Tag: BIR

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BIR fast-tracks PNOC fuel imports amid crisis

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.

Business applauds BIR’s clean up drive

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.

BIR rolls out friendly nationwide tax audits

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.

Full digitalization seen restoring trust in tax system

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.

PCCI backs BIR’s modernized audit reforms, urges consistent rollout

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.

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Globe: Build connectivity into homes from day one

At the Subdivision and Housing Developers Association Convention, Globe presented connectivity as a fundamental component of modern housing rather than an auxiliary service.

Housing market softens as regional divergence hits record slowdown 

Residential property prices across the country experienced a significant cooling period in the second quarter of 2026, registering their slowest year-on-year growth rate since tracking began in 2019, according to the Bangko Sentral ng Pilipinas (BSP). While property values in the National Capital Region continued to expand, this upward momentum was dragged down by a widespread price drop in regions outside the capital. The downturn, the BSP noted, was most pronounced in regions beyond Greater Manila, marking the first time overall prices outside the capital region have contracted on an annual basis and signaling a clear shift in the country's housing dynamics.

ICTSI takes full ownership of Brazil Logistics subsidiary  

International Container Terminal Services Inc. (ICTSI) is taking full ownership of its Brazilian logistics unit iTracker Logistica Inteligente, acquiring the remaining 30 percent stake in a move that expands its control of the intermodal business serving the Port of Rio de Janeiro.

E3 2026 gains strong industry backing ahead of October WTCMM Expo

E3 2026 gains strong industry backing ahead of October WTCMM Expo Corporate bulletin Event Experience Expo (E3) 2026 is drawing wide support across the MICE sector, with leading firms signing on as partners and sponsors for the October 28–29 event at World Trade Center Metro Manila. The growing roster covers event tech, production, AV, staging, build, logistics, creative services, F&B and more, representing every part of bringing events from plan to reality. WTCMM Chairman and CEO Pamela D. Pascual said modern events must build meaningful connections, drive business, and keep pace with changing tech and expectations. This broad participation shows the value of one shared platform, making E3 a marketplace where buyers find solutions and suppliers showcase expertise, share ideas, and create new opportunities. Official partners are Jublia AI, Geyme, Philippine Daily Inquirer, and Inquirer Business and Inquirer.net. Gold Sponsors include Tourism Promotions Board, Sound Check, Stage Riggers, Video Sonic, Maxione Production, PMX, Go Live Asia, Cityneon, Event Solutions, Ovation Productions, and Westlines Design Technologies. Silver Sponsors are Xstatic, Creativents, Wildsfire, Projection X Events, Starxpo, Confetti Effects, Chamber of Furniture Industries of the Philippines, Precision, IMMRVS Asia, and Straight Up Advertising. Beyond exhibits, E3 offers business matching, buyer engagements, and masterclasses on new tech, trends, and planning best practices. It aims to become the Philippine events sector’s regular hub while expanding regional links. Hosted and organized by WTCMM, the expo runs October 28–29, 2026. WTCMM brings over 26 years of experience, is the country’s first UFI-recognized venue, ISO-certified, DOT- and TPB-accredited, and a member of TCP and PACEOS.

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