BIR Presents Tax Audit Reforms to Senate for Fairness

The Bureau of Internal Revenue presented key reforms to the Senate Blue Ribbon Committee, including a single-audit framework and risk-based selection, to enhance fairness and transparency in tax audits under new orders.

Business Leaders Praise Government's Anti-Red Tape Campaign

The Philippine Chamber of Commerce and Industry commends the government's Executive Order 108 and the appointment of Finance Secretary Frederick Go as economic czar, highlighting efforts to attract investors and boost economic growth.

DMW Enhances Protections for Filipino Seafarers

The Department of Migrant Workers is finalizing new standard contracts focused on compensation for sick or injured seafarers, collaborating with industry leaders to improve their welfare.

Philippines-US Partnership to Boost Minerals Sector

The Philippines and the United States have signed a strategic MOU to transform the nation from a raw ore exporter to a high-value processing hub, focusing on semiconductors, defense, and clean energy.

Maa-Magtuod Flyover in Davao 90% Complete

The Maa-Magtuod Flyover in Davao City is now 90% complete, with construction focusing on approaches, asphalt paving, and safety features. This key infrastructure project aims to alleviate traffic congestion, especially after the recent opening of the Buca

Carbon Market Fee Collection Delayed, Needs City Approval

Cebu2World Development Inc. postpones market fee collection at Carbon Public Market until Cebu City Government issues a directive and a three-month transition period is completed, amid vendor concerns over potential rate increases.

Sad Horse Plush Viral Symbol for Tired Workers

A manufacturing error in China created a frowning horse plush for Lunar New Year that resonated deeply with young workers, turning it into a viral sensation about modern work life.

EL AL to Launch Nonstop Israel-Philippines Flights

Israel's national carrier EL AL Airlines plans to introduce nonstop flights between Israel and Manila in 2027, expanding its network with new Asian destinations to boost tourism and business travel.

PH Agriculture Grows 3.1% in 2025, Fastest in 8 Years

The Philippines' agriculture sector expanded by 3.1 percent in 2025, marking its fastest growth in eight years. Agriculture Secretary Francisco Tiu Laurel Jr. highlights early gains from reforms, export recovery, and strategic investments amid ongoing cha

Bank Loan Growth Slows in December 2025

Philippine universal and commercial banks saw loan growth decelerate to 9.2% in December 2025, with consumer loans outpacing business lending, as the BSP monitors monetary transmission.

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