BIR eases tax rules for Pogos to pay, resume operations

The Bureau of Internal Revenue (BIR) has eased some of the tax requirements for Philippine offshore gaming operators (Pogos) to resume operations under a less restrictive COVID-19 community quarantine. Internal Revenue Commissioner Caesar R. Dulay issued a memo, dated May 25 yet but posted on the BIR website only on Friday (July 3), listing down […]

MVP firm pushing through with P120B in projects

MANILA, Philippines—Metro Pacific Tollways Corp., one of the country’s biggest toll road operators, is moving forward with a P120 billion pipeline of projects amid the unfolding health crisis. The projects are expected to help “jumpstart” the Philippine economy, which...

Converge ICT applies for P35.9B IPO

Dennis Anthony Uy Fiber internet and other digital service provider Converge ICT Solutions Inc. filed at application at the Securities and Exchange Commission for an initial public offering (IPO) worth as much as P35.9 billion. The SEC announced on Friday that it had...