
Palawan oil production awaiting DOE nod
Nido Petroleum Philippines Pty Ltd. is awaiting the Department of Energy's (DOE) declaration of commerciality to expand the oil exploration and production…
· 2 min read
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Nido Petroleum Philippines Pty Ltd. is awaiting the Department of Energy's (DOE) declaration of commerciality to expand the oil exploration and production…
· 2 min read

Motorists are feeling the pinch this week as fuel prices climb yet again, just as the Christmas season kicks into high gear.
· 1 min read

The Bureau of Internal Revenue (BIR) has exempted 16 more medicines for cancer, diabetes, and mental illnesses from the value-added tax (VAT).
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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…
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As President Ferdinand Marcos Jr. signed the Value-Added Tax (VAT) refund mechanism for non-resident tourists on Monday, Tourism Secretary Christina Garcia…
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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…
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The economist lauded the Philippines’ approach to taxing novel tobacco and nicotine products like heated tobacco products and nicotine pouches but underscored…
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The prices of fuel sold at the local pumps are displaying mixed movements in response to geopolitical and market factors, with both rollbacks and increases…
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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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At least five individuals were arrested in a buy-bust operation conducted by the joint forces of the DDEU and the Valenzuela City Police Station in Barangay…
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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.
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Kyiv, Ukraine (AFP) — Ukrainian drones on Monday hit a fuel and energy facility in the Russian region of Kaluga, a source in Ukrainian military intelligence…
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Restaurant owners have asked the government to stop the proliferation of fake persons with disability identification cards (PWD IDs), a scam that threatens the…
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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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The rise in cigarette smuggling in the Philippines poses a significant risk of increased underage smoking, according to Jericho "Koko" Nograles, president of…
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Increased CME blend not only reduces harmful particulate and sulfur dioxide emissions but also benefits coconut farmers and local biofuel producers.
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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.
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The company, in a stock exchange filing on Tuesday, attributed the drop to volatility in the international oil market and a correction in refining margins.
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