
Marcos sees VAT refund spurring foreign visitors
‘This law is more than an economic incentive; it is an invitation for the world to experience the creativity, craftsmanship, and hospitality that make our…
· 2 min read
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‘This law is more than an economic incentive; it is an invitation for the world to experience the creativity, craftsmanship, and hospitality that make our…
· 2 min read

As President Ferdinand Marcos Jr. signed the Value-Added Tax (VAT) refund mechanism for non-resident tourists on Monday, Tourism Secretary Christina Garcia…
· 2 min read

President Ferdinand "Bongbong" R. Marcos Jr. sees the newly enacted measure, which provides a refund of Value Added Tax (VAT) for foreign tourists, as a way to…
· 3 min read

‘There will be no more national government’s global bond offering for the rest of 2024, with $500 million remaining out of the $5 billion programmed for this…
· 3 min read

The economist lauded the Philippines’ approach to taxing novel tobacco and nicotine products like heated tobacco products and nicotine pouches but underscored…
· 3 min read

The confirmation from the Philippine Statistics Authority (PSA) that Mary Grace Piattos has no records in its database has sparked calls for the agency to…
· 2 min read

The Bureau of Internal Revenue in Central Visayas (BIR-13) temporarily suspended the operations of a restaurant in Mabolo, Cebu City, and a warehouse in…
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The National Economic and Development Authority in Central Visayas (NEDA-7) expressed optimism on Wednesday that the signing of the sisterhood agreement…
· 1 min read

The government has exempted more cancer, diabetes, and mental health medicines from value-added tax (VAT), days after the signing of the CREATE MORE Act.
· 1 min read

‘Economic growth is not just about numbers — it’s about ensuring that Makatizens feel the difference. With a stronger economy, we’ve been able to improve…
· 2 min read

Restaurant owners have asked the government to stop the proliferation of fake persons with disability identification cards (PWD IDs), a scam that threatens the…
· 2 min read

‘The services sector continues to demonstrate a robust performance. Therefore, it will be crucial to sustain its growth and ensure that services are linked and…
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Denmark has unveiled an ambitious plan to reshape its landscape, combining efforts to combat climate change and restore natural habitats. The country aims to…
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Shin Suzuki delivered a stellar performance, firing a five-under 67 to capture the men’s low gross title, while Sang Jin Lee claimed the low gross trophy in…
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‘A weak Q3 outturn had been a result of several temporary, weather-related factors. We expect growth to pick up in Q4, supported by stronger domestic demand…
· 2 min read

The suspects were taken to the CIDG-QCPDFU office at Camp Karingal and are facing various criminal charges. Follow-up operations are ongoing against their…
· 2 min read

The rise in cigarette smuggling in the Philippines poses a significant risk of increased underage smoking, according to Jericho "Koko" Nograles, president of…
· 2 min read
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The local government of Manila on Thursday has appealed to lot owners to avail of big discounts on their real property tax for the year 2025.
· 1 min read

