Economy

BIR warns e-invoicing providers against excessive fees

The Bureau of Internal Revenue (BIR) has cautioned electronic invoicing service providers against charging excessive fees as businesses prepare for the government’s mandatory electronic invoicing system, with compliance due by December 31, 2026.

BCDA opens P14.8B Clark water project to challengers

The Bases Conversion and Development Authority (BCDA) has invited competing proponents to challenge a P14.8-billion water supply and wastewater project in New Clark City (NCC), setting an October 20, 2026, deadline for qualification documents as it moves to competitive bidding.

PCCI presses for actionable reforms on energy, food security

The Philippine Chamber of Commerce and Industry (PCCI) is calling for concrete policy responses to the country’s energy and food security challenges, warning that mounting business costs, global economic volatility, and trade disruptions are putting pressure on local enterprises’ competitiveness.

Philippines semiconductor industry eyes gains from AI boom

The Philippines is positioned to attract fresh semiconductor investments as surging demand for artificial intelligence (AI), electric vehicles and advanced computing drives manufacturers to expand production and diversify supply chains across Asia Pacific.

Philippines explores Norway’s system to boost plastic recovery

The Philippines is exploring Norway’s deposit-return system for beverage containers and advanced recycling technologies as it seeks to close gaps in plastic waste recovery and help businesses meet obligations under its Extended Producer Responsibility (EPR) law.

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