Meralco PowerGen Corp. (MGen), the power generation arm of Manila Electric Company, has finalized power supply agreements to provide renewable energy (RE) to EvoEnergi Inc. In a statement, MGen announced that the company, through its thermal and RE subsidiaries, MThermal and MGreen, signed two...
ILOILO CITY – New Police Regional Office-6 chief Police Brig. Gen. Josefino D. Ligan has ordered his men to prioritize the five-minute response policy. “Our aim is to deliver police response in under five minutes, no matter where or when,” said Ligan after his installation over the weekend....
Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. said the government’s main tax agency’s ₱18 billion proposal for 2026 covers plans to build a tax-focused contact center and office space expansion to accommodate more taxpayers and reduce queues. “We want to improve our...
Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. confirmed that the agency’s current collection target of ₱3.2 trillion may be revised due to the country’s slower-than-expected gross domestic product (GDP) growth. “If you follow the GDP growth, there should be a recalibration...
A total of 40 Filipino companies were included in the second annual Fortune Southeast Asia 500 list, which ranked the region’s top corporations based on their 2024 revenues. Topping the list of Philippine firms are the largest conglomerates, banks, and utilities, with San Miguel Corporation...
The Bureau of Internal Revenue (BIR) has extended work hours at its Revenue District Offices (RDOs) to accommodate the surge of taxpayers availing of the estate tax amnesty before the June 16 deadline. In a statement, BIR Commissioner Romeo D. Lumagui Jr. said that RDOs have extended their...
The Philippines ' foreign policy has been anchored on building bridges, not walls, President Marcos told the diplomatic corps on Independence Day. Speaking before foreign dignitaries and government officials during the traditional Vin d’Honneur at Malacañan Palace on Thursday, June 12,...
A business delegation composed of at least 20 Australian mining companies will come to the Philippines in the second half of 2025 to explore opportunities amid renewed interest among foreign investors in the extractive sector. "There will always be plenty of business missions [from Australia]. We...
Authorities busted an online-enabled illicit vape operation in Bulacan, seizing over 18,000 vape products and counterfeit tax stamps due to a coordinated effort between the Bureau of Internal Revenue (BIR) and the National Bureau of Investigation (NBI). In a statement, BIR Commissioner Romeo...
D&L Industries Inc., the country’s top producer of specialty food ingredients and oleochemicals, expects its profitability to continue growing in the coming years as it ramps up exports, giving it confidence that it will sustain its strong dividend payouts. In an online media briefing after the...
Maharlika Investment Corp. (MIC) President and CEO Rafael Jose Consing Jr. has submitted his courtesy resignation, along with the firm’s board of directors, which comes amid the newly formed firm’s planned investment rollout. “I have submitted my unqualified courtesy resignation,” told...
Armed Forces of the Philippines (AFP) Chief, General Romeo Brawner Jr. on Wednesday, May 28, denied rumors of an impending military overtake to unseat President Marcos Jr., stressing it will not happen so long as he is the country’s top soldier. In a statement, Brawner reaffirmed the...
