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).
OceanaGold (Philippines) Inc. grew its third-quarter net income by 5 percent to USD28.3 million as higher gold prices, improved by-product credits, and lower sustaining capital expenditures boosted margins and generated USD51.4 million in free cash flow at its Didipio gold-copper mine.
Maynilad Water Services Inc. increased its net income by 10 percent to P12.6 billion in the first nine months of 2026, as higher billed water volume, improved network efficiency, and lower financing costs supported earnings despite elevated operating costs and inflationary pressures.
The Philippine Economic Zone Authority (PEZA) is tapping 200 economic zones along the Luzon Economic Corridor to attract manufacturing and technology investments, as the government seeks to strengthen the country’s position in regional supply chains and turn the Subic-Clark-Manila-Batangas route into a more integrated industrial hub.
China Banking Corp. (China Bank) grew its nine-month net income by 12 percent to P22.6 billion in 2026, as stronger lending activity and wider interest margins boosted core banking revenues while asset quality remained stable.