BIR records double-digit growth in September collections

Manila, Oct. 15 -- The Bureau of Internal Revenue's (BIR) collections increased by over 10 percent in September this year. Preliminary data released Thursday showed that as of Oct. 13, gross collecti... Read More

PH businesses' AI adoption up in 2026

Manila, Oct. 14 -- Businesses' artificial intelligence (AI) adoption in the Philippines continued to accelerate this year, based on the results of a study conducted by research firm Strand Partners an... Read More

PH hosts ASEAN Finance Ministers, World Bank Group Dialogue

Manila, Oct. 14 -- Association of Southeast Asian Nations (ASEAN) member states called for stronger cooperation with the World Bank Group (WBG) to close infrastructure and financing gaps, advance clim... Read More

Foreign reserves remain sufficient at $100B as of end-September

Manila, Oct. 12 -- The country's gross international reserves (GIR) remain adequate despite a recent dip, according to the Bangko Sentral ng Pilipinas (BSP). Preliminary data released Wednesday showe... Read More

BIR extends deadline for online display of registration seal badge

Manila, Sept. 29 -- The Bureau of Internal Revenue (BIR) is giving online sellers, digital merchants and other covered taxpayers more time to comply with the requirement to display their BIR Registrat... Read More

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

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