Philippines

Philippines Customs: US Slams Corruption, Demands Reform

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Philippines’ Corruption Crackdown: A Turning Point for Investor Confidence? Just 17% of businesses in the Philippines report feeling confident in the judicial system’s impartiality, according to a recent World Economic Forum report. This stark statistic underscores a critical challenge facing the Marcos administration: systemic corruption, particularly within Customs, is actively deterring foreign investment. While recent … Read more

BoC Corruption: US Report Details Philippine Customs Issues

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Philippines Investment Climate: Navigating Corruption Risks and Emerging Opportunities A recent US report identifying the Bureau of Customs (BoC) as one of the Philippines’ most corrupt agencies has sent ripples through the international investment community. While concerns about corruption are not new, the timing – coinciding with a push for increased foreign direct investment (FDI) … Read more

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