Intentar ORO - Gratis
Marcos cuts 2025 property taxes for power producers to avert fiscal, energy risks
Business World Philippines
|December 04, 2025
PHILIPPINE President Ferdinand R. Marcos, Jr. ordered a reduction of real property taxes on independent power producers (IPP) for 2025, warning that full assessments could trigger defaults, strain state finances and disrupt power supply.
Executive Order (EO) No. 106, issued on Nov. 28 and published on Wednesday, lowers this year’s property-tax liabilities of IPPs —including special education fund charges — operating under build-operate-transfer and similar contracts with government-owned firms.
Taxes will now be based on 15% of fair market value, depreciated 2% annually, minus any payments already made.
The directive also wipes out all interest and penalties on unpaid obligations, with excess payments credited to future liabilities.
Esta historia es de la edición December 04, 2025 de Business World Philippines.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Business World Philippines
Business World Philippines
Fisheries advocates express support for Senate vessel monitoring probe
MARINE conservation organization Oceana Philippines and fisherfolk federation PANGISDA Pilipinas said they support a Senate investigation into the Bureau of Fisheries and Aquatic Resources (BFAR) and its implementation of vessel monitoring systems.
1 mins
March 05, 2026
Business World Philippines
ATI nears delisting after receiving majority of tendered shares
ASIAN TERMINALS, INC. (ATI) is moving closer to its planned delisting after receiving sufficient shares from minority stockholders, the listed company said on Wednesday.
1 mins
March 05, 2026
Business World Philippines
House panel urged to seek alternative CHED funding as travel tax cut advances
THE Commission on Higher Education (CHED) on Wednesday urged lawmakers to consider alternative funding sources for its tertiary education support program, as its chief warned of shortfalls should the government decide to abolish the travel tax.
1 min
March 05, 2026
Business World Philippines
BSP wants banks to use server-side biometrics to combat financial fraud
THE Bangko Sentral ng Pilipinas (BSP) wants to require banks to enforce server-side biometric authentication to verify users and secure customer-initiated transactions amid rising financial fraud risks.
1 mins
March 05, 2026
Business World Philippines
S. Korean parliament to hold March 12 vote on US investment bill amid tariff pressure
South Korea’s ruling and opposition parties agreed on Wednesday to pass a special bill on March 12 to enable major investments in the US under a bilateral trade deal, moving to meet Washington's expectations after recent pressure over delays.
1 min
March 05, 2026
Business World Philippines
Malayo sa bituka... or so they think
I suspect many Filipinos who struggle to make ends meet each day regard China’s coercion in the West Philippine Sea (WPS) this way: it’s hardly a gut issue.
7 mins
March 05, 2026
Business World Philippines
UBS sees Philippine growth at low end of 5%-6% goal this year
PHILIPPINE economic growth may land at the bottom of the government's 5% to 6% goal this year as investment slowly recovers from last year’s flood control scandal, UBS Investment Bank Global Research said.
2 mins
March 05, 2026
Business World Philippines
PLDT expands direct-to-device satellite tests to Ilocos Norte
PLDT INC., through its wireless subsidiary Smart Communications, Inc., is expanding its direct-to-device satellite connectivity tests to northern Ilocos Norte.
1 min
March 05, 2026
Business World Philippines
The ASEAN economic agenda and the Philippines' fiscal condition
Last week, on Feb. 24, I attended the ASEAN Editors and Economic Opinion Leaders Forum at the Fairmont Hotel in Makati. Organized by the Department of Trade and Industry (DTI), it was a huge forum with a huge audience.
3 mins
March 05, 2026
Business World Philippines
Frontloaded issuance pushes PHL debt to P18.13 trillion
THE PHILIPPINES’ outstanding National Government (NG) debt rose to P18.13 trillion at the end of January, as the state accelerated borrowing at the start of the year to lock in funding ahead of global market volatility.
2 mins
March 05, 2026
Listen
Translate
Change font size