The Bureau of Internal Revenue said Tuesday the electronic marketplaces operating in the country such as Shoppee and Lazada should start imposing withholding tax on sellers and merchants using their online platform.
Agriculture Secretary Francisco P. Tiu Laurel, Jr. urged the Philippine Crop Insurance Corp. (PCIC) to modernize its operations and develop more affordable insurance products and services to better serve farmers, fisherfolk and livestock raisers.
Del Monte Pacific Ltd. expressed confidence it could timely and effectively manage its financial obligations after the Singapore Exchange Securities Trading Ltd., or SGX, raised concerns about its current liabilities exceeding the amount of its current assets by USD417.3 million and other financial indicators.
Jollibee Foods Corp., the country’s largest restaurant chain, said it experienced during the weekend a cybersecurity incident resulting in a personal data breach affecting the company and several of its subsidiaries.
Movem, the e-mobility arm of Manila Electric Co. (Meralco), has teamed up with Rockwell Property Management Corp. to launch five electric vehicle (EV) charging stations at Edades Tower and Edades Suites in Rockwell Center.
At Ninoy Aquino International Airport, the runway is not the only thing shifting. Airlines are now studying a government proposal to redraw the airport map itself, clustering carriers by business model in a sweeping terminal realignment.
Toyota Motor Philippines has been named the country’s “Top 2 Importer” for 2025 after remitting a record P52.517 billion in duties and taxes, marking the company’s highest annual contribution since its operations began.