Wednesday, March 11, 2026
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Philippines welcomes foreign tourists with VAT refund program

The Philippines has officially become value-added tax (VAT)-free for foreign tourists following the signing of the implementing rules and regulations (IRR) for Republic Act...

January 2025 national government budget surplus declines by 22.27% – BTr

The national government’s (NG) budget surplus for January 2025 decreased by 22.27% year-over-year (YoY) to Php 68.4 billion, reflecting a combination of sustained revenue...

BOC exceeds revenue target, seizing billions in smuggled goods

The Bureau of Customs (BOC) reported a significant revenue increase for the past year, generating P931.046 billion, a P40 billion jump from the P890.446...

BOC renews agreement with Maya Philippines to enhance electronic payment systems

The Bureau of Customs (BOC) celebrated a significant step forward in its modernization efforts by renewing its Memorandum of Agreement (MOA) with Maya Philippines,...
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