Bureau of Internal Revenue Commissioner Romeo D. Lumagui, Jr. — PHILIPPINE STAR/RYAN BALDEMORBy Kenneth Christiane L. Basilio, ReporterTHE BUREAU of Internal Revenue (BIR) may struggle to meet its P3.219-trillion collection target this year as sluggish government spending weighed on overall tax receipts, a development its

STOCK PHOTO | Image by Pikisuperstar from FreepikBy Katherine K. ChanTHE BANGKO SENTRAL ng Pilipinas (BSP) will implement a payment system that works around the clock starting in 2026 as part of efforts to expand real-time and cross-border transactions, a top official said.BSP Deputy Governor Mamerto

An illustration picture shows cigarettes in their pack, Oct. 8, 2014. — REUTERS/CHRISTIAN HARTMANN/ILLUSTRATION/FILE PHOTOTHE ACTION for Economic Reforms (AER) and government officials are opposing bills that seek to cut tobacco excise taxes, arguing that such measures are unlikely to curb illicit trade without stronger

Children pose for a photo at Rizal Park, Manila, Nov. 4, 2024. Fitch Solutions unit BMI said that Gen Alpha, or those born between 2010 and 2024, will constitute 27% of the Philippine population in 2030. — PHILIPPINE STAR/EDD GUMBANBy Katherine K. ChanTHE PHILIPPINE government

BW FILE PHOTOPANGILINAN-LED PLDT Inc. posted a third-quarter attributable net income of P6.93 billion, down 28.26% from P9.66 billion in the same period last year, as higher expenses offset revenue growth.“PLDT remains guided by discipline and long-term value creation — principles that have seen us

FIRSTGEN.COM.PHPOWER PRODUCER First Gen Corp. posted a nine-month attributable net income of $215.4 million, up 4% from the same period last year, as higher contributions from its hydropower portfolio offset declines in natural gas and geothermal earnings.Total revenues for the January-to-September period fell 3.3% to

PHILIPPINE STAR/MIGUEL DE GUZMANMETRO PACIFIC Investments Corp. (MPIC) is considering divesting its 35.8% stake in Light Rail Manila Corp. (LRMC), the operator of Light Rail Transit Line 1 (LRT-1), as losses persist and ridership has yet to recover from the pandemic impact.“We are still losing

AHEAD of Christmas this year, Ballet Philippines (BP) is revisiting a well-loved childhood story, Alice in Wonderland. Helmed by artistic director Mikhail Martynyuk, the ballet company will follow a little girl’s journey down the rabbit hole.Their new take on Lewis Carroll’s timeless tale will combine

PHILIPPINE STAR/EDD GUMBANPAL HOLDINGS, INC., the operator of Philippine Airlines (PAL), saw its third-quarter (Q3) attributable net income nearly double to P1.37 billion on higher passenger revenues.For the three months ending September, PAL Holdings logged a revenue of P42.67 billion, up 2.74% from P41.53 billion