Economy
BIR puts compliance first in nationwide tax crackdown
The Bureau of Internal Revenue (BIR) stepped up its nationwide tax enforcement campaign on June 30, but stressed that helping taxpayers comply remains its first priority, with business closures reserved as a last resort.
Factory recovery continues but confidence loses steam in June
Philippine manufacturing extended its recovery for a second straight month in June as stronger domestic demand lifted factory output and new orders, although businesses turned more cautious about the months ahead.
Metro Manila minimum wage jumps by record P85
More than 1.1 million minimum wage earners in Metro Manila will receive a record P85 daily wage increase in two tranches starting July 19, giving workers an immediate pay boost while allowing employers more time to adjust to higher labor costs.
PH, US seek broader economic ties under new envoy
President Ferdinand R. Marcos Jr. signaled a renewed push to deepen economic and commercial ties with the United States as he welcomed newly appointed US Ambassador Lee Lipton to Malacañang on Tuesday, underscoring that the alliance between the two countries extends well beyond security cooperation.
Business seeks clearer PPP rules to fasttrack projects
The private sector is pushing for clearer merger exemption rules for public-private partnership (PPP) projects, arguing that greater regulatory certainty would accelerate infrastructure investments without compromising market competition.
