Contractors to face tax fraud audit
THE BUREAU of Internal Revenue (BIR) will investigate the contractors allegedly involved in anomalous flood control projects for possible tax fraud, according to Commissioner...
Philippines could be hit with more tariffs as Trump threatens countries with digital taxes
THE PHILIPPINES may face additional tariffs after US President Donald J. Trump’s fresh tariff threat against countries that impose digital taxes on US technology companies, analysts said.
Illegal gambling boom could put PHL at risk of returning to ‘gray list’
THE BANGKO SENTRAL ng Pilipinas (BSP) is still studying further regulations to help curb risks related to e-gambling, as the proliferation of illegal sites...
Steamlined rooftop solar financing needed to unlock potential
WHILE rooftop solar financing in the Philippines is gaining traction, more efforts are needed to unlock its potential, according to major banks.
FNI shares plunge after Sy’s arrest; company says contingency ready
SHARES of Global Ferronickel Holdings, Inc. (FNI) fell on Tuesday as investors reacted to the arrest of the mining company’s chairman, Joseph C. Sy, over allegations that he misrepresented his citizenship.
Hann Holdings says timing, not fundamentals, behind IPO deferral
HANN HOLDINGS, INC. said its decision to defer its P13-billion initial public offering (IPO), originally scheduled for listing next month, aims to protect investors...
DoubleDragon readies P10.9-B bond issue as BSP rate decision approaches
LISTED DoubleDragon Corp. (DD) is preparing to launch a bond offer of up to P10.9 billion in September as the Bangko Sentral ng Pilipinas...
PHL startups Enstack, Netbank, Xpress cited in Forbes Asia’s 100 to Watch list
THREE PHILIPPINE STARTUPS were cited in the 2025 edition of Forbes Asia’s 100 to Watch list, which features rising small companies across the Asia-Pacific...
Foreign telcos, including Starlink, eye role in drafting Konektadong Pinoy IRR — DICT
SOME FOREIGN PLAYERS have also signified their interest in helping craft the implementing rules and regulations (IRR) of the Konektadong Pinoy Act, the Department...
Gov’t fully awards T-bill offer at lower yields before BSP review
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Tuesday as yields dropped across the board, driven by strong...
PHirst Park Homes enters Mindanao with P5.3-B GenSan township project
PHIRST PARK HOMES, the affordable housing brand of Century Properties Group, Inc. (CPG), is set to enter Mindanao with a P5.3-billion township project in...
AM Best keeps ratings, downgrades outlooks for Malayan Insurance
DEBT WATCHER AM Best has affirmed its ratings for Malayan Insurance Co., Inc. but revised the outlooks to “negative” from “stable” due to losses...