Tower sharing, fiber network expansion seen attracting more investment — DICT
THE Department of Information and Communications Technology (DICT) said the National Digital Connectivity Plan, which calls for tower sharing and fiber network expansion, is...
PRA touts GS1 2D barcodes for operational gains
THE Philippine Retailers Association (PRA) urged retailers to transition to GS1 2D barcode technology, saying those who switch stand to gain from supply chain...
PHL wholesale price growth accelerates to 3% in 2025
WHOLESALE PRICE growth accelerated to 3% in 2025 led by chemicals including animal and vegetable oils and fats, the Philippine Statistics Authority (PSA) reported...
Outsized role of consumption behind dismal Q4 growth — BPI
THE economic slowdown in the fourth quarter highlighted the Philippines’ over-reliance on consumer spending, in the absence of alternative drivers of growth, Bank of...
PHL becoming ‘dumping ground’ for surpluses of other rice producers
FOREIGN RICE producers are using the Philippines as a “dumping ground” for their excess production, the Kilusang Magbubukid ng Pilipinas (KMP) said in a...
Customs accredits 11 firms for expedited clearance program
THE Bureau of Customs (BoC) said it accredited 11 firms for its Authorized Economic Operator (AEO) program in 2025, which granting expedited clearance in...
WB approves PHL request to cancel remaining portion of agriculture loan
THE Philippines’ request to cancel the unused portion of a loan for its flagship agriculture development program has been approved by the World Bank...
House bill proposes abolition of travel tax
A BILL seeking to abolish the travel tax was filed in the House of Representatives on Monday, with its proponent citing the need to...
Philippines working to improve Japan market access deals for fruit
THE Department of Agriculture (DA) said the Philippines is working to improve market access to Japan for key fruit products like bananas, pomelos, and...
Packaging industry seen growing 3.2% per year
THE Philippine processing and packaging industry is expected to grow 3.2% a year, according to Informa Markets.
“The overview of the processing and packaging industry...
WESM prices decline in Jan. as supply improves
ELECTRICITY PRICES at the Wholesale Electricity Spot Market (WESM) declined in January as supply margins improved, according to the Independent Electricity Market Operator of...
A promising step toward tax audit reform
By Kathrine Joy Capales
The Bureau of Internal Revenue (BIR) ended the two-month suspension of tax audit activities after issuing Revenue Memorandum Circular (RMC) No. 8-2026 and Revenue...