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BIR unveils portal to simplify corporate taxes

The government is stepping up its digital reform drive to make tax compliance faster, simpler, and less burdensome for the country’s biggest taxpayers, with the Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) launching a centralized Taxpayer Portal for firms under the Large Taxpayers Service (LTS).

ERC proposes key reforms to address PH power sector challenges

The Energy Regulatory Commission (ERC) is pushing for critical updates to Philippine power market rules and systems, aiming to fix current gaps and adapt to modern energy needs. The proposed changes carry major policy weight, as they seek to make power supply more reliable, affordable, and responsive to changing conditions.

Panhua expands Philippine steel investment plan to  $3.5B

The Philippines’ drive to strengthen its domestic manufacturing base gained fresh momentum after Chinese steel giant Panhua Group Co., Ltd. expanded its planned investment in the country to USD3.5 billion, signaling rising foreign investor confidence in the local industrial sector.

Globe launches new connectivity solutions to ease cost pressures for consumers, businesses 

Globe Telecom Inc. introduced a wide range of mobile, home, and enterprise solutions on Tuesday, designed to help Filipinos cope with economic challenges and rising expenses.

NFA taps rice mills to boost Mindanao palay output

The National Food Authority (NFA) has partnered with 15 rice mills in Soccsksargen under an emergency program to strengthen food security and free up warehouse space to buy palay from about 1,100 farmers in Central Mindanao, the Department of Agriculture (DA) announced Tuesday.

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Cebu advances digital governance through PLDT Enterprise partnership

The Province of Cebu is accelerating its digital transformation via a formal collaboration with PLDT Enterprise to boost connectivity, workforce efficiency, and public service delivery.

Philippines posts notable PISA gains; PCCI seeks policy continuity and stronger system alignment

The Philippine Chamber of Commerce and Industry (PCCI) has congratulated the Department of Education (DepEd), under Secretary Sonny Angara, on the country’s marked improvement in the 2025 Programme for International Student Assessment (PISA).

SEC halts Takoyadon owner’s illegal investment scheme; warns of further legal action

The Securities and Exchange Commission (SEC) has issued a cease and desist order against Nego Food Solution Corp.—operator of the Takoyadon Japanese restaurant chain—and several individuals for illegally soliciting investments from the public.

Wholesale power rates rise 11.8% in August; Visayas and Mindanao see sharp, costly spikes

Average electricity prices across the Philippines in the Wholesale Electricity Spot Market (WESM) climbed 11.8 percent in August, driven by steep cost surges in Visayas and Mindanao even as Luzon rates fell, data from the Independent Electricity Market Operator of the Philippines (IEMOP) showed Wednesday.
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