Economy
BIR eyes broader tax relief for small businesses
The Bureau of Internal Revenue (BIR) is considering expanding its tax abatement program to businesses with annual gross sales of P3 million to below P20 million, following P266.79 million in relief granted to micro taxpayers in the program’s first four months.
Luzon Economic Corridor could reshape Philippine growth drivers
The Luzon Economic Corridor (LEC) could generate up to P2.9 trillion in economic activity during construction alone, potentially rivaling the contributions of remittances, tourism and IT-business process management (IT-BPM), according to property consultancy JLL Philippines.
Aboitiz expands clean energy, water, community sustainability programs
The Aboitiz Group has added 846 megawatts of renewable energy capacity over four years while broadening investments in water management, recycling and education, extending its sustainability agenda across power generation, infrastructure and community development.
Weak LGU spending holds back regional growth, jobs—World Bank
Philippine local governments are failing to translate a substantial share of their capital budgets into infrastructure, limiting the transport links and business activity needed to generate jobs and spread economic growth beyond major urban centers, according to a new World Bank report.
TaiwanLink Fair highlights Taiwan-Philippines business ties
The inaugural TaiwanLink Fair 2026 brought Taiwanese businesses together with Philippine government officials and industry representatives for two days of exhibitions, networking and cultural exchange at Glorietta Activity Center on Oct. 24 and 25.
