Economy

BIR clears all 8888, CSC complaints within 72 hours

The Bureau of Internal Revenue (BIR) resolved all taxpayer concerns referred through two government complaint channels within the prescribed 72-hour period in the first half of 2026, highlighting the agency’s response performance as it pursues reforms in taxpayer services.

PEZA nears 2026 investment target as approvals accelerate 

The Philippine Economic Zone Authority (PEZA) is within reach of its P300-billion investment target for 2026, with approvals hitting about P297 billion by end-September and three months left in the year.

GCash shares start as few as 100 shares or only P660 for retail investors

Mynt Inc., GCash’s operator, lets the public buy shares for as low as 100 shares — just P660 at P6.60 apiece — far lower than the usual 1,000-share minimum for small investors.

BIR expands Taxpayer Portal to large firms nationwide

The Bureau of Internal Revenue (BIR) has rolled out its Taxpayer Portal to large taxpayers in the regions, expanding digital tax services beyond Metro Manila and giving businesses easier access to government transactions.

Industry groups demand tougher standards enforcement

Industry groups are pressing the government to toughen enforcement of mandatory product standards, questioning why enforcement actions appear to fall disproportionately on retailers while manufacturers of allegedly substandard goods largely escape prosecution.

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