Tag: SP New Energy Corp.

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Travel groups urge clearer BIR tax rules

Leading Philippine travel associations are 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.

Yindjibarndi Energy renewable venture starts construction

Yindjibarndi Energy Corp., a partnership between the Yindjibarndi Aboriginal Corp. and Philippine-listed renewable energy firm ACEN Corp., will begin construction of the Jinbi Solar Project in Western Australia’s Pilbara region after reaching Financial Close and securing a 30-year power purchase agreement with Rio Tinto.

Finance, real estate drive PH FDI growth

Foreign direct investments (FDIs) flowing into the Philippines reached a net inflow of US$590 million in February 2026, bringing the total for the first two months of the year to US$1 billion, according to the Bangko Sentral ng Pilipinas (BSP).

Top Line sustains growth via retail expansion

Listed fuel distributor and retailer Top Line Business Development Corp. sustained its double-digit growth momentum in the first quarter of 2026, driven by strong commercial fuel demand and rapid retail expansion across the Visayas.

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