There have been various changes in the value-added tax (VAT) refund process these past few years, with the Bureau of Internal Revenue (BIR) continuously simplifying the requirements and procedure on ...

PHILIPPINE INFLATION likely eased for a second straight month to a three-month low in June as lower oil and rice prices offset higher electricity rates, analysts said.

GMA NETWORK, INC.’S attributable net income plunged 87% to P102.47 million in the first quarter from a year earlier, as lower advertising revenue weighed on earnings. In a disclosure on Thursday, the ...

STEADY INFLOWS from remittances and the services sector despite emerging external pressures helped narrow the Philippines’ balance of payments (BoP) gap to a three-month low in April, Bangko Sentral ...

Agentic AI is now 10x faster and a fraction of the cost of human labor. A billing model built around hours of human time is no longer just inefficient — it is structurally incompatible with the ...

PHILIPPINE Business Bank, Inc. (PBB) saw its 2025 net profit climb by 6.4% on higher revenues and improved asset quality. The bank’s net income went up to P1.896 billion last year from P1.782 billion ...

MERALCO POWERGEN CORP. (MGen), the power generation arm of Manila Electric Co. (Meralco), is set to develop a 49-megawatt (MW) battery energy storage system (BESS) in Toledo, Cebu, which is expected ...

THE Department of Agriculture (DA) said it reached agreement with the pork industry to set a minimum farmgate price of P210 per kilogram for hogs on a liveweight basis. The floor price is designed to ...

The Philippines is exploring direct talks with foreign governments and encouraging local oil companies to seek alternative suppliers as the conflict in Iran enters its second week, Energy Secretary ...

My take on the development experience of nations is that all progress boils down to investment — specifically on the share of income that the nation sets aside for investment or what is called the ...

GREEN CORE Geothermal, Inc. (GCGI), a subsidiary of Energy Development Corp. (EDC), is planning a P3.02-billion expansion of its 112.5-megawatt (MW) Palinpinon 1 Geothermal Power Plant Project in ...

S&P GLOBAL RATINGS revised the Philippines’ credit outlook to “stable” from “positive,” citing risks to the country’s external and fiscal position from surging energy prices due to the Middle East ...