THE Department of Finance (DoF) expressed “strong reservations” regarding a proposal to lower the value-added tax (VAT) rate, warning it could cost the government more than P1 trillion in foregone ...

A Pasig court on Thursday convicted dismissed Bamban, Tarlac Mayor Guo Hua Ping, also known as Alice Leal Guo, sentencing her ...

THE PHILIPPINE government has collected almost P7 billion from a 12% value-added tax (VAT) on digital services, the Department of Finance said, providing a lift to revenue intake at a time when slower ...

THE DEPARTMENT of Information and Communications Technology (DICT) is aiming to increase the share of the digital economy to gross domestic product (GDP) to 12.5% by 2028, by fast-tracking digital ...

PHINMA HOSPITALITY, Inc., the hospitality arm of Del Rosario-led PHINMA Corp., plans to add 350 rooms across its hotel properties in Pasig, Bacolod, and Davao starting next year. “With regards to the ...

THE PHILIPPINES’ balance of payments (BoP) position swung to a surplus in October, narrowing the country’s external position gap in the 10-month period, the central bank said.

MEGAWIDE Construction Corp. raised P3 billion from its Series 7 preferred shares follow-on offering, which was oversubscribed 2.3 times, signaling investor confidence in the company’s expansion plans, ...

THE PHILIPPINE PESO weakened against the dollar on Thursday after minutes from the US Federal Reserve’s last policy meeting dampened expectations of an interest rate cut next month. It closed at ...

France’s Louvre Museum will install 100 external cameras by the end of 2026 as part of measures to tighten security after last month’s spectacular heist, its director said on Wednesday. Laurence Des ...

LBC EXPRESS HOLDINGS, Inc. saw its third-quarter (Q3) attributable net income rise more than eightfold to P527.65 million, driven by growth in its logistics revenue. For the three months ending ...

PHILIPPINE BANKS’ trust assets had climbed to P4.867 trillion as of September, reflecting stronger demand for professionally managed funds amid continued caution in financial markets, based on data ...

Recognizing such need for having the appropriate tools, Visa and EastWest have partnered to introduce the BizAccess Visa Debit Card, designed to suit the needs of SMEs.