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 world could soon look different in classrooms, newsrooms, and digital platforms after the United Nations backed a push to replace the familiar Mercator map with projections that more accurately show the relative size of countries and continents.
The Board of Investments (BOI) is putting key government requirements for investors into a single digital platform, aiming to make it easier to navigate permits, regulations, and procedures and reduce uncertainty in setting up projects in the Philippines.
Businesses are set to face a more targeted tax audit system as the Bureau of Internal Revenue (BIR) shifts taxpayer selection toward measurable compliance risks and tightens rules governing revenue examinations.
The Tourism Promotions Board (TPB) Philippines is urging the local meetings, incentives, conferences, and exhibitions (MICE) industry to turn growing opportunities for business events into actual bookings and broader economic gains as competition across the region intensifies.