BIR exceeds H1 goal, eyes higher revenues
The BIR reported that its January to June 2025 collection hit P1.554 trillion, exceeding its target by P4.594 billion.
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The BIR reported that its January to June 2025 collection hit P1.554 trillion, exceeding its target by P4.594 billion.
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The Bureau of Internal Revenue (BIR) has outperformed its collection goal in the first six months of 2025, providing a strong boost to government revenues amid…
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Listed casino operator Bloomberry Resorts Corp.’s net income for the first half of the year dropped by more than half to P1.9 billion from P4 billion a year…
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Bloomberry Resorts Corp. reported a net loss of P1.4 billion in the second quarter of 2025, reversing the P1.3-billion profit a year ago, as weaker volumes and…
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The revenue for the first half of 2025 (H1) of the leading budget carrier of the Gokongwei Group of Companies, Cebu Pacific (CEB), reached P63 billion,…
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The regulation applies to all individuals and juridical entities —whether resident or nonresident — that supply or deliver digital services in the Philippines.
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First half 2025 revenues also saw a 6 percent uptick, reaching P319.2 billion from P301.4 billion a year ago. Growth was attributed to continued strength in…
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Office leasing from Megaworld Premier Offices climbed 17 percent to P7.40 billion, supported by new assets, leases and rent hikes; nearly 100,000 square meters…
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The distribution of P197.85 million in revenue shares from the Subic Bay Metropolitan Authority (SBMA) comes at a crucial time for areas near the Freeport that…
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The Bureau of Internal Revenue (BIR) has extolled the important role of the real estate industry in generating revenues for the Philippine government, which…
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Senator Joseph Victor “JV” Ejercito is pushing a legislative inquiry into the reported failure of certain government agencies to transfer gaming revenues…
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The Philippine Amusement and Gaming Corporation (Pagcor) has voiced strong opposition to a proposed total ban on online gambling, warning that outlawing the…
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The fiscal gap in the first five months grew 29.41 percent to P523.9 billion, which the Bureau of Treasury (BTr) attributed to continued infrastructure…
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The Bureau of Internal Revenue (BIR) extended its online registration period for non-resident digital service providers (NRDSPs) until 1 July. BIR stressed it…
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The Bureau of Internal Revenue (BIR) proposes a higher budget of P18 billion for next year, up from the current P16.9 billion as it plans to set up more…
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More medicines for hypertension, diabetes, and cancer have been exempted from value-added tax (VAT), the Bureau of Internal Revenue (BIR) announced. The VAT…
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Maynilad Water Services Inc. — the concessionaire for Metro Manila’s West Zone — has replaced more than 3,293 kilometers of old pipelines since 2006.
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Maynilad Water Services, Inc. aims to cut water losses to 25 percent by 2027, tapping the remaining P20.6 billion in its five-year capital investment plan to…
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