Economy

2024 will go down as the year of numerous clarifications and amendments in Philippine tax rules. Both the Bureau of Internal Revenue (BIR) and National Government are active in improving…

THE Bureau of Internal Revenue (BIR) said it will likely miss its P362.2-billion excise tax collection goal this year due to declining demand for tobacco products. “The trend in tobacco…

AT LEAST 105 renewable energy (RE) projects may be offered to new developers, with the Department of Energy (DoE) working on the cancellation of the original contract awards due to…

DAVAO CITY — Davao City Durian Industry Council President Emmanuel Belviz said on Friday that three exporters are awaiting the approval of their China Import Food Enterprise Registration (CIFER) prior…

By Adrian H. Halili, Reporter THE National Food Authority’s (NFA) new system for setting the purchase price for palay (unmilled rice) is supporting farmers as farmgate prices for the grain…

MANILA International Airport Authority (MIAA) is seeking the assistance of the Asian Development Bank (ADB) to help define its role and functions as the sole regulator of the Ninoy Aquino…

THE Department of Trade and Industry (DTI) said it partnered with its Japanese counterpart, the Ministry of Economy, Trade and Industry (METI), to accelerate the adoption of an electronic vehicle…

LONG-RUNNING concerns about red tape and value-added tax (VAT) refunds stand a good chance of being addressed by the proposed amendments to the Corporate Recovery and Tax Incentives for Enterprises…

THE GOVERNMENT has added 23 projects with a combined value of P66.54 billion to the public-private partnership (PPP) pipeline, the PPP Center said. The latest additions bring the number of…

IN BRIEF: • While entrepreneurs represent 10% of the adult population, their ventures account for 70% of employment, making them the most important drivers of job creation • Entrepreneurs solve…