The Bureau of Internal Revenue (BIR) is rebooting its audit regime, promising fewer surprises and more predictability for taxpayers as field audits officially resume.
The Philippine Economic Zone Authority (PEZA) is accelerating the rollout of digital permits, visa processing, and customs integration, translating the Marcos administration’s “Big Bold Reforms” agenda into concrete, on-the-ground improvements for investors.
Support for reforms initiated by the Department of Finance at the Bureau of Internal Revenue is gaining momentum, with leading business groups hailing the measures as a confidence boost for investors and a reset for tax administration.
The National Government (NG) recorded a budget surplus of P67.3 billion in April 2025, up 58 percent year-over-year, as tax collections accelerated despite a...
Despite a sharp rise in April inflation and mounting external risks, the Philippines remains “on the right track,” according to Asian Development Bank chief economist Albert Park, who spoke to CNBC during the lender’s annual meeting in Uzbekistan on Tuesday.
DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a net income of P2.8 billion in the first quarter of 2026, down 33 percent year-on-year as regulatory changes and softer consumer spending weighed on platform activity.
The Department of Information and Communications Technology (DICT) plans to cut broadband costs in the country by 40 to 80 percent by 2028 under its National Digital Connectivity Plan.