Tag: PTAA

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Travel agencies urge clearer BIR tax rules

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.

PTAA unveils tourism drives to boost jobs 

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.

PTAA backs airlines, urges tax relief measures

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 ease rules due to Middle East  tension disruptions

Airlines serving the Middle East are loosening ticket rules and waiving costly penalties as geopolitical tensions continue to disrupt flight schedules across the region.

PTAA presses airlines to ease passengers burden due to Middle East tensions

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.

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Chef’s struggle with vegetables sprouts a wellness business

It is perhaps the rare business venture in which a chef’s biggest critic turned out to be his own appetite.

Swiss envoy urges exporters to embed sustainability in business

Filipino exporters face growing pressure to document their environmental and social performance as sustainability standards increasingly shape access to global markets, Swiss Ambassador Edgar Doerig said, urging businesses to adopt stronger reporting and responsible supply-chain practices to remain competitive.

Manila conference to chart inclusive farm modernization across Asia-Pacific

The Department of Agriculture (DA) and the UN Food and Agriculture Organization (FAO) are bringing together governments, agribusinesses, technology providers, and development partners in Manila this month to expand access to affordable farm machinery and services—key to cutting production costs, easing farm labor shortages, and raising incomes for millions across the Asia-Pacific region.

Foreign currency reserves drop to $97.4B

The Bangko Sentral ng Pilipinas (BSP) reported that the country’s gross international reserves (GIR) stood at $97.4 billion as of end-October 2026. This dip in foreign currency reserves was primarily driven by the central bank’s active foreign exchange interventions, downward adjustments in the value of gold assets amid shifting global prices, and the national government withdrawing funds from its central bank deposits to cover foreign debt service obligations alongside other international funding needs.

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