Photo shows the patron of a digital poker game in Manila. The Department of Finance in April said it wanted to collect an estimated P32 billion in annual income tax from foreign nationals working for Philippine online gaming operators (POGOs). SCMP

BIR to collect income tax on foreign workers starting July

MANILA – The Philippine government will start collecting taxes from foreign workers who have previously failed to pay their obligations, the Department of Finance (DOF) said...

New local tax rules released, includes professionals

MANILA – Business permits for professionals such as doctors will be free under new regulations released by the Department of Finance in response to taxpayers' complaints,...

People support tax reforms if they feel benefits – DOF chief

MANILA – Finance secretary Carlos Dominguez said he is optimistic about the passage of the remaining tax reform measures because of the support of lawmakers and...
Ramon Ang

Ramon Ang denies backing bet in House Speaker race

MANILA – San Miguel Corp president Ramon Ang on Monday denied claims he was backing any contender for speaker of the House of Representatives. Taguig representative...
A fisherman lights his cigarette as his boat’s crew heads out from a coastal town in Kalibo. THE NEW YORK TIMES

PH ‘good ship’ facing ‘high waves,’ Dominguez on US-China trade spat

MANILA – The Philippines' domestic-driven economy will help it weather the fallout from the US-China trade war, the head of President Rodrigo Duterte's economic team said...
Ramon Lopez

Lopez : PH can be ‘major player’ in AI jobs

MANILA – The Philippines can be a "major player" in the utilization of artificial intelligence, backed by a young work force that can meet employers' demands,...
A gas station attendant in Metro Manila refuels a private vehicle. RAPPLER

Another oil price hike looms today

MANILA – Several oil companies are increasing their pump prices on today, Tuesday, in line with developments in the international market. Petro Gazz, Seaoil, and PTT Philippines...
US President Donald Trump meets with China's President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, on June 29. REUTERS

Asian markets surge on Trump-Xi breakthrough

HONG KONG – Asian markets surged Monday after Donald Trump and Xi Jinping agreed to restart trade talks, reviving hopes of an end to their tariffs...

PH manufacturing sector improves to 4-month high in June

MANILA – The Philippine manufacturing sector posted slight gains in June, results of the monthly survey conducted by IHS Markit for Nikkei Inc. showed, to mark...

‘Performance-based, time-bound’ tax breaks to stay, says Trade chief

MANILA – Corporate tax incentives will continue on a "performance-based and time-bound basis," Trade secretary Ramon Lopez said Monday, as the government pushed for the second...