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Factory output recorded a 162.1% growth in April due to low-base effects even with the closure of an oil refinery that dampened domestic manufacturers’ total production volume.

Countries need to invest billions of pesos in protecting and caring for nature to avoid another global pandemic, according to biodiversity financing strategist BIOFIN Philippines, adding that these investments can also help generate revenues.

The Department of Finance is not changing its decision allowing the Bureau of Internal Revenue (BIR) to impose higher income tax on private schools, adding that the BIR regulation can only be changed by the Supreme Court or by amending the Tax Code.

Senators are strongly appealing to the Bureau of Internal Revenue (BIR) to reconsider increasing the income tax of private schools from 10% to 25% – a whooping 150% increase.

The Food and Drug Administration (FDA) has allowed the use of the Pfizer-BioNTech COVID-19 vaccine for youngsters aged 12 to 15 years, according to the Department of Health. 

Government will no longer require private companies to donate portion of their purchased AstraZeneca COVID-19 vaccine to the government vaccination program, according to presidential adviser for entrepreneurship Joey Concepcion.

The Philippines may be able to enforce the 2016 arbitral ruling on the West Philippine Sea (WPS) by passing a law that will amend the Baseline Law, according to former Supreme Court associate justice Francis Jardeleza.

Just when people thought that portions of Manila Bay are dead and incapable of sheltering marine life, a group of divers accidentally discovered a coral garden in Ternate, Cavite last May 17. The dive was originally intended to install four marker buoys for the boundaries of the Core Zone of Ternate Marine Park (Tmp) and two artificial reefs. It was …

President Rodrigo Duterte has certified as urgent a proposed measure seeking to improve the government’s tax collection on Philippine Offshore Gaming Operators (POGO).

THE Philippines will be among the first countries to benefit from the 80 million doses of donated Covid-19 vaccines from the United States (US).