According to Finance Secretary Frederick Go on Tuesday, the initiative reduces red tape and enables a more efficient trade system that can meet growing consumer demand and support local industries.... Read full article
Changes and improvements will come under new president and general manager Anna Victoria Lu, whose appointment was announced in a press statement Tuesday.... Read full article
Seaoil and Petron will reduce diesel prices by PHP20.89/liter at 6 a.m., while Jetti Petroleum will cut diesel prices by PHP2.70/liter.... Read full article
The local bourse's main index shed 0.72 percent to 6,054.05 points, and the broader All Shares by 0.65 percent to 3,386.52 points.... Read full article
In a statement, Federation of Philippine Industries (FPI) Chairperson Elizabeth Lee said the oil price cut “is good news for Philippine industry, and we commend the government for its swift action and implementation.”... Read full article
The move marks a major escalation in the conflict that began when the US and Israel launched military operations against Iran on Feb. 28.... Read full article
The BIR posted the full list of 2,263 VAT-exempt drugs Monday, as endorsed by the Food and Drug Administration and covered by Revenue Memorandum Circular (RMC) No. 27-2026 issued April 8.... Read full article
Under FIRB Resolution No. 005-2026 issued Friday, investment promotion agencies (IPAs) are authorized to allow up to 90 percent WFH for registered business enterprises (RBEs) with registered projects or activities.... Read full article
The Philippine Stock Exchange Index (PSEi) rose 0.14 percent to 6,098.21, while the broader All Shares index fell 0.19 percent to 3,408.53.... Read full article
A new private sector-led electric bus program is being positioned as both an economic buffer and a climate solution, as the government moves to reduce the country’s exposure to volatile global oil prices.... Read full article