BIR clears confusion over revised withholding tax rules
The Bureau of Internal Revenue (BIR) has issued fresh guidance to help businesses correctly apply revised creditable withholding tax (CWT) rules, ending months of uncertainty for thousands of large companies covered by the new regulations.
Modernized Lucena Port Terminal to open next month, boosting Southern Luzon travel and economy
The Department of Transportation announced this week that the newly upgraded passenger terminal building at the Port of Lucena will expand capacity and support tourism, business, and maritime travel across Southern Luzon.
DICT seeks P2.7B 2027 budget to expand eGov programs and super app
The Department of Information and Communications Technology (DICT) is asking for an estimated P2.7 billion budget for next year to sustain and further develop the government’s e-Government initiatives, including upgrades to cloud infrastructure, stronger cybersecurity, better system integration, and continued work on the eGov Super App.
ASEAN warns Middle East conflict threatens regional business stability
ASEAN foreign ministers have warned that escalating tensions in the Middle East could disrupt trade, push up energy costs and strain regional supply chains, raising fresh concerns for businesses already navigating an uncertain global economy.
SMBC Aviation Capital orders 100 more Airbus A320neo family aircraft
SMBC Aviation Capital has placed a firm order for 100 additional aircraft from the Airbus A320neo Family, consisting of 65 A321neo and 35 A320neo units. The agreement was officially confirmed on 20 July 2026 during the Farnborough International Airshow in the United Kingdom.
