
ERC ruling puts system loss outside VAT net
An ERC-issued resolution declares allowable system loss charge an inherent government-mandated pass-through cost that does not form part of the gross sales of…
· 2 MIN READ
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An ERC-issued resolution declares allowable system loss charge an inherent government-mandated pass-through cost that does not form part of the gross sales of…
· 2 MIN READ

A well-loved fast-food giant known for its bright red branding and aggressive shopping spree abroad has a problem child in its portfolio, and it’s not getting…
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The theft of vital structural components caused damage to the southbound section of the EDSA Magallanes Flyover, resulting in falling debris that prompted…
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GWM Philippines has appointed FAS Motors Inc. as its authorized dealer partner in Matina, Davao City and Digos City as the automaker prepares to expand its…
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A steel plate temporarily installed over an expansion joint on the southbound lane of the EDSA Magallanes Flyover in Makati City was dislodged again.
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Pokémon’s first Nintendo Switch 2-exclusive title, Pokémon Pokopia, has sold more than 5 million copies worldwide in its first four months since its 5 March…
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The Bureau of Internal Revenue (BIR) said the number of value-added tax (VAT)-exempt medicines has increased to 2,277 following the inclusion of 14 additional…
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Under the latest BIR Revenue Memorandum Circular No. 87-2026, VAT exemptions now cover 708 medicines for cancer, 537 for hypertension, 331 for diabetes, 300…
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‘The quickest way to improve a family’s finances is not always by giving them more — it is by allowing them to keep more of what they have already earned.’
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The Chamber stressed, however, that deeper reforms are urgently needed to secure affordable, reliable, and sustainable power nationwide.
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Senior Deputy Majority Leader Sen. JV Ejercito has filed two bills seeking to lower electricity rates by removing the system loss charge passed on to consumers…
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Suzuki Philippines is preparing a series of dealership relocations, relaunches and facility upgrades across Luzon, the Visayas and Metro Manila from July to…
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New restaurant franchise eyes over 100 Philippine branches
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P&A Grant Thornton has expanded its footprint in the country with the opening of a new office in Pampanga, bringing its professional services closer to…
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‘ICTSI welcomes this promising partnership with the AIIB, which supports our expansion and sustainability initiatives.’
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GWM Philippines has appointed Ralph Descallar as its dealer network development director as the automaker prepares to add more outlets and improve aftersales…
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‘We have signed an important agreement today on nuclear energy.’
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elecommunications conglomerate TELUS Corporation and business process outsourcing firm NQX both confirmed that they are expanding operations in the…
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