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The Bureau of Internal Revenue (BIR) is testing a digital document tracking system designed to cut processing delays, reduce misplaced records and strengthen accountability as the tax agency pushes to make taxpayer services faster and more efficient.

Electrified vehicles could account for as much as 30 percent of Philippine automotive sales by yearend, underscoring the rapid shift toward alternative powertrains even as the broader vehicle market is expected to contract.

The Aurora Pacific Economic Zone and Freeport Authority (APECO) is targeting up to 1 gigawatt (GW) of renewable energy capacity in Casiguran, Aurora, as it seeks to build the power infrastructure needed to attract manufacturers and accelerate industrialization in the province.

Japan Tobacco International (JTI) is warning that further increases in excise taxes on cigarettes could accelerate the decline of the Philippines’ legitimate tobacco market, potentially creating more room for illicit cigarettes to expand.