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.
Metro Manila’s property market is turning cautious, with office leasing decisions slowing and condominium developers dialing back new launches as vacancies climb, according to Colliers Philippines.
The Department of Agriculture (DA) on Tuesday rolled out its P20 per kilo rice program in Makati City, serving about 750 beneficiaries during the launch attended by Mayor Nancy Binay and other local officials.
AirAsia Philippines has appointed Anna Victoria Lu as its new president and general manager, signaling a leadership reset as the airline moves into a new growth phase.
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.
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.
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.
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.