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SEC imposes strict 9-year limit for independent directors
The Securities and Exchange Commission (SEC) has issued a memorandum circular imposing a firm maximum cumulative nine-year term for independent directors (IDs) of...
BIR resumes tax audits
By Aubrey Rose A. Inosante, Reporter The Bureau of Internal Revenue (BIR) is resuming the issuance of letters of authority (LoA) and mission...
Trade deficit narrows to 4-year low in 2025
by Abigail Marie P. Yraola, Deputy Research Head The Philippines’ trade-in-goods deficit narrowed to a four-year low in 2025, as exports grew by...
ADB sees PHL returning to 6% growth by 2027
THE PHILIPPINE ECONOMY could return to around 6% growth by 2027 if public and private investments rebound, according to Asian Development Bank (ADB)...
Deadly Cebu landfill slide exposes gaps in waste oversight
By Vonn Andrei E. Villamiel WHEN A WALL of garbage gave way at Cebu City’s Binaliw landfill this month, killing dozens of workers,...
SPNEC moves to change name to MGEN Renewable Energy
LISTED solar developer SP New Energy Corp. (SPNEC) is seeking approval to change its corporate name to MGEN Renewable Energy Holdings, Inc., as...
Philippine economy likely to expand by 5.3% in 2026 — AMRO
By Aubrey Rose A. Inosante, Reporter THE Philippine economy is likely to grow by 5.3% this year, driven by robust domestic demand, although...
Puregold CinePanalo and FDCP partner to open global opportunities for Filipino filmmakers
The prestigious Puregold CinePanalo Film Festival, now in its third year, has become a platform that opens meaningful opportunities for Filipino filmmakers. This...
Gov’t raises $2.75B from dollar bonds
By Aaron Michael C. Sy, Reporter THE PHILIPPINE government has raised $2.75 billion (about P163 billion) worth of dollar bonds, as it returned...
CPBRD says slashing VAT rate to 10% is ‘advisable’ despite revenue loss concerns
By Kenneth Christiane L. Basilio, Reporter LOWERING the value-added tax (VAT) rate to 10% from 12% is fiscally viable despite projected revenue losses,...
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