July, 2025

• 28 July

  Gaming revenues reach P215-B in H1 2025

  

  The Philippine gaming industry earned ₱215 billion in gross revenues during the first half of 2025, reflecting strong growth in integrated resort operations and robust investor interest, the Philippine Amusement and Gaming Corp. (PAGCOR) announced last week. Speaking at the Philippine Hotel Connect 2025 in Pasay City, PAGCOR Chairman and CEO Alejandro Tengco said licensed casinos inside integrated resorts (IRs) …

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• 28 July

  Bureau of Internal Revenue extends tax deadlines in storm-hit areas

  

  The Bureau of Internal Revenue (BIR) has extended the deadlines for filing tax returns, paying taxes, and submitting documents in areas battered by tropical cyclones Crising, Dante, and Emong, along with the intensified southwest monsoon or “habagat.” In a statement released Friday, BIR Commissioner Romeo Lumagui Jr. said taxpayers in the affected areas—including Metro Manila, parts of Northern Luzon, Mimaropa, …

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• 28 July

  Cerberus to infuse P15-B more into Phl shipyard, logistics projects

  

  US-based Cerberus Capital Management is set to invest an additional ₱15 billion in the Philippines over the next 12 months, eyeing upgrades to its Subic shipyard and launching new ventures in logistics, energy, and transport infrastructure. The announcement came following the firm’s meeting with President Ferdinand R. Marcos Jr. in Washington, DC, where executives cited government support and encouraging operational …

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• 28 July

  Phl eyes lower US tariffs, stands firm on protecting farmers

  

  Trade Secretary Cristina Roque remains hopeful that tariffs on Philippine exports to the United States could still be reduced, even as the rate has been officially set at 19 percent effective August 1, following an announcement by US President Donald Trump. While the current rate is lower than the previously announced 20 percent, it is still higher than the 17 …

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• 28 July

  Tax surge lifts revenues, spending grows in 1st half of 2025

  

  Government revenues continued to climb in June 2025, driven by double-digit growth in tax collections, while public spending also rose to support economic activity, data from the Bureau of the Treasury (BTr) showed. Revenue collections in June hit ₱306.9 billion, up 3.5 percent from ₱296.5 billion in the same month last year. Tax collections rose by 12.35 percent to ₱280.1 …

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• 28 July

  Hyundai modern mobility

  

  Hyundai Motor Philippines unveiled three of its latest vehicles in the market today during a well-attended event late last week at the Ayala Museum in Makati City. HMPI president Jiho Son spearheaded the presentation of the new Hyundai Palisade Hybrid, the Hyundai Ioniq 5, and the Hyundai Ioniq 9 which are expected to be a hit among the new buyers …

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• 28 July

  SVC Nissan Alabang bags 2025 Nissan Global Award

  

  Synergy Ventures Corporation (SVC) romped with the major awards in the recent Nissan Philippines’ 2025 Dealer of the Year Awards, held last week at the Okada Manila Hotel in Paranaque City. Its president, Tey Sornet, was proud for the company’s haul of 14 major prizes including the 2025 Nissan Global Award, the highest recognition that is given to a dealership …

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• 28 July

  Grab, Move It instigate full scale relief effort

  

  Grab Philippines and Move It launched a comprehensive disaster relief and community support initiative following the devastation caused by the intensified southwest monsoon which has displaced thousands and disrupted livelihoods across several regions in Luzon.  The initiative includes immediate aid and longer-term recovery support for Grab’s ecosystem of drivers, delivery partners, merchants, and consumers, and is being rolled out in …

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• 28 July

  Honda Helps customers

  

  Honda Cars Philippines customers in Luzon and Visayas whose vehicles were affected by the recent floods gets support as HCPI offers a 30% discount on select spare parts through its Honda Helps Program. This initiative marks Honda’s commitment to ease the burden of repair costs during challenging time. By making essential parts more accessible and affordable, HCPI hopes to help …

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• 28 July

  Omoda & Jaecoo vehicles undergo rigid tests

  

  Omoda & Jaecoo Motor Philippines Inc. lineup of vehicles now in the market passed with flying colors the comprehensive internal and independent testing of various powertrain types completed under real-world conditions across various driving scenarios in the Philippines that highlighted the exceptional fuel efficiency and cost per kilometer of their vehicles. A robust and diverse vehicle lineup of battery including …

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