BREAKING

Sunday, March 15, 2026

BIR Shuts Down Cebu Online Seller Over ₱211 Million Undeclared Sales


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The Bureau of Internal Revenue (BIR) has shut down an online selling operation in Cebu for failing to declare more than ₱211 million in sales, following an investigation conducted by the Regional Investigation Division of Revenue Region No. 13 – Central Visayas, under the supervision of Regional Director Douglas A. Rufino.


The closure order was implemented on Thursday, March 12, under the BIR’s Oplan Kandado program.


The enforcement action stemmed from a joint investigation by the BIR and the National Bureau of Investigation – Central Visayas Regional Office (NBI-CEVRO) after authorities received confidential information about an online seller offering luxury goods through Facebook Live and other digital platforms without issuing official receipts and without proper registration with the BIR. 






Subsequent surveillance and tax compliance verification conducted by BIR and NBI operatives linked the business to locations in Jamestown and Mabini Street in Mandaue City, as well as Pahina Central in Cebu City.


Mission Orders were subsequently issued authorizing investigators to monitor sales activities, verify tax compliance, and conduct an inventory of products subject to tax.


An examination of business records seized during the operation showed that the seller generated more than ₱211 million in gross sales, based on the establishment’s own transaction records.


Based on these records, BIR computed a minimum tax liability of ₱40.4 million, inclusive of surcharges and penalties, under the National Internal Revenue Code.


Efforts are ongoing to locate the individual behind the operation, who has not responded to the BIR’s repeated notices.


The BIR is now preparing to pursue formal tax assessments and possible criminal charges against the individual under the Run After Tax Evaders (RATE) program.


“The BIR remains firm in ensuring that all businesses, whether operating in physical stores or on online platforms, comply with tax laws. Honest taxpayers should never be placed at a disadvantage by those who evade their obligations. We will continue to enforce the law and protect the integrity of our tax system,” said BIR Commissioner Charlito Martin R. Mendoza.

 

The operation forms part of the BIR’s intensified enforcement campaign against illegal business activities and tax evasion, carried out in line with the directive of President Ferdinand R. Marcos Jr. to strengthen revenue integrity and ensure fair tax compliance, and consistent with the policy direction of Finance Secretary Frederick D. Go to protect government revenues and uphold a level playing field for law-abiding businesses.

Friday, March 13, 2026

The Battle for the Sky: Inside the High-Stakes Summit to Save Asia’s Air


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BANGKOK, Thailand — Imagine a silent predator. It doesn't have claws or teeth, yet it claims 7.9 million lives a year. It costs the global economy $8 trillion annually—more than the GDP of most nations. It is the air we breathe, and in Asia and the Pacific, it has become a frontline of a global health emergency.


This week, against the backdrop of a city that has personally wrestled with the choking veil of seasonal haze, the 12th Better Air Quality (BAQ) Conference 2026 transformed Bangkok into the "war room" for clean air. From March 11–13, over 850 policymakers, scientists, and activists from 50 countries gathered at the United Nations Conference Centre with a singular, desperate mandate: Turn the tide before the air runs out.


A Human Rights Crisis in Every Breath

The atmosphere inside the summit was one of "cautious urgency." While the data is grim—with 90% of the region’s population, or four billion people, breathing air that violates health guidelines—the message from the podium was one of moral clarity.


"Air pollution is ultimately about people," declared Dr. Bindu Lohani, Chair of the Board of Trustees at Clean Air Asia. His words reframed the technical jargon of "particulate matter" into a visceral reality. He spoke of pregnant mothers, the vulnerable elderly, and the disabled—those for whom a "bad air day" isn't an inconvenience, but a life-threatening barrier.


"Clean air must be understood not only as an environmental objective," Lohani urged, "but also as a human right."


The $8 Trillion Paradox

The conference, themed "Together for Clear Skies: Driving Action, Accelerating Investment," took aim at a frustrating irony: we have the tools to fix the problem, but we aren't funding the solution.


Despite the staggering economic drain of pollution-related healthcare and lost productivity, clean air initiatives currently receive only a fraction of international development finance. The delegates at BAQ 2026 made it clear that the era of "dialogue without dollars" must end.


The strategy for 2026 and beyond is clear:


Scale the Solutions: Technologies in green transport, renewable energy, and sustainable agriculture already exist. The goal is now massive, rapid implementation.


The "Double Win": By targeting "short-lived" pollutants like methane and black carbon, leaders can simultaneously cool the planet and clear the lungs of their citizens.


Airshed Diplomacy: Pollution doesn't carry a passport. The conference emphasized "airshed-based approaches," recognizing that a factory's smoke in one nation is a hospital's crisis in another.


A Glimmer of Blue

Amidst the warnings, there was a profound sense of hope. Data revealed that outdoor PM2.5 levels dropped in 47% of cities between 2014 and 2024. This proves that when policy meets investment, the sky actually clears.


Bangkok itself served as a living laboratory. As co-host, the city demonstrated its commitment to moving away from the "seasonal haze" narrative toward a future of transparency and data-driven cooling. Pornphrom Vikitsreth, Chief Sustainability Officer of Bangkok, emphasized that cities are no longer just the source of the problem—they are the engine of the cure.


