ERC on track to complete rate reset for grid operator

THE Energy Regulatory Commission (ERC) said it is on track to complete the rate reset process for the National Grid Corp. of the Philippines...

S. Korea trade deal seen producing import tariff savings of up to 30%

PHILIPPINE IMPORTS from South Korea across more than 600 tariff lines are expected to realize tariff savings of up to 30% once the Philippines-South...

Indonesia, Vietnam eyed as alternative sources of ginger

FARM GOODS importers have been asked to consider ordering ginger from Indonesia or Vietnam to ensure that the needs of the food industry are...

UAE’s Masdar pitched on RE investments in PHL

  THE Department of Trade and Industry (DTI) said it met with Masdar, the United Arab Emirates (UAE) developer of future-energy projects, to explore investing...

Finding ways to reimburse your taxes

By Francis Jeffrey C. Valerio
One of the greatest fears a commuter occasionally faces is riding a bus on a Monday morning, only to find out that all the...

BoI touts tax savings for RBEs under CREATE MORE measure

THE passage of the bill amending the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act will result in registered business enterprises (RBEs) saving...

PHL-S. Korea mineral deal seen stabilizing ore, EV supply chain

THE Board of Investments said a strategic cooperation agreement with South Korea is expected to ensure stable supply of critical minerals while generating potential...

NCR office vacancies seen falling as new construction tapers off

THE Metro Manila office vacancy rate is expected to decline gradually starting in 2025, after having remained steady in recent years, Leechiu Property Consultants,...

AI regulation should address PHL businesses’ concerns about security, privacy — Snowflake

THE GOVERNMENT needs to lay down clear regulations on the use of artificial intelligence (AI) to encourage business adoption, due to the need to allay their data security and privacy concerns, US cloud data company Snowflake, Inc. said.

BIR confident digitalization timetable on track

THE Bureau of Internal Revenue (BIR) expressed confidence in meeting its internal deadline for fully digitalizing its services and operations by 2028. “By 2028, the...

S. Korean agricultural equipment firms setting up shop in Cabanatuan

THE Department of Agriculture (DA) said on Tuesday that it will build an agricultural machinery manufacturing complex in Cabanatuan in partnership with the Korea...

NFA sets palay buying price at P23-P25 per kilo

THE National Food Authority (NFA) said it set the buying price of palay (unmilled rice) at between P23 and P25 per kilogram for dry...