Tag: BIR

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Business group cheers BIR shift toward simpler taxes

Economy Context.ph Context.ph -
The Philippine Chamber of Commerce and Industry (PCCI) believes the Bureau of Internal Revenue (BIR) may finally be turning a page on one of the private sector's longest-running frustrations: a tax system often seen as costly to comply with and difficult to navigate.

ECCP sees BIR audit overhaul boosting business confidence

Economy Context.ph Context.ph -
The European Chamber of Commerce of the Philippines (ECCP) has thrown its support behind the Bureau of Internal Revenue’s (BIR) latest audit reforms, saying...

BIR pilots digital trade window, streamlines import process

Communications & Technology Context.ph Context.ph -
Bureau of Internal Revenue has joined the pilot rollout of the Department of Information and Communications Technology–led National Single Window–Integrated Trade Facilitation Platform (NSW-ITFP), marking a key step in the government’s push to digitize trade documentation and strengthen tax administration.

BOC-led raid nets P1.7-B illicit cigarette haul

Trade & Investments Context.ph Context.ph -
A major multi-agency crackdown has led to one of the Philippines’ largest recent seizures of illicit tobacco, with authorities intercepting 23 containers of smuggled...

BIR offers ‘clean slate’ tax reset for micro firms

Economy Context.ph Context.ph -
The Bureau of Internal Revenue (BIR) has rolled out a one-time tax amnesty-style program for micro taxpayers, offering thousands of small businesses a chance...
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STI Holdings’ assets climb 10% to P18.7B

Corporate 0
STI Education Systems Holdings Inc. (STI Holdings) grew its consolidated assets by 10 percent to P18.69 billion in the financial year ended June 2026, as strong tertiary enrollment and continued investments in campus infrastructure and education technology supported its financial performance.

Monde Nissin trims capex, targets premium noodle market growth

Corporate 0
Monde Nissin Corp. has reduced its 2026 capital expenditure budget to P5.4 billion from about P6.5 billion, prioritizing a new biscuit manufacturing plant in Northern Luzon as it navigates softer noodle volumes and intensifying competition from premium imports.

ERC issues show cause orders against power firms over excessive unplanned outages

Energy & Mining 0
The Energy Regulatory Commission (ERC) has stepped up its drive to keep electricity supply steady, issuing 24 show cause orders to 13 power generation companies whose facilities repeatedly went offline beyond allowed limits. Released on October 14, 2026, these orders require the firms to submit verified explanations on why their units exceeded the allowable equivalent unplanned outage limits set under existing reliability rules.

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