Companies

The Bureau of Internal Revenue’s electronic tax clearance system (eTCS) is now available nationwide. The bureau said last week that the eTCS is now available to taxpayers registered under Revenue Regions Nos. 1 to 19, pursuant to Revenue Memorandum Circular No. 76-2026. The web-based system enables taxpayers to conveniently apply for, pay and download their Tax Clearance Certificate online. The …

The Philippine ocean-based industries reached over PHP1 trillion last year, accounting for almost 4 percent of the country’s gross domestic product (GDP), the Philippine Statistics Authority (PSA) said. Data released Thursday showed that the country’s ocean economy went up by 5.3 percent to PHP1.08 trillion in 2025 from PHP1.02 trillion in 2024. The gross value added of ocean-based activities contributed …

Land Bank of the Philippines (LANDBANK) and the Department of Information and Communications Technology (DICT) have forged a strategic partnership, formalized via a Memorandum of Understanding on July 20, 2026, at the LANDBANK Plaza in Manila, to revolutionize MSME financing through artificial intelligence. Led by LANDBANK President and CEO Lynette V. Ortiz and DICT Secretary Henry Rhoel R. Aguda, the …

SM Foundation (SMFI) turned over newly rehabilitated learning facilities to Jugan Elementary School in Consolacion and Marcelo B. Fernan – Polambato Elementary School in Bogo City, Cebu. The initiative reflects the Foundation’s commitment to providing learning environments that empower students to develop their skills with confidence while giving teachers spaces that support meaningful learning every day.

By DIEGO C. CAGAHASTIAN On its inauguration last July 14, the  MTerra Solar project in Gapan City, Nueva Ecija was praised by President Ferdinand Marcos Jr. as “the world’s largest solar project” adding it will greatly boost the energy security of the Philippines. Although the accolade “largest solar project in the world” might be a little stretched, the MTerra is …

Prime Energy has successfully completed a month-long maintenance turnaround of the Malampaya Deep Water Gas-to-Power Project, with gas delivery resuming as planned on July 15. The extensive maintenance project involved complex engineering and inspection activities across offshore facilities, subsea infrastructure, and the onshore gas plant in Batangas to ensure operational reliability. Beyond routine maintenance, this turnaround was crucial for preparing …

The SM Foundation successfully conducted its 50th medical mission of the year in San Pablo City, delivering over 1,500 free healthcare services to residents across 10 barangays. This initiative, which was a collaborative effort involving various organizations such as SM Supermalls, the City Health Office, and the Philippine Red Cross, provided a wide range of services, including medical and optical …

Laguna Water is proactively addressing the potential impacts of El Niño to ensure a reliable water supply for its customers. The company continuously monitors its water sources, optimizes system operations, conducts preventive maintenance, and intensifies initiatives to reduce non-revenue water to improve efficiency. To bolster its water security, the company maintains an approximate 20% water buffer and operates key infrastructure …

San Miguel Corporation (SMC) is nearing the completion of a ten-month maintenance cleanup along the San Juan River, having successfully removed over 116,000 metric tons of waste and silt. This recent initiative, which covers 6.1 kilometers of the waterway from the Pasig River junction to Talayan in Quezon City, serves to preserve the progress made during the company’s extensive 2022–2024 …

The Philippine National Oil Co. (PNOC) and the Maharlika Investment Corp. (MIC) signed a memorandum of understanding (MOU) to explore the development of a storage tank farm project in Bataan. In a statement on Thursday, the MIC said this is part of government efforts to have a strategic petroleum storage initiative by 2028. The agreement was signed by Franz Josef …