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Month: August 2024

BIR: More medicines now VAT exempt

MANILA: The Bureau of Internal Revenue (BIR) said 15 more medicines for cancer, high cholesterol, hypertension, and mental illness are now exempted from value-added tax (VAT).

In a statement on Wednesday, the BIR said Commissioner Romeo Lumagui Jr. i…

Vietnam defense chief to visit PH

MANILA: Department of National Defense (DND) Secretary Gilberto Teodoro Jr. sees stronger defense ties between the Philippines and Vietnam with the coming visit of his Vietnamese counterpart.

Teodoro said Vietnamese Defense Minister Gen. Phan Van Gia…

Japan calls for de-escalation amid China’s dangerous acts in WPS

MANILA: The Japanese Ministry of Foreign Affairs has called for de-escalation in tensions amid China’s latest acts in the West Philippine Sea over the past two weeks, including the deployment of flares and ramming of a Filipino vessel.

Without direct…

DOE receives 8 bids for petroleum, natural hydrogen exploration

MANILA: The Department of Energy (DOE) on Wednesday said it has received eight applications from local and foreign companies for indigenous energy resources exploration under the 1st Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) Conventional…

DA OKs importation of 16K MT yellow onion to ensure stable prices

MANILA: The Department of Agriculture (DA) confirmed Wednesday the approval of a limited importation of yellow onions to ensure stable market prices in the upcoming holiday season.

In an ambush interview, DA Secretary Francisco Tiu Laurel Jr. said th…