
SC clarifies processing periods for VAT refund claims
The Supreme Court (SC) has clarified when the processing period begins for value-added tax (VAT) refund claims, updating existing rules to reflect changes in…
· 2 min read
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The Supreme Court (SC) has clarified when the processing period begins for value-added tax (VAT) refund claims, updating existing rules to reflect changes in…
· 2 min read

Fuel prices are projected to decline sharply, with global oil markets shedding much of the geopolitical "war premium" that drove prices higher earlier this…
· 2 min read

Because of this split, profit margins often become too thin unless a concert is nearly fully sold out. Industry insiders describe this as a high-risk scenario…
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Interest in BTS’ anticipated return to the Philippines has sparked renewed discussion on concert pricing, with Filipino ARMYs noting that ticket costs in…
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The Bureau of Internal Revenue (BIR) collected P279.14 billion in gross revenues in May 2026, up 14.15 percent or P34.61 billion from a year earlier, as…
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The government is not ready to lift the energy emergency declaration despite signs of a breakthrough in United States/Iran peace talks, with Energy Secretary…
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The possible disclosure of Vice President Sara Duterte’s tax records during her impeachment trial could trigger a legal battle that may ultimately reach the…
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The Clark Development Corporation (CDC) and the Department of Energy (DoE) held a motorcycle race at the Clark International Speedway (CIS) to test higher…
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Diesel rolls back at P4/L, gasoline spikes anew
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The Bureau of Internal Revenue (BIR) has begun preparations for the possible implementation of the proposed Qualified Domestic Minimum Top-Up Tax (QDMTT), a…
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‘I think that will again spike the prices more than anything else. Anything that happens there affects the prices. If there’s a declaration (of full closure)…
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Fuel supply across Southern Mindanao remains stable and sufficient despite the magnitude 7.8 earthquake that struck the region, with no reported disruptions to…
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Overshadowing the expected rollback of up to P1.70 per liter for gasoline, effective today are hefty increases of P3.77 to P5.77 per liter of diesel and from…
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Lower gasoline prices may provide little comfort as soaring diesel and kerosene costs threaten to drive fuel expenses higher.
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Inaasahan ang malaking galaw sa presyo ng mga produktong petrolyo ngayong linggo.
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The BIR ruling removes the risk of unnecessary costs being baked into electricity bills by clarifying that the collections are merely passing through…
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The relief motorists got from this week’s sharp diesel price rollback could be short-lived, with industry estimates pointing to a fresh increase of up to P4.50…
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Authorities seized an estimated P1.4 million worth of illegal petroleum products and arrested four suspects during a law enforcement operation in Barangay…
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