A pause, not a full stop
By Angelika Valmonte
In late 2025, amid growing concerns about corruption allegations against certain government agencies, the attention shifted to the Bureau of Internal Revenue (BIR), as...
CARS funding veto ‘breaks promises’ made to investors
THE removal of budget funds to incentivize domestic auto manufacturing could undermine foreign investor confidence, Sen. Sherwin T. Gatchalian said.
“(This potentially affects) our reputation...
Fiscal discipline seen eroded by unchecked budget allocations
BUSINESS GROUPS said the government has not gone far enough in curbing unprogrammed appropriations in the newly signed 2026 General Appropriations Act (GAA), warning...
Manufacturing PPI growth slows to 0.1% in Nov.
PRICE GROWTH at the factory gate slowed in November, with transport equipment dragging down the overall index, according to the Philippine Statistics Authority (PSA),...
Stronger action needed to stabilize food prices — Agri dep’t
THE Department of Agriculture (DA) said aggressive action is needed to stabilize food prices after they rose during the December holidays.
In a statement on...
Rice inventory up 5.8% in Dec. as NFA holdings rise sharply
THE national rice inventory rose 5.8% year on year to 2.7 million metric tons (MMT) as of Dec. 1, the Philippine Statistics Authority (PSA)...
BIR, FIRB data-sharing deal grants reciprocal access to tax records, incentives information
THE Bureau of Internal Revenue (BIR) and the Fiscal Incentives Review Board (FIRB) said the data-sharing agreement they signed last year allows reciprocal access...
DBM issues budget call for 2027
THE Department of Budget and Management (DBM) has notified government departments and agencies to start preparing their budget proposals for 2027.
Budget Secretary Rolando U....
VAT rate cut possible if exemptions curbed — DoF
FINANCE Secretary Frederick D. Go said his department is seeking to avoid revenue-eroding measures, but added that the proposed cut in the value-added tax...
Expanded agri budget expected to support food security, productivity efforts as DA takes on...
THE Department of Agriculture (DA) said the P6.79-trillion 2026 national budget and its higher allocation for agriculture is expected to boost food production, rural development, and long-term food security.
Digitalization, engagement seen helping rebuild trust in Customs
THE Bureau of Customs (BoC) said digitalization and consistent engagement will be key to regaining the trust of businesses, which had been damaged by the alleged misuse of the tax audit process.
Domestic tourism picking up slack from faltering international visitor numbers
DOMESTIC TOURISM has been bridging the gap opened up by the dearth of international arrivals, which are likely to decline this year, analysts said.