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Prime Energy sees Malampaya Phase 4 delivering gas later this year
Prime Energy, the gas exploration arm of Prime Infrastructure Capital Inc., says it is confident it will deliver the first gas from the Malampaya Phase 4 (MP4) project by the fourth quarter of 2026, staying on schedule based on current progress.
Marcos moves tax filing deadline to May 15
President Ferdinand Marcos Jr. has approved a one-month extension for the filing of 2025 Annual Income Tax Returns (AITRs), moving the deadline from April 15 to May 15, 2026, in a bid to ease compliance and give taxpayers more preparation time.
Marcos cuts LPG, kerosene excise to ease costs
President Ferdinand Marcos Jr. on Monday ordered the removal of excise taxes on liquefied petroleum gas (LPG) and kerosene, a move aimed at easing household expenses while maintaining support for domestic producers.
Gov’t eyes P42B to widen social protection coverage
The government would need about P42 billion over the next three months to expand social protection coverage for vulnerable households, Planning Secretary Arsenio Balisacan said Monday, as policymakers weigh broader support measures amid ongoing economic pressures.
Government warns Meta: curb oil crisis disinformation now
The Philippine government has directed Meta Platforms, Inc. to strengthen its safeguards against the spread of false and panic-inducing content tied to the ongoing oil crisis, warning of potential legal action if the company fails to act swiftly.
