Tag: BIR

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BIR resets audits with tighter, fairer rules

The Bureau of Internal Revenue (BIR) is rebooting its audit regime, promising fewer surprises and more predictability for taxpayers as field audits officially resume. 

PEZA fast-tracks digital permits, visas, customs links

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.

Business groups back DOF tax audit reforms

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.

Government posts budget surplus in April, 4-month budget deficit widens

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...

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Deadline extended for nurse, careworker jobs in Japan

The Japanese government has extended the application deadline for nurses and careworkers applying to work in Japan under the Japan-Philippines Economic Partnership Agreement (JPEPA). Interested applicants now have until April 24, 2026 to submit their requirements.

Exporters warn shutdown risks amid fuel, supply crunch

Exporters in the Philippines are warning of looming business closures as surging fuel costs and persistent supply chain disruptions strain operations, with many firms saying they may last only a few months without urgent government support.

Tanduay boosts LTG earnings as profits hit new record in 2025

Tanduay Distillers, Inc. helped drive strong earnings for the Lucio Tan Group (LTG) in 2025, as the conglomerate posted its fourth straight year of record profits.

BSP grants relief measures amid energy crisis

The Bangko Sentral ng Pilipinas (BSP) has approved temporary relief measures to help banks and borrowers cope with rising energy costs and supply issues linked to tensions in the Middle East.

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