The Philippine government has signed an agreement with the United States aimed at developing the country’s critical minerals and rare earths sector, a move seen as key to transforming the Philippines into a regional minerals processing hub.
The House of Representatives’ justice committee on Wednesday, February 4, junked two impeachment complaints against President Ferdinand Marcos Jr., saying the petitions failed to sufficiently establish impeachable offenses. The dismissal effectively grants Marcos a one-year immunity from impeachment, as the Constitution allows only one proceeding against an official per year. The complaints, separately endorsed by Pusong Pinoy Rep. Jett Nisay and the Makabayan bloc, faulted the President for flood control failures and budgetary problems. The Makabayan-backed petition went further, alleging systemic corruption through a “BBM parametric formula,” abuse of unprogrammed funds, and Marcos’ alleged direct role in kickbacks.
The Bureau of Internal Revenue (BIR) is set to resume tax audits under a new, tighter framework after securing broad support from the private sector for its proposed reforms.
The Bureau of Internal Revenue (BIR) on January 23 launched a sweeping reform agenda that puts audit reform and accountability at the center of tax administration, as the agency prepares to resume tax audits under stricter rules, clearer safeguards, and stronger oversight.
Meralco and the Philippine National Police (PNP) have shut down an illegal electric meter selling operation in Sta. Cruz, Manila as part of efforts to stop electricity theft.