The Bureau of Internal Revenue has opened a one-time tax abatement program for micro taxpayers, giving small businesses and stop-filers until Dec. 31, 2026, to settle delinquent accounts and clear their records. The initiative is part of the government’s efforts to simplify compliance and encourage voluntary tax payments.Continue Reading

Ranchos de Taos valley green landscape in summer and solar panels during sunset with sun rays in New Mexico

The Philippines is racing to add 20 gigawatts of renewable energy capacity to meet its 2040 clean energy goals. But behind ambitious auctions and trillion-peso investments lies a deeper struggle against bureaucracy, coal dependence and global fuel shocks that continue to expose the country’s fragile energy future.Continue Reading

The country’s manufacturing sector suffered its steepest decline in more than four years in November, signaling mounting pressure on an economy still struggling to regain momentum amid weakening domestic and global demand. Latest data from S&P Global show the Philippines’ Purchasing Managers’ Index (PMI) dropped to 47.4 in November fromContinue Reading