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HOLY WEEK READS: The puzzle that is Philippine transportation

MANILA, Philippines – Metro Manila roads may be free of congestion during long holidays like Holy Week, but on most days of the year, motorists and commuters have to endure hours and hours of travel....

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[Ask the Tax Whiz] What are the taxes due of real estate business sales?

I am a taxpayer whose nature of business is engaged in real estate business. What are the required BIR Returns to be filed for the sales of real property?  In relation to the sales of real property,...

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China warns countries against striking trade deals with US at its expense

BEIJING, China – China on Monday, April 21, accused Washington of abusing tariffs and warned countries against striking a broader economic deal with the United States at its expense, ratcheting up its...

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Former RCBC president Gil Buenaventura dies

BUKIDNON, Philippines – Rizal Commercial Banking Corporation’s (RCBC) former president and chief executive officer Gil Buenaventura has died, the bank confirmed on Monday, April 21. RCBC announced...

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Higher terminal fees in CAAP airports starting April 21

MANILA, Philippines – The Civil Aviation Authority of the Philippines (CAAP) has increased passenger service charge (PSC) rates in the international and domestic airports that it operates across the...

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Carl Cruz outlines ‘customer-centric’ roadmap as he takes over Globe

BUKIDNON, Philippines – As Carl Raymond Cruz takes over as Globe’s president and chief executive officer, he outlined a strategic direction centered on customer centricity and innovation. Cruz’s...

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Maya finally achieves income profitability in first quarter of 2025

MANILA, Philippines – Maya finally reached profitability three years since it entered the digital banking business, thanks to strong lending activity and continued growth in deposits and payments. The...

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MRT7 trains to be tested soon, full operations eyed by 2026

MANILA, Philippines – Preparations to open the Metro Rail Transit Line 7 (MRT7) are back on track. San Miguel’s MRT7 Corporation tapped the Korea Railroad Corporation (KORAIL) — the company operating...

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Flag carrier PAL gets its first foreign president

MANILA, Philippines – Richard Nuttall will be flag carrier Philippine Airlines’ (PAL) next president, replacing Filipino Captain Stanley Ng beginning May 29. Nuttall is a British with decades of...

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Central Visayas, Caraga among PH’s fastest growing regional economies in 2024

CAGAYAN DE ORO, Philippines – The Central Visayas region was the country’s fastest growing regional economy in 2024, latest data from the Philippine Statistics Authority (PSA) showed. According to PSA...

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