The Road Ahead: From Talk to Transit

As the 12th BAQ concluded, the heavy doors of the UN Conference Centre opened to a city still fighting for its vista. But the 850 delegates left with more than just notes; they left with a blueprint.


“If the conversations we have had here lead to stronger policies and real improvements,” said Bjarne Pedersen, Executive Director of Clean Air Asia, “then BAQ 2026 will have marked an important step towards clearer skies.”


The mission now moves from the air-conditioned halls of Bangkok to the coal mines, the congested highways, and the rice paddies of Asia. The world is watching, and more importantly, the world is breathing. The mandate from Bangkok is simple: The time for talk has evaporated. The time for action is as clear as the sky we deserve.

Seize the Future: PDIC Announces Exclusive Auction of Prime Philippine Assets!


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Imagine owning a crucial piece of the thriving Kidapawan business corridor or a strategic development lot in the heart of bustling Kalibo. The Philippine Deposit Insurance Corporation (PDIC) is throwing open the doors to a spectacular opportunity, putting a curated portfolio of prime corporate and closed bank properties up for electronic public bidding (e-bidding) on April 22-23, 2026! This isn't just an asset sale; it’s a gateway to acquiring strategically located, high-potential real estate on a transparent and accessible digital platform.


A Portfolio Built for Bold Investors

Whether you're an ambitious developer, a seasoned land banker, or a visionary entrepreneur looking to expand, the PDIC e-bidding event promises a treasure trove of opportunity. The asset inventory, sold on an "as-is, where-is" basis, includes:


Commercial Gems: Acquire a vacant commercial lot poised for explosive development in the rising star of Kidapawan City, North Cotabato. Alternatively, claim a primed commercial lot with improvements situated within the dynamic, lifestyle-driven business district of Kalibo, Aklan.


Industrial Hubs: Secure an industrial lot with valuable improvements in highly urbanized General Santos City, South Cotabato – a strategic location for logistics and production.


A Vast Canvas for Growth: Expand your horizons with a substantial collection including 25 agricultural lots, 19 residential lots, and 3 mixed-use residential/agricultural lots.


With land sizes stretching from a versatile 100 square meters to a vast 10.5 hectares, the flexibility is unprecedented. These prime assets are strategically spread across diverse provinces, tapping into economic hotspots nationwide: Aklan, Antique, Bohol, Capiz, Guimaras, Iloilo, Cebu, Negros Oriental, Southern Leyte, North Cotabato, South Cotabato, Agusan del Norte, Agusan del Sur, Surigao City, and Surigao del Sur. This disposal initiative represents a unique chance to get ahead in established and growth-driven markets through a completely transparent digital platform.


Your Path to Digital Auction Success

The entire bidding process has been modernized and simplified for seamless participation:


Register Now: Don't miss out! Complete a simple, one-time registration at the official PDIC e-bidding portal: https://assetsforsale.pdic.gov.ph/Account/Register. This grants you access to this and all future PDIC e-bidding events.


Due Diligence is Key: PDIC strongly encourages all potential bidders to conduct thorough due diligence. Verify the condition, ownership status, and all surrounding circumstances of the property you're interested in before committing a bid.


Bidding Window: Be ready to participate during the two-day auction! Bids may be submitted through the portal starting at 9:00 a.m. on April 22, 2026, running until 1:00 p.m. on April 23, 2026.


The Bid Opening: The tension builds as all submitted bids will be formally opened on April 23, 2026, starting at 2:00 p.m.


Remember to carefully read the complete Conditions of Bid available on the e-bidding portal to ensure a successful and compliant bid.


Empowering a Stronger Financial System

Your participation in this auction does more than just unlock investment potential; it directly contributes to the stability of the Philippine financial landscape. Proceeds from the sale of closed bank properties are funneled directly into funds managed by PDIC to settle the claims of creditors and depositors with uninsured deposits from those closed institutions. Similarly, revenues from the sale of corporate assets boost the Deposit Insurance Fund, ensuring PDIC's continued ability to protect depositors.


By participating, you help maximize recovery from closed bank assets and reinforce the foundation of the country's banking system.


More Than Just Properties: What's Next?

This is a rare, time-sensitive chance to make a strategic acquisition on a nationwide scale. PDIC has provided comprehensive resources for interested buyers. Explore the full property listing with detailed descriptions and requirement information directly on the e-bidding portal. Need assistance? Contact the PDIC Public Assistance Department directly. Within Metro Manila, call (02) 8841-4141. For those outside the metro, utilize the toll-free hotlines at 1-800-1-888-PDIC or 1-800-1-888-7342. Inquiries can also be emailed to pad@pdic.gov.ph or sent via private message to PDIC's official Facebook page (@OfficialPDIC) or the Assets for Sale Facebook page (@PDICAssetsforSale).


About PDIC

Established on June 22, 1963, by Republic Act 3591, the Philippine Deposit Insurance Corporation (PDIC) is dedicated to protecting depositors and fostering stability in the financial sector. An attached agency of the Bangko Sentral ng Pilipinas, PDIC actively contributes to the Financial Sector Forum, Financial Stability Coordination Council, and the Financial Inclusion Steering Committee.


Don't let this extraordinary opportunity slip by! Register now and prepare to participate in the PDIC e-bidding event on April 22-23, 2026. This isn't just an auction; it's your chance to seize a piece of the future.


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