Economy
Singapore cleantech firm explores urban mining facility
Singapore-based cleantech company BioMetallica is sizing up the Philippines for a potential urban mining facility that would recover valuable metals from electronic waste and other industrial materials, according to the Board of Investments (BOI).
BIR expands taxpayer portal, develops AI tax assistant
The Bureau of Internal Revenue (BIR) is taking its digital tax reforms to regional offices next month while developing an artificial intelligence-powered assistant designed to make decades of tax rules easier to search and understand.
JTI targets wider exports with ₱1.9-B Batangas plant
JT International (JTI) is positioning its P1.9-billion Dry Ice Expanded Tobacco (DIET) plant in Batangas to support potential production growth and broaden the Philippines’ export reach, as the country strengthens its role as the tobacco giant’s manufacturing hub for Asia.
BIR digital tracker targets faster taxpayer services nationwide
The Bureau of Internal Revenue (BIR) is testing a digital document tracking system designed to cut processing delays, reduce misplaced records and strengthen accountability as the tax agency pushes to make taxpayer services faster and more efficient.
JTI warns tax hikes could fuel illicit cigarette trade
Japan Tobacco International (JTI) is warning that further increases in excise taxes on cigarettes could accelerate the decline of the Philippines’ legitimate tobacco market, potentially creating more room for illicit cigarettes to expand.
