The Bureau of Internal Revenue (BIR) filed criminal complaints on July 24, 2026, before the Department of Justice (DOJ) against Sunwest, Inc., its President Aderma Angelie Descarga Alcazar, and Treasurer Cesar Zacarias Buenaventura for tax evasion involving an estimated P22.71 billion deficiency income tax liability.
Listed food company Figaro Culinary Group Inc. has moved a step closer to carving out its fast-growing Angel's Pizza business after securing a key regulatory approval for its planned corporate restructuring.
International Container Terminal Services Inc. (ICTSI) is paying USD130 million to expand deeper into Brazil, bullish on the prospect that the South American country's booming agricultural exports will fuel its next phase of growth.