BIR helps in affordable medicine care for Filipinos
On August 7, 2026, the Bureau of Internal Revenue (BIR) has announced additional lists of medicines with Value-Added Tax (VAT) exemptions for increasing an accessible and affordable medicine care for Filipinos. This announcement was from the Revenue Memorandum Circular No. 087-2026, an update from Food and Drug Administration (FDA) from the Department of Health. The memorandum circular states that medicines with VAT exemption have now reached 2,277 with added 14 […]
DMW Strengthens Regional Coordination to Improve OFW Assistance
The Department of Migrant Workers (DMW) continues to strengthen its commitment to overseas Filipino workers (OFWs) by improving government assistance is delivered across the country. During its recent Central Office–Regional Office (CO-RO) Consultations held in Pasig City on August 4, 2026, the department gathered representatives from its regional offices to discuss challenges affecting frontline services and identify ways to make assistance more efficient and accessible. […]
Risky Banks Must Pay More: PDIC To End Equal Premiums
The Philippine Deposit Insurance Corporation will impose higher premiums to higher risk banks starting 2028 to boost compliance and risk metrics.