Tag: Philippine National Oil Co. (PNOC)

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PSAC proposes tax shift, affordable housing to stem real estate slowdown

The Private Sector Advisory Council Infrastructure Sector, or PSAC-Infra, has laid out key recommendations to manage rising property costs, expand access to affordable housing, and protect jobs and investments as the real estate sector grapples with higher expenses for construction and financing. The proposals were presented during a special meeting with President Ferdinand Marcos Jr. at Malacañang on September 22, alongside updates on artificial intelligence and investment policies.

BIR tax refunds double to boost business

The Bureau of Internal Revenue unleashed P23.67 billion in tax refunds between January and September 2026—a staggering 90 percent surge from last year's P12.42 billion. This massive cash injection throws a critical lifeline to Philippine enterprises battling crushing energy costs and soaring operating expenses.

SMX mixes business and appetite in regional culinary push

Forget boring conference chicken and rubbery convention sandwiches. SMX is officially putting the flavor back in the meetings, incentives, conventions, and exhibitions (MICE) sector, proving that business deals go down a whole lot smoother when paired with authentic local eats.

Clark pushes local sourcing to build resilient supply chains

The Clark Development Corp. (CDC) is driving local supply chain integration within the Clark Freeport Zone, urging manufacturers and exporters to source materials from fellow locators to cut import reliance under the Luzon Economic Corridor (LEC).

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