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PH, UK-ASEAN biz body explore partnerships to create more jobs

Manila, Sept. 28 -- The Philippine government and the UK-ASEAN Business Council are exploring stronger partnerships in education, training and workforce development to prepare Filipino workers for eme... Read More


Bolder reforms to help PH unlock up to 7.1% of GDP in fiscal gains

Manila, Sept. 28 -- Broadening the tax base, improving collection efficiency, and making public spending more efficient and equitable will help the Philippines unlock between 3.6 percent and 7.1 perce... Read More


BIR implements LPG, kerosene excise tax suspension anew

Manila, Sept. 28 -- The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular No. 100 on Monday, implementing the renewed suspension of excise taxes on liquefied petroleum gas (LPG) and ... Read More


BIR tax refunds up in January to September

Manila, Sept. 25 -- The Bureau of Internal Revenue (BIR) recorded higher tax refunds in January to September this year. In a statement Friday, the BIR said tax refunds during the period went up to PH... Read More


IMF: Reforms to help unlock PH's significant growth potential

Manila, Sept. 25 -- Reforms to raise productivity, attract private investments and improve education will help unlock the country's significant growth potential, the International Monetary Fund (IMF) ... Read More


Property prices record slowest growth in 7 years

Manila, Sept. 25 -- Residential property price growth in the Philippines slowed to just 0.4 percent in the second quarter of 2026, marking the weakest expansion since the first quarter of 2019. Accor... Read More


BIR rolls out document tracking system

Manila, Sept. 24 -- The Bureau of Internal Revenue (BIR) has implemented a new system to improve the tracking, handling and accountability of documents across its offices. In a statement Thursday, th... Read More


ADB OKs $1.5-B funding for PH crisis response

Manila, Sept. 24 -- The Asian Development Bank (ADB) has approved USD1.5 billion to help the Philippines fund its whole-of-government response to mitigate the impact of rising oil prices and Middle Ea... Read More


BTr to offer retail treasury bonds next week

Manila, Sept. 24 -- The Bureau of the Treasury (BTr) will issue next week peso-denominated, 2.5-year, fixed-rate retail treasury bonds (RTB) due 2029. In a notice of offering posted on Wednesday, the... Read More


BIR sets electronic invoicing rules to boost digital tax system

Manila, Sept. 23 -- The Bureau of Internal Revenue (BIR) recently issued a circular detailing the implementing rules for electronic invoicing to make the process easier for taxpayers and support the o... Read More