RECENT NEWS

Category: Asenso Pinas

BSP Reports Businesses Feeling Less Confident in Q1

The business sector in the Philippines is feeling less optimistic at the start of 2025, according to the Bangko Sentral ng Pilipinas (BSP). The latest Business Expectations Survey (BES) shows that business confidence dropped due to a mix of factors, including post-holiday slowdowns, inflation worries, and reduced demand. What’s Happening? 📉 Confidence is down – […]
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Foreign Tourists Rejoice! PH Now VAT-Free for Visitors

Foreign tourists visiting the Philippines now have an exciting reason to shop more! On Monday, government officials signed the official rules and regulations for the VAT Refund for Non-Resident Tourists, allowing foreign visitors to claim a refund on value-added tax (VAT) for goods purchased from accredited stores. Who Can Get a VAT Refund? Under Republic […]
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