its positive outlook for the country—a signal that a rating upgrade may be within reach.
Two of the country’s largest business organizations expressed strong support for the Department of Finance and the Bureau of Internal Revenue following the suspension of all field audits and related enforcement actions under Revenue Memorandum Circular RMC 107-2025.
Speaking before members of the Anvil Business Club, Go said the Marcos administration has achieved significant policy milestones in its first two years but now requires private sector collaboration to accelerate progress.