Tag: Bureau of Internal Revenue (BIR)

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UNAHCO explores ecozone investments to boost expansion

UNAHCO, Inc., the animal nutrition and healthcare arm of United Laboratories, Inc. (UNILAB), is considering investments in Philippine economic zones to strengthen its agro-industrial operations and expand its nationwide manufacturing and logistics network.

Cayetano elected new Senate President as impeachment looms

In a surprising turn Monday, all Senate positions were declared vacant by a 13-10 vote, with one abstention. Senator Alan Peter Cayetano was elected new Senate President following a nomination by presidential sister Senator Imee Marcos. The abrupt leadership revamp pushed by the pro-Duterte bloc comes ahead of an impending vote by the House of Representatives on the impeachment of Vice President Sara Duterte. The Senate will act as impeachment court if the House endorses the charges against the vice president. Cayetano’s leadership could significantly influence proceedings, and if the pro-Duterte bloc’s support for him holds, it may foreshadow the outcome of the impeachment trial.

BSP backs stronger ASEAN+3 cooperation

The Bangko Sentral ng Pilipinas (BSP) joined other central banks and finance ministries in reaffirming support for stronger regional cooperation during the 29th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting held recently in Samarkand, Uzbekistan. The meeting took place alongside the Asian Development Bank Annual Meeting amid growing global economic uncertainties.

OGPI exceeds gold sale commitment to BSP

OceanaGold (Philippines) Inc. said it sold about 6,684 ounces of gold doré to the Bangko Sentral ng Pilipinas in 2025, equivalent to 31 percent of its annual gold production.

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