A leading Philippine travel association is pressing the government to clarify tax rules for agency transactions, warning that inconsistent interpretations by Revenue District Offices (RDOs) are driving up compliance costs and sparking audit disputes.
The Philippine Travel Agencies Association (PTAA) is rolling out a pair of initiatives designed to stimulate domestic tourism and generate livelihoods, as the industry contends with rising fuel costs and evolving travel demand.
The Philippine Travel Agencies Association (PTAA) has thrown its support behind airline partners facing mounting cost pressures from volatile fuel prices, while calling on the government to provide relief measures and improve the timeliness of advisories to minimize disruption across the travel sector.
Airlines serving the Middle East are loosening ticket rules and waiving costly penalties as geopolitical tensions continue to disrupt flight schedules across the region.
The Philippine Travel Agencies Association (PTAA) is seeking fare waivers and stronger passenger assistance from Middle Eastern airlines as regional tensions disrupt flight routes and send international ticket prices sharply higher.
The Securities and Exchange Commission (SEC) has issued cease-and-desist orders against three entities for illegally soliciting investments from the public without proper registration or license.
Mynt Inc.’s roster of more than 20 local and foreign institutional investors for its P92.32 billion initial public offering underscores the firm’s strong long-term fundamentals. The lineup includes major international names making their first such commitments in the Philippines or Southeast Asia, signaling deep confidence in GCash and the country’s digital economy.
There is a particular moment in every Filipino basketball game when somebody on the sidelines becomes a coach. It does not matter if the game is in the PBA, UAAP, NBA, or a barangay court with one hoop, a cracked backboard, and a dog wandering underneath it. Somebody always knows what the team should be doing. “Pass!” “Box out!” “Take the shot!” “Why is he still playing?” It is not necessarily criticism. It is participation.