The approved reforms aim to boost innovation-centered initiatives, giving start-ups and programs better chances to scale and contribute to economic development.
Officials note that the tariff removal gives coconut products, fruits, tuna, and other agri exports better access to the US market at more competitive prices.
With several agricultural products now exempt from US tariffs, Filipino farmers and exporters stand to gain improved margins and better foothold in competitive global markets.
The online selling community sees strong potential in the Trustmark initiative, believing it can help small businesses gain visibility and customer trust once rules and requirements are made simpler and more transparent.
The city’s decision to open 2026 business permit processing ahead of schedule reflects its push for efficient governance, offering business owners more time to comply and avoid the usual January rush.