The updated Philippine–Japan tax treaty is expected to establish clearer and more predictable rules on the taxation of cross-border income, a development seen to benefit more than 245,000 overseas Filipinos (OFs) working and residing in Japan. “By providing clear and predictable rules on the...
The Department of Agriculture (DA) is gearing up for the implementation of the government policy expanding the minimum access volume (MAV) for pork imports to temper retail prices and maintain sufficient supply. Agriculture Secretary Francisco Tiu Laurel said the DA is taking the lead in drafting...
The Philippines is moving to establish its first systematic strategic petroleum reserve program to insulate the domestic economy from volatile global supply chains and geopolitical shocks, according to the Department of Energy (DOE). Under a newly established framework dubbed Partnership On Wide...
Recurring payments from the sale of Nonoc Mining and Industrial Corp.’s assets injected more than ₱600 million into the national coffers in April, marking the highest single-month collection in the 11 months since May 2025. According to the latest data from the Bureau of the Treasury (BTr), the...
The Philippines stands to lose as much as 700,000 metric tons (MT) in rice output this year under a scenario in which a strong El Niño phenomenon wreaks havoc on local production, according to the Department of Agriculture (DA). The DA noted that the expected loss in rice production is equivalent...
I have been fortunate to become part of the De La Salle University (DLSU) Literature Department both as a student under the Master of Fine Arts in Creative Writing program and later as a member of the faculty teaching Creative Writing and other literature subjects. As a student, I had the...
China-based automotive design and engineering company Shanghai Launch Automotive Technology Co. Ltd. (Launch Design) is exploring potential partnerships to help develop a local electric vehicle (EV) brand, according to the Department of Trade and Industry (DTI). In a statement on Thursday, May 28,...
The cutting of trees affected by the Southern Access Link Expressway (SALEX) Project was undertaken only as a “last resort” after mitigation and conservation measures had already been considered, the Department of Environment and Natural Resources (DENR) said on Thursday, May 28. In DENR’s...
The United States (US) is seeking to leverage the growing appeal of convenient meal products in the Philippines to widen its reach in the packaged soups and ready meals market, further expanding its presence in its 10th-largest export market. In a May 26 report, the US Department of Agriculture...
The Philippines will repay its new $600-million World Bank loan for education reform until 2055, while also securing a separate $24.5-million grant to support sustainable agriculture transformation, newly signed agreements between the government and the Washington-based multilateral lender showed....
The Philippines’ debt as a share of economic output is expected to remain elevated above 60 percent of gross domestic product (GDP) this year as the government ramps up borrowings to support its response to the national energy emergency amid the prolonged war in the Middle East. Based on the...
The Philippines and Japan are expected to sign a new double taxation convention (DTC) on the sidelines of President Ferdinand R. Marcos Jr.’s ongoing state visit to Tokyo. Manila Bulletin learned on Wednesday, May 27, that the Philippine-Japan DTC will possibly be signed before the end of the...
