Versuchen GOLD - Frei
National Revenue Authority touted as possible BIR, BoC replacement
Business World Philippines
|February 10, 2026
THE overhaul of the government's main revenue agencies must be revisited, particularly the consolidation of the bureaus of Customs and Internal Revenue into a National Revenue Authority (NRA), a former Finance department official said.
Former Undersecretary Cielo D. Magno called for the revival of a proposal to establish the NRA, “given all of these challenges and problems with respect to revenue mobilization.”
“I think it’s again time to think of reforming the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BoC), and revisiting the idea of creating a National Revenue Authority,” she said in a University of the Philippines School of Economics event on Feb. 6.
Diese Geschichte stammt aus der February 10, 2026-Ausgabe von Business World Philippines.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Business World Philippines
Business World Philippines
PSA: 2.58 million Filipinos jobless in March
THE Philippine unemployment rate in March rose to 5%, as the number of jobless Filipinos jumped to 2.58 million amid the oil crisis, the Philippine Statistics Authority (PSA) said.
4 mins
May 07, 2026
Business World Philippines
BSP ready for monetary policy adjustments amid growing inflation risks
THE Bangko Sentral ng Pilipinas (BSP) said it may take “all necessary monetary actions” to keep inflation in check amid rising price pressures after the April print exceeded its estimate.
4 mins
May 07, 2026
Business World Philippines
Farm output shrinks by 0.3% in Q1
THE Philippines' agricultural production shrank by 0.3% in the first quarter of the year, due to a decline in crop and fisheries output, the Philippine Statistics Authority (PSA) said.
6 mins
May 07, 2026
Business World Philippines
PBB net income drops to P221.56M
PHILIPPINE Business Bank (PBB) recorded a 62.45% drop in its net income in the first quarter, largely due to trading losses as the Middle East war caused market volatility.
1 mins
May 07, 2026
Business World Philippines
AIA Philippines eyes sustained profit growth amid war-driven volatility
AIA PHILIPPINES Life and General Insurance Co., Inc. is looking to sustain the strong income growth it booked last year, but volatility due to the prolonged Middle East conflict could affect its prospects.
1 mins
May 07, 2026
Business World Philippines
PHL progress noted in diversifying exports
THE Asian Development Bank (ADB) said the Philippines has been successful in diversifying its exports while also increasing the share of domestic value-added in its exports.
2 mins
May 07, 2026
Business World Philippines
D&L first-quarter profit boosted by non-food segment
D&L INDUSTRIES, Inc. reported a 5% increase in first-quarter (Q1) net income to P717 million, driven by margin improvements and stronger domestic demand despite mixed performance across its business segments.
1 min
May 07, 2026
Business World Philippines
Policy balancing act seen needed to avert stagflation
THE PHILIPPINES risks slipping deeper into a “stagflation-ary” environment if monetary, fiscal, and structural policies fail to work in syne, an analyst said.
2 mins
May 07, 2026
Business World Philippines
Digitalization leads to higher revenue generation for LGUs, says PIDS
FULLY automated business permits and licensing systems (BPLS) are helping increase revenues across local government units (LGUs), but challenges, including infrastructure and functionality gaps, hinder the shift, a study showed.
2 mins
May 07, 2026
Business World Philippines
Businesses under pressure to absorb costs to maintain competitive position
MARGIN compression is looming for Philippine companies as costs rise, along with the pressure to hold the line on pricing to remain competitive, industry associations said.
2 mins
May 07, 2026
Listen
Translate
Change font size