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BOC’s Rubio commits to modernization, trade facilitation

Customs Commissioner Bienvenido Y. Rubio said its collaboration with the United Nation's His Majesty's Revenue & Customs (HMRC) will further boost the Bureau of...

Toyota Philippines pays P43.91-B taxes in 2024; earns BOC, DENR recognition

The country’s automotive leader, Toyota Motor Philippines Corporation (TMP), recently received two recognitions for its significant contributions to the nation's economy and environmental sustainability...

Conditions for exporters’ VAT zero rating availment set

A draft Department Administrative Order (DAO) has specified some conditions and rules in the accreditation of exporters wishing to avail themselves of the zero-rated...

95 Watsons stores now RE powered, 30 more for conversion

Watsons Philippines, the country's leading health, beauty, and wellness retailer, reported that 95 of its stores, along with all of its distribution centers in...

IPOPHL sees faster case resolution with new RAPID rules

The Intellectual Property Office of the Philippines (IPOPHL) anticipates a continued reduction in the resolution time of intellectual property violation (IPV) cases after streamlining...

SMIC approves first-ever share buyback program of up to P60 B

SM Investments Corporation (SMIC), the parent company of the SM Group, has approved a share buyback program of up to 60 billion pesos (approximately...

SM net income up 7% to P82.6 B in 2024

Despite inflationary headwinds and higher base, SM Investments Corporation (SM Investments) reported consolidated net income of PHP82.6 billion in 2024, a 7% increase from...

Dizon swears in new DOTr officials

Department of Transportation (DOTr) Secretary Vince Dizon presided the oath-taking of new officials appointed by President Ferdinand R. Marcos Jr. on February 26 and...

Nickel Asia nets P1.52 B in 2024

Listed natural resources development company Nickel Asia Corporation (NAC) (PSE: NIKL) reported that its attributable net income (net of minority interest) in 2024 hit...

Philex Mining reports  P746 M core income in 2024 

Philex Mining Corporation reported a core income of P746 million and EBITDA at P1.981 billion IN 2024. Gold and copper prices were at relative higher...

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