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BIR says taxpayers can file, pay anywhere ahead of April 17 deadline

In an effort to provide optimal services to taxpayers, the Bureau of Internal Revenue (BIR) has authorized the filing and payment of the 2022 Annual Income Tax Return (AITR) anywhere.

Philippine Business Bank completes P500M SRO

Listed Philippine Business Bank (PBB) has raised another P500 million through the sale of shares to existing shareholders to raise much needed capital in its bid to transform into a universal bank in the next two years.

‘Power interruptions likely if regulator bucks supply contract extension’

The National Grid Corporation of the Philippines (NGCP) warned of intermittent power interruptions resulting from the denial by the Energy Regulatory Commission (ERC) of its request for the extension of ancillary service (AS) agreements while the competitive selection process (CSP) is underway.

Oil prices down for second consecutive week

Local oil retailers are implementing a second rollback in fuel prices in as many weeks. Seaoil on Monday announced a cut in the per liter price of its products by P0.85 for...

Regulators allow Megawide to sell 15M preferred shares

Megawide Construction Corp. said Monday the Securities and Exchange Commission has approved its primary offering of and certificate to sell 15 million perpetual series...

Just in

Toyota Philippines profit hits record on EV push 

Toyota Motor Philippines (TMP) booked a record P19 billion net income in 2025, up 18.9 percent from P16.03 billion a year earlier, parent GT Capital Holdings reported, as strong vehicle demand and an expanding electrified lineup lifted results.

Monetary Board holds interest rate steady amid inflation risks 

The country’s Monetary Board kept its key interest rate unchanged at 4.25 percent, saying it is closely watching rising inflation risks and uncertain global conditions.

Filinvest boosts spending to P27.6B, focuses on power and real estate

Filinvest Development Corp. (FDC) plans to increase its capital spending this year by 11 percent to P27.6 billion, up from P24.8 billion in 2024, mainly to fund power and real estate projects.

Imported rice prices may be capped soon, pending Malacanang order

The Department of Agriculture (DA) said a presidential executive order is required to implement a proposed price cap on imported rice.
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