Economy

Broad coalition seals pact for cleaner builds

A rare alliance of government, church, business and local executives has formalized a transparency push aimed at tightening oversight of billions of pesos in public works.

BIR rolls out friendly nationwide tax audits

In a shift from stern audits to street-level support, the Bureau of Internal Revenue (BIR) fanned out across the country on February 23 for a Nationwide Simultaneous Friendly Tax Compliance Verification Drive (TCVD), putting dialogue ahead of discipline.

Safeguard duty imposed to shield cement industry

The government’s decision to slap safeguard duties on imported cement is expected to steady the domestic market and restore fair competition, following the release of Customs Memorandum Circular No. 42-2026.

DOE circular strengthens grid reliability amid shift to renewable energy

The Department of Energy (DOE) has issued a new circular categorizing energy resources and technologies to ensure a reliable, adequate, and sufficient power supply across the country’s grid.

Filipino investors turn to Dubai as offshore property demand surges

Dubai-based developer DAMAC Properties has partnered with ERA Philippines to give Filipino investors direct access to real estate opportunities in the Middle East, highlighting growing local interest in offshore market diversification.

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