BIR Posts Over P2.81T in Jan-Oct Collections, Eyes P3 Trillion Target
The Bureau of Internal Revenue (BIR) announced its gross collections from January to October reached P2.84 trillion, a 5.63% increase year-on-year. The agency aims to surpass its P3 trillion target by year-end, with the Commissioner vowing to strengthen tax compliance and taxpayer assistance.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Philippines Faces 'Difficult Combination' of High Inflation, Sluggish Growth
The Bangko Sentral ng Pilipinas (BSP) is prioritizing its response to a difficult combination of high inflation and sluggish growth, citing the "second-round effects" of global supply shocks and the risk of eroding public trust. The BSP has raised its benchmark interest rate by 125 basis points in 2026 alone, aiming to bring inflation back to its 3% target by 2028.
- Asian Terminals Secures 25-Year Concession Renewal for Manila South Harbor
Asian Terminals Inc. (ATI), a Philippine port and logistics operator, has announced a 25-year renewal of its concession to operate and develop Manila South Harbor. This renewal will enable ATI to pursue port expansion, automation, and digitalization, aiming to enhance trade and logistics efficiency in the Philippines for decades to come.
- Philippines Boosts Palay Buying Price to P30/kg, Farmers May Earn Up to P8/kg Profit
The Philippines' National Food Authority (NFA) has raised its buying price for palay (unhusked rice) to P30 per kilogram, aiming to ensure farmers can earn up to P8 per kilogram in profit after production costs. The move seeks to boost farmer incomes, though its broader market influence is also being discussed.
- Peso appreciation vs US dollar possible before end of 2026: economist
A prominent Philippine economist has projected that the Philippine peso could appreciate against the US dollar by the end of 2026, citing potential domestic economic stability and shifts in the international landscape.