The Bureau of Internal Revenue (BIR) has expedited the emergency importation of petroleum products by PNOC Exploration Corporation (PNOC-EC), issuing a special permit through its Large Taxpayers Service (LTS) to accelerate the transaction under a declared energy emergency.
The Makati Business Club has thrown its support behind a bold internal crackdown at the Bureau of Internal Revenue, welcoming the filing of cases against 25 revenue personnel accused of misusing Letters of Authority.
In a shift from stern audits to street-level support, the Bureau of Internal Revenue (BIR) fanned out across the country on February 23 for a Nationwide Simultaneous Friendly Tax Compliance Verification Drive (TCVD), putting dialogue ahead of discipline.
Tax reform advocate Mon Abrea is pressing for full digitization and structural overhaul to rebuild confidence in the Philippine tax system, arguing that credible reform is key to unlocking investment.
The Philippine Chamber of Commerce and Industry (PCCI) has welcomed the Bureau of Internal Revenue’s (BIR) move to lift the suspension on tax enforcement activities and roll out a modernized audit framework, calling the reforms a major step toward a more transparent, predictable, and fair tax system.
Ayala Land Offices is raising the sustainability benchmark for premium office developments after all three towers of One Ayala secured both LEED and EDGE Zero Carbon certifications, giving the Makati complex a stronger edge as companies increasingly prioritize environmentally responsible workplaces.
Senator Rodante Marcoleta surrendered to the Sandiganbayan on Monday and is now under police custody after the anti-graft court issued a warrant for his arrest in connection with a non-bailable plunder case over the alleged nondisclosure of P75 million in campaign contributions. Interior and Local Government Secretary Jonvic Remulla personally supervised the warrant's implementation at the court. Former congressman Mike Defensor and two businessmen named as co-accused have yet to be arrested. The case marks a major escalation in one of the country's highest-profile corruption cases, with the Sandiganbayan finding probable cause to proceed with the charges while Marcoleta continues to enjoy the presumption of innocence.
ACEN Corp. is bringing in a strategic partner for one of its wind projects in India as it continues to recycle capital while expanding its renewable energy footprint overseas.