The Philippine government’s budget deficit widened sharply in July as spending surged to support major programs and infrastructure projects, outpacing a modest increase in revenues.
The Bureau of Internal Revenue collected P13.53 billion more than its target in the first seven months of 2026, giving the government a stronger revenue base as it pushes reforms to improve tax compliance and enforcement.
The Bureau of Internal Revenue (BIR) is deepening its partnership with the Alliance of Tech Innovators for the Nation (ATIN) to boost tax compliance among online sellers, combining taxpayer education with tougher enforcement as the country's digital economy continues to expand.
The Bureau of Internal Revenue (BIR) officially kicked off its 2023 National Tax Campaign with the theme Tulong-tulong sa Pagbangon, Kapit Kamay sa Pag-ahon, Buwis na Wasto, Alay Para sa Pilipino on February 7, 2023 at the Philippine International Convention Center (PICC).
A proposed 2 x 350‑megawatt coal‑fired power facility in Jose Panganiban, Camarines Norte will undergo public scoping on December 3, 2026, as the Department of Environment and Natural Resources’ Environmental Management Bureau opens the floor for community feedback that will shape the project’s environmental review.
The Department of Agriculture (DA) has vaccinated nearly 500,000 pigs against the African Swine Fever (ASF), marking a major milestone in the seven‑year push to rebuild the country’s hog sector and stabilize local pork supply for consumers.
Fuel prices are poised for another round of cuts this week, according to a local fuel retailer, marking continued downward adjustments that will ease fuel‑related costs for motorists, households, and businesses nationwide.
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is courting Canadian renewable energy developer JCM Power to explore solar and wind projects that could help attract manufacturers, industrial locators and data centers to Casiguran, Aurora.