President Marcos has ordered the reduction of the real property taxes (RPT) imposed on independent power producers (IPP) for this year. The move was intended to prevent defaults and economic losses that could affect electricity supply and the government’s fiscal stability, according to the...
The Securities and Exchange Commission (SEC) has issued for public comment its draft amendments to the rules governing real estate investment trusts (REITs), expanding the list of allowable assets and relaxing limitations on public ownership and the reinvestment period. The Commission released the...
Manila Mayor Francisco "Isko Moreno" Domagoso urged business and property owners in the city to avail themselves of its General Tax Amnesty and huge Real Property Tax (RPT) discounts for early payers as part of the city 's expanded efforts to help taxpayers keep up with their dues while...
ILOILO CITY – The Iloilo provincial government has postponed the real property tax (RPT) tax increase scheduled for next year. The Iloilo Provincial Board approved Provincial Ordinance No. 2025-342 on third and final reading on Tuesday, Oct. 21, sponsored by second district Provincial Board...
The city government of Pasay is offering tax amnesty for delinquent real property taxpayers without penalties, surcharges, or interest. Pasay City Mayor Emi Calixto-Rubiano said the city government is giving delinquent real property taxpayers until July 5, 2026 to settle their obligations. Rubiano...
For Alejandro S. Mañalac, real estate is more than just a career—it is a lifelong mission to serve people, uplift communities, and uphold integrity in the profession. This dedication was recognized when the Professional Regulation Commission (PRC) conferred on him the Outstanding Professional...
ILOILO CITY — The Iloilo City government extended the 60-percent real property tax rate until 2028 amid a warning that a 300-percent RPT hike will destroy the economy and a Supreme Court (SC) petition. The Iloilo City Council approved an ordinance on Wednesday, Sept. 24, extending the 40-percent...
A passenger vessel ran aground off Real, Quezon during the onslaught of Super Typhoon “Nando” but all individuals onboard were rescued, the Philippine Coast Guard (PCG) reported on Wednesday, Sept. 24. MV Virgen de Peñafrancia I, operated by Starhorse Shipping Lines, drifted into the shallow...
REAL, Quezon - Forty-one passengers were rescued after a passenger ship ran aground near the Port of Real in Barangay Ungos here on Tuesday morning, Sept. 23. The roll-on, roll-off vessel carrying 41 passengers and seven rolling cargoes was about to depart from the port bound for Polillo Island...
The Muntinlupa City government encouraged the public to avail of the real property tax amnesty being offered under Republic Act 12001. The law, otherwise known as the Real Property Valuation and Assessment Reform Act, approved in June last year, stated that the amnesty will “cover penalties,...
REAL, Quezon – A couple was robbed of cash and jewelry worth P9 million here. Investigation said the victims arrived on Tuesday afternoon in their house left unattended since Aug. 24 and discovered that the door frame on the second floor was broken. The couple found out that the vault was pried...
ILOILO CITY — Militant groups have opposed the 300-percent real property tax (RPT) increase in this city. They called the move “unjust” and “anti-poor” during a rally on Tuesday, Sept. 2, at Plazoleta Gay, at the heart of the old business district here. They claimed that 519 local...
