Economy
BIR Manila destroys 240,550 illicit vape products with P1.54B in estimated tax liability
The Bureau of Internal Revenue (BIR) Revenue Region No. 6 – City of Manila and Palawan destroyed 240,550 illicit vape products with an estimated tax liability of P1.539 billion on August 24, 2026, at the DIGAMA Waste Management Facility in Porac, Pampanga.
Philippine factories post strongest growth since 2016
Philippine manufacturing accelerated sharply in August, posting its strongest production growth in nearly a decade as stronger demand, recovering exports, and renewed hiring pointed to a broader industrial recovery.
BIR destroys P1.54-B illicit vape haul, expands crackdown
The Bureau of Internal Revenue (BIR) destroyed 240,550 illicit vape products with an estimated tax liability of P1.539 billion, underscoring the revenue at stake as authorities widen their crackdown from retail outlets to warehouses.
Philippine exporters maximize UK trade perks, eye FTAs
Philippine exporters are being urged to make fuller use of preferential access to the United Kingdom, while the government pursues free trade agreements that could secure longer-term market access as existing trade privileges eventually expire.
Maynilad, K-Water consortium advances New Clark water project
A consortium led by Maynilad Water Services Inc. and Korea Water Resources Corp. (K-Water) has secured original proponent status for a proposed P14.8-billion water supply and wastewater management project in New Clark City, moving the long-term utility project into the next stage of the public-private partnership process.
