THE GOVERNMENT needs to address the bottlenecks in the economic zone accreditation process in anticipation of a possible slowdown in online gaming investment following a crackdown on the industry in China, Colliers International Philippines said.

THE DEPARTMENT of Transportation (DoTr) said it is expediting development works at the Antique Airport, adjusting the completion timeline to June 2020, after asking the contractor to hire more workers and work longer hours.

THE COURT of Tax Appeals (CTA) denied a motion for reconsideration filed by Hedcor, Inc. over the denial of its 2011 tax refund claim amounting to P50.66 million, citing lack of merit.

KADAYAWAN, Davao City’s biggest annual festival, draws a bigger crowd than the Christmas and dry-season holiday seasons, and hotels here are all set for the visitor surge during much of August.

THE Department of Interior and Local Government (DILG) said Parañaque has launched an express lane to expedite dealings with companies doing business with the city.

FINANCE Undersecretary Gil S. Beltran said inflation is expected to ease further in the second half, bringing the 2019 average towards the lower end of the 2.7-3.5% target band for the year.

THE Court of Tax Appeals (CTA) affirmed the cancellation of the P151.3 million alleged tax deficiency of an oil trading firm after it was assessed by an unauthorized revenue officer (RO).

New platforms and drivers of productivity are creating new possibilities at unprecedented speeds, with steady advances in robotics, cognitive technologies and intelligent automation. To remain relevant and competitive, businesses are looking to implement digital strategies to keep up with the speed of change.

THE Energy Regulatory Commission (ERC) said Friday that it will seek clarification from the Supreme Court (SC) after the tribunal denied the agency’s motion for reconsideration on a ruling that invalidated a number of power supply contracts that could affect millions of electricity consumers.

THE National Economic and Development Authority (NEDA) Board’s Committee on Infrastructure (INFRACOM) has endorsed for approval the second transport infrastructure road map for the capital region.

POWER Sector Assets and Liabilities Management Corp. (PSALM) is selling a property in Ilocos Norte where a diesel-fired power plant used to stand, as the agency continues to look for ways to monetize idle assets.

SURIGAO Airport is scheduled to reopen for direct flights connecting to Manila by the end of the year with the expected completion of rehabilitation works on its runway.