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BIR readies for Marcos tax reforms as bills advance

The Bureau of Internal Revenue (BIR) is gearing up for the Marcos administration's proposed tax reforms, preparing its systems and processes ahead of congressional approval to ensure quicker implementation once the measures become law.

Ayala, Yuchengco projects get boost from lifted IT ban

At least five major office developments, including projects of Ayala Land Inc. and companies under the Yuchengco Group, are set to move closer to securing PEZA incentives after the government lifted the seven-year moratorium on new Information Technology (IT) Parks and IT Centers in Metro Manila.

BYD urges faster EV charging rollout as demand grows

BYD Cars Philippines expects the country's electric vehicle market to maintain its rapid growth, but says the next phase of expansion will hinge on how quickly the government and private sector can build charging infrastructure.

Philippine performing arts targets bigger Asia market

The Philippine performing arts industry is looking beyond the local stage, with government agencies launching a trade-focused initiative to help Filipino creatives win more international deals and capture a bigger share of Asia's fast-growing cultural economy.

GCash pushes AI adoption as cyber risks rise 

Artificial intelligence is reshaping industries worldwide, but Philippine businesses are still lagging in adoption, prompting GCash to rally government, regulators and the private sector behind a faster, safer digital transformation.

Just in

BIR cracks down on unregistered sabong betting systems; 297 machines, devices flagged

The Bureau of Internal Revenue (BIR) conducted simultaneous enforcement operations on 11 cockpit arenas on August 8, 2026, and found 297 betting machines, computerized betting units, servers, and other devices without the required Permit to Use (PTU) and not appearing in BIR records. These were sealed or confiscated, as warranted under existing rules.

APECO eyes defense hub on Pacific seaboard 

The Aurora Pacific Economic Zone and Freeport Authority is positioning its sprawling economic zone in Casiguran, Aurora as a potential defense-industrial hub as the Philippines strengthens strategic infrastructure along its Pacific seaboard.

DTI targets P1B sales from trade fairs

The Department of Trade and Industry is targeting more than P1 billion in sales from national trade fairs this year as it expands government-led marketplaces designed to connect Filipino micro, small, and medium enterprises with domestic and international buyers.

GSIS allocates  ₱4.4 billion in emergency loans for typhoon-hit areas 

The Government Service Insurance System (GSIS) has set aside nearly ₱4.4 billion in emergency loan assistance for 166,789 active members as well as old-age and disability pensioners across nine areas in Luzon reeling from recent typhoons and the southwest monsoon.
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