Economy
BIR rolls out eARMS to tighten tax collection, eases delinquencies settlement
The Bureau of Internal Revenue (BIR) has rolled out a new digital system nationwide aimed at tightening the collection of delinquent taxes while making it easier for taxpayers to verify and settle outstanding obligations.
Philippines, WIPO target IP financing for 500,000 entrepreneurs
The Philippines is seeking to turn intellectual property into a financing and growth tool for small businesses, with the government and the World Intellectual Property Organization (WIPO) targeting at least 500,000 Filipino entrepreneurs under an expanded partnership.
BIR streamlines tax refunds to reduce filing delays
The Bureau of Internal Revenue (BIR) has tightened and clarified its tax refund procedures, seeking to reduce filing confusion, prevent applications from being sent to the wrong offices and give taxpayers clearer expectations on processing times.
AMRO Slashes Philippine Growth Forecast as ASEAN Pulls Ahead
The ASEAN+3 Macroeconomic Research Office (AMRO) has sharply cut its Philippine growth forecasts for 2026 and 2027, leaving the economy trailing most of its Southeast Asian peers as inflation, weak investment and external pressures constrain activity.
Toshiba plans major Philippine expansion, adding 3,000 jobs
Toshiba Corp. is preparing a major three-year expansion of its hard disk drive manufacturing operations in the Philippines, potentially adding 3,000 jobs as rising demand for data storage strengthens the country’s role in the global technology supply chain.
