Economy

BIR moves to remove VAT on system loss charges

The Bureau of Internal Revenue (BIR) is preparing a circular to remove value-added tax (VAT) on allowable system loss charges, a move that could help lower electricity bills for consumers.

Jobstreet expands free hiring tools for MSMEs

Nearly half of Filipino micro, small, and medium enterprises (MSMEs) are facing a talent crunch even as most plan to expand their workforce, prompting Jobstreet by SEEK to widen access to free digital recruitment tools for smaller businesses.

Inflation pushes Filipinos to rethink money moves

Elevated inflation is reshaping how Filipinos save, spend, and invest, as persistently high living costs squeeze household budgets and erode the purchasing power of money sitting idle.

Taiwan Expo eyes deeper Philippine partnerships after deals

Taiwan Expo returns to the Philippines on Sept. 17 to 19, aiming to turn last year’s $53.4 million in business opportunities into deeper partnerships spanning technology, energy, agriculture, healthcare, and consumer products.

Cooperatives organize 3M voting bloc for 2028 polls

The Philippine Chamber of Cooperatives Inc. is organizing more than three million member-owners into a unified, non-partisan voting bloc ahead of the 2028 elections, seeking to turn the cooperative sector’s economic weight into political influence.

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