The Bureau of Internal Revenue’s (BIR) tax collections rose by double digits in March, providing a critical fiscal buffer for the Marcos administration as it grapples with persistent energy crisis that threatens to dampen domestic demand. Preliminary data released by the agency on Wednesday,...
Governor Daniel R. Fernando, together with the Provincial Social Welfare and Development Office (PSWDO), distributed relief assistance on Tuesday, April 14, to families in Obando, Bulacan affected by the fire that struck the Navotas landfill last Friday, April 10. Fernando, accompanied by PSWDO...
The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 27-2026, publishing the updated list of medicines exempt from 12-percent value-added tax (VAT), as endorsed by the Food and Drug Administration (FDA). Released on April 8, 2026, the circular covers 2,263...
The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 20-2026, providing guidelines for the filing of annual income tax returns (AITRs) and payment of taxes for calendar year 2025. BIR Commissioner Charito Martin R. Mendoza said the circular supports the Ease of...
The Bureau of Internal Revenue (BIR) has clarified that income from cross-border services is not automatically subject to Philippine income tax, providing clearer guidance on how such transactions should be evaluated. In Revenue Memorandum Circular (RMC) No. 24-2026, the BIR outlined the proper...
The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 23-2026, providing clearer guidelines to streamline the availment of tax incentives for private-sector partnerships in education. The circular clarifies the implementation of Revenue Regulations (RR) No. 13-2025,...
Lucio Co-led grocery retailer Puregold Price Club Inc. reported an 8.8-percent improvement in consolidated net income to ₱11.3 billion in 2025 from the ₱10.4 billion earned in 2024, driven by strong topline growth complemented by better gross margins. The firm disclosed to the Philippine Stock...
DreamWorks Animation released the first trailer of "Forgotten Island" on March 25, an original film that puts the unbreakable bond between two best friends to the ultimate test. Rooted in rich Filipino culture, the film stars H.E.R. and Liza Soberano as Jo and Raissa — lifelong best friends and...
Diplomacy is often measured in agreements and policy, but its direction can also be seen in who is leading the conversation. In Manila, the British Embassy marked Women’s Month with two gatherings that reflected a shift already underway: women are taking on a more visible and decisive role in...
Amid escalating geopolitical tensions in the Middle East triggering a global oil crisis, the Department of Science and Technology (DOST), through the Philippine Council for Industry, Energy and Emerging Technology Research and Development (DOST-PCIEERD) and Palawan State University (PalSU), will...
Razon-led International Container Terminal Services Inc. (ICTSI) has broken ground on an ₱800 million expansion in Batanga, marking the start of construction for what will become the Philippines’ second-largest container gateway. The facility, branded as the South Luzon Container Terminal, is...
Del Rosario-led PHINMA Corp. reported an attributable net loss of ₱308.83 million in 2025 after a 66-percent drop in attributable net income to ₱279.55 million in 2024, due to losses in its construction materials, property, and hotel businesses. In a disclosure to the Philippine Stock Exchange...
