Tag: New Franchise

The Philippine Amusement and Gaming Corporation (PAGCOR) posted a sharp decline in first-half revenues as softer gaming activity, particularly in its electronic gaming business, offset continued growth in government remittances.

Rizal Commercial Banking Corp. (RCBC) weathered a more volatile operating environment in the first half of 2026, posting lower earnings after setting aside bigger provisions against potential credit risks even as its core lending business continued to gather momentum.

The Bureau of Internal Revenue (BIR) is gearing up for the Marcos administration's proposed tax reforms, preparing its systems and processes ahead of congressional approval to ensure quicker implementation once the measures become law.

At least five major office developments, including projects of Ayala Land Inc. and companies under the Yuchengco Group, are set to move closer to securing PEZA incentives after the government lifted the seven-year moratorium on new Information Technology (IT) Parks and IT Centers in Metro Manila.