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BIR files P22.71-B tax evasion case against Sunwest Inc., top officers before DOJ

The Bureau of Internal Revenue (BIR) filed criminal complaints on July 24, 2026, before the Department of Justice (DOJ) against Sunwest, Inc., its President Aderma Angelie Descarga Alcazar, and Treasurer Cesar Zacarias Buenaventura for tax evasion involving an estimated P22.71 billion deficiency income tax liability.

Elon Musk learns trillion-dollar fortunes can wobble

Elon Musk has just misplaced about USD260 billion. Before anyone starts a crowdfunding campaign, though, he's still worth an estimated USD745 billion—comfortably enough to remain the world's richest person.

EU presses final push for Philippines trade deal

The European Union is calling for greater flexibility from both sides as negotiations for a free trade agreement (FTA) with the Philippines enter what Brussels describes as the "final stretch," raising expectations that a long-awaited pact could soon unlock new trade and investment opportunities.

Figaro clears key hurdle for Angel’s Pizza spin-off

Listed food company Figaro Culinary Group Inc. has moved a step closer to carving out its fast-growing Angel's Pizza business after securing a key regulatory approval for its planned corporate restructuring.

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