Philippine salary growth projected at 5.5% in 2025
AVERAGE SALARIES in the Philippines are projected to grow 5.5% in 2025, against the actual rise of 5.2% in 2024, according to a study...
Visa sees cross-border e-commerce driving digital payments next year
VISA, INC. said it expects cross-border e-commerce to drive digital payments in 2025 as consumers seek more access to international sellers.
“It’s about creating a...
Coming soon: VAT in the digital age
By Clarissa Mae Sy
For some people, a typical weekend is spent curling up on the couch with a bowl of popcorn, immersed in their TV shows from...
BPOs still confident amid looming US protectionism
THE information technology and business process management (IT-BPM) industry said that it remains confident in its prospects despite the threat of possible US protectionism under President-elect Donald J. Trump.
House gives 2nd reading approval to zero-tariff bill for electric vehicles
THE House of Representatives approved on second reading on Tuesday a bill seeking to exempt imported electric vehicles (EVs) from tariffs.
House Bill No. 10960...
‘Green lane’ bill seen making EO reforms more permanent
THE Board of Investments (BoI) said the bill that will turn the “green lane” scheme for expediting approvals of strategic projects into a law...
ADB approves $2.85-M package to support PHL energy transition
THE Asian Development Bank (ADB) has approved a combined $2.85-million package for the Philippines to address climate change and expand access to renewable energy.
The...
AI used by 75% of businesses worldwide, Microsoft reports
ARTIFICIAL INTELLIGENCE (AI) has been adopted by 75% of businesses worldwide, IDC Research, Inc. and Microsoft said in a report.
“AI’s reach is expanding into...
Council to enforce economic sabotage law could convene before end of year
A DEPARTMENT of Agriculture (DA) official said the council that will enforce Republic Act (RA) No. 12022, or the Anti-Agricultural Economic Sabotage Act, could...
DBM ‘dashboard’ to track LGU funding
THE Department of Budget and Management (DBM) said it has introduced a dashboard to improve monitoring of Local Government Support Fund (LGSF) releases.
The LGSF helps...
Palace order implementing S. Korea FTA expected soon
EXPORTERS shipping to South Korea could avail of new tariff arrangements as early as this month following the expected completion of the entry into force requirements of the Philippine-Korean free trade agreement (FTA), the Department of Trade and Industry said.
Half cup of rice pushed as standard national serving
THE Philippine Rice Research Institute (PhilRice) said it is pushing for an executive order (EO) to eventually make the half cup of rice as...