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.
Philippines is moving to expand agricultural exports to Japan while simultaneously importing advanced logistics and post-harvest technologies that officials say could reshape domestic supply chains, Agriculture Secretary Francisco Tiu Laurel Jr. said following meetings in Tokyo.
The Philippines’ tourism sector posted a more nuanced performance in 2025: employment continued to rise, but its overall economic footprint softened, pointing to a recovery that is steady in participation but uneven in value generation.
The Department of Agriculture (DA) has reactivated its El Niño task force to prepare for a likely moderate-to-strong dry spell hitting in the fourth quarter of 2026 and lasting into early 2027. DA Secretary Francisco Tiu Laurel Jr. emphasized urgent, coordinated steps to shield crops, farmer incomes, food supply, and prices from harm.