The Bureau of Internal Revenue (BIR) is resuming the issuance of letters of authority (LoA) and mission orders after a two-month suspension triggered by complaints these were being misused and weaponized.
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) Country Director for the Philippines Andrew Jeffries.
Trade deficit narrows to 4-year low in 2025
The Philippines’ trade-in-goods deficit narrowed to a four-year low in 2025, as exports grew by double-digits and imports picked up, the Philippine Statistics Authority (PSA) reported on Tuesday.
Why PHL tourism still lags despite global accolades
With the global recognition the Philippines and its various destinations have been receiving, it only managed to attract 5.9 million in inbound tourists last year.
MAHARLIKA FUND SETS 4-SECTOR CRITICAL DEPLOYMENT PLAN FOR 2026
The Maharlika Investment Fund said it will deploy capital this year across four priority sectors—energy, logistics, agriculture, and mining—as the sovereign wealth vehicle moves from its setup phase into active investment and portfolio expansion.
Marcos approves National Digital Connectivity Plan for fast, secure broadband connection
President Ferdinand Marcos Jr., has approved the country’s first National Digital Connectivity Plan (NDCP), a long-term master plan aimed at accelerating the rollout of critical broadband infrastructure and lower internet costs for millions of Filipinos nationwide, the Department of Information and Communications Technology (DICT) announced on Monday.
ERC reviews forward, futures contracting for electricity
The Energy Regulatory Commission (ERC) said on Monday it is carefully assessing the impact of forward and futures contracting arrangements for electricity.
‘GDP growth falters, misses 2025 target’
The Philippine economy likely grew below the government’s 5.5 to 6.5 percent target in 2025 and at a slower pace compared to 2024, according to economists.
Vehicle sales drop by 0.8% in 2025, falls short of target
Philippine automotive sales can reach 500,000 this year if interest rates improve after sales in 2025 fell short of the industry’s target, analysts said.
‘Structural reforms crucial to reviving PHL sugar industry’
Senator Francis Pangilinan underscored the need for structural, legislative, and budgetary reforms in the multi-billion sugar industry, pointing out inadequate government support, rising production costs, and declining farmgate prices that could potentially bring the industry down to its knees.
The Bureau of Internal Revenue (BIR) said that tax payers will now be subject to just one electronic Letter of Authority (eLA) per taxable year, with defined exceptions, as part of its reforms on processes.
The National Telecommunications Commission (NTC) will require minimum assets and impose a 70 percent debt-to-asset cap for companies joining the data transmission network program under the Konektadong Pinoy Act.
Dole stresses balanced wage growth as pay hike leads public concerns
The Department of Labor and Employment (Dole) said it is doing its best to respond to workers’ concerns by strengthening social protection measures, including wage-setting mechanisms and programs that support skills upgrading and job security.
PEZA planning seamless process for export, investor-visa documentation
The Philippine Economic Zone Authority (PEZA) said it will streamline documentation requirements further in the first half of the year, with plans to integrate its permit processes with those of the bureaus of Customs (BoC) and Immigration (BI).
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