UK trade tweak lifts Philippine exports, CPTPP bid
The United Kingdom’s move to ease trade rules under its Developing Countries Trading Scheme (DCTS) is set to boost Philippine export competitiveness while strengthening the country’s push to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, according to British Ambassador Sarah Hulton.
Marcos moves tax filing deadline to May 15
President Ferdinand Marcos Jr. has approved a one-month extension for the filing of 2025 Annual Income Tax Returns (AITRs), moving the deadline from April 15 to May 15, 2026, in a bid to ease compliance and give taxpayers more preparation time.
Tough clay lessons for Eala in Stuttgart debut
In a first-time clash at the Porsche Tennis Grand Prix, a WTA 500 event, Canada’s Leylah Fernandez showcased experience and firepower to outplay Philippine rising star Alex Eala, 6-1, 6-4, in a match that doubled as a crash course on clay-court tennis.
Maynilad expands “new water” program to boost supply
The Maynilad Water Services Inc. is stepping up efforts to expand its “New Water” program to ensure a more reliable and climate-resilient water supply.
Sweeping fuel excise tax suspension risks P43.6B in revenue loss
The government could forgo up to P43.6 billion in revenues if it suspends excise taxes on all fuel products for three months, a senior Finance official said, highlighting the fiscal trade-offs as authorities move to cushion consumers from elevated oil prices.
