BIR March collections top P198 billion, up 11.87%
THE Bureau of Internal Revenue (BIR) said gross collections hit P198.755 billion in March, up 11.87% from a year earlier.
“Our March 2026 collection performance...
Maharlika says talks ongoing for petroleum storage project
THE MAHARLIKA Investment Corp. (MIC) said it is in talks with the government to finance a fuel storage facility, and is working to provide working capital to fuel importers to address their ability to maintain adequate inventory.
Distribution starts for P10 billion in cash aid for farmers, fisherfolk
THE Department of Agriculture (DA) said it will start distributing this week a P10-billion cash assistance package for farmers and fisherfolk, citing the need...
DLSU one win away from UAAP S88 women’s volleyball sweep
ONE win away from a ticket straight to the championship stage.
Farm Fresh takes on Creamline for last ticket to PVL All-Filipino Conference championship
FARM FRESH searches for a breakthrough finals appearance while Creamline eyes its 16th stint there as they collide on Thursday for the last ticket to the PVL All-Filipino Conference championship round at the FilOil Arena.
Eala gets early door at Porsche Tennis Grand Prix
HOMEGROWN ace Alexandra “Alex” Eala folded to the higher-ranked Filipina-Canadian Leylah Fernandez, 6-1, 6-4, for an early exit in the WTA 500 Porsche Tennis...
Rattled by Trump, US allies eye Japan’s biggest arms opening since WW2
TOKYO — Japan’s imminent easing of arms export rules has sparked strong interest from Warsaw to Manila, Reuters reporting found, as President Donald J....
Luxury brands book sales drop as Mideast war takes toll on airport shopping
NEW YORK/LONDON/PARIS — From DFS to Avolta, duty-free stores selling premium perfumes and spirits to big spenders are feeling the pinch as conflict in...
Canada, UK, Australia and Japan call for ‘urgent end to hostilities in Lebanon’
WASHINGTON — Canada, the UK, Australia, Japan and six other countries condemned the killings of United Nations (UN) peacekeepers in Lebanon on Tuesday while...
IMF downgrades Philippine growth to 4.1%
THE International Monetary Fund (IMF) now expects Philippine economic growth this year to fall far below the government’s target as the oil shock from the Middle East war adds to the impact of a graft scandal that stalled public spending.
DBCC opposes suspension of excise tax on gas, diesel
SUSPENDING EXCISE TAXES on diesel and gasoline would only provide limited relief compared to lifting levies on liquefied petroleum gas (LPG) and kerosene as the resulting decline in pump prices would be small, the Department of Finance said.
Lower demand, higher prices push LPG supply to 50 days
THE COUNTRY’S liquefied petroleum gas (LPG) supply increased to the equivalent of 50 days of inventory, driven by a seasonal decline in consumption that...