The cost of power obtained from the Wholesale Electricity Spot Market (WESM) in Luzon and the Visayas thus far this month trended up, according to the independent electricity market operator of the Philippines (IEMOP).
Manila Electric Co., the largest power distributor in the country, said Friday power rates will be lower in the February billing cycle on account of a net decline in the generation charge.
The Bureau of Internal Revenue (BIR) has cautioned electronic invoicing service providers against charging excessive fees as businesses prepare for the government’s mandatory electronic invoicing system, with compliance due by December 31, 2026.
Artico Cold Chain, the cold storage brand of AyalaLand Logistics Holdings Corp. (ALLHC), secured two International Organization for Standardization (ISO) certifications in September 2026, strengthening its commitment to service quality, operational efficiency and environmental responsibility across its Philippine network.
Colliers Philippines is urging the government to raise the value-added tax (VAT) exemption ceiling for residential properties, arguing that targeted tax relief could improve affordability and help absorb Metro Manila’s growing inventory of unsold condominiums.