Editor’s Pick

TIGON POWER CORP.’s P12.36-billion ground-mounted solar power plant is set to receive green lane treatment after it was certified by the One-Stop Action Center for Strategic Investments (OSACSI), the Board…

THE Department of Finance (DoF) rejected claims that it inflated its estimate of reserves held by the Philippine Health Insurance Corp. (PhilHealth) by P28.08 billion to justify the government’s raid…

THE National Food Authority (NFA) reported that it procured 208,691.6 metric tons (MT) of palay, or unmilled rice in the fourth quarter, equivalent to 4.17 million bags weighing 50 kilograms…

THE Bureau of Internal Revenue (BIR) has upheld the tax exemption on the P7,000 uniform or clothing allowance of government employees. “Pursuant to Sections 4 and 244 in relation to…

Capping off the first month of 2025, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 004-2025 (RR No. 4-25), amending the rules on certain de minimis benefits.…

INFRASTRUCTURE spending in November rose 54.6% year on year after flagship projects were expedited, the Department of Budget and Management (DBM) said. In a disbursement report, the DBM said spending on…

By Justine Irish D. Tabile, Reporter RETAILERS are expected to book up to 15% in revenue growth this year to around P5.4 trillion, driven by healthy remittances and a growing…

THE Philippines’ $500-million loan to support the rehabilitation of schools affected by natural calamities has yet to take effect despite the loan deal being signed in November, the World Bank…

THE PHILIPPINES will need to leverage free trade agreements (FTAs) and address non-tariff barriers to help grow the tobacco industry, the Department of Trade and Industry (DTI) said. At the…

THE Philippine Rural Electric Cooperatives Association (Philreca) expressed its opposition to legislation expanding the franchise area of Davao Light and Power Co., Inc. (DLPC). In a statement over the weekend,…