When the BIR says ‘mine’ to online sellers
By Edmund James E. Opinio
Digital services have grown significantly in the past years especially during the pandemic when mobility was restricted. The growth was spurred by the rise...
Australia’s red meat exports surge as US beef production falls
CANBERRA — Australia's red meat exports rocketed last year as a plunge in livestock prices made its products more competitive at a time when...
ECCP in tie-up with ARTA to help improve ease of doing business
THE European Chamber of Commerce of the Philippines (ECCP) and the Anti-Red Tape Authority (ARTA) said they entered into a partnership to make it...
Mindanao rail phase one to go ahead even with funding uncertain — DoTr
THE Department of Transportation (DoTr) said it will continue to work on the first phase of the Mindanao Railway project after dropping China as...
Weak exports seen as main risk to PHL GDP growth target in 2024
SLUGGISH overseas demand poses the biggest risk to Philippine growth this year, imperiling the official gross domestic product (GDP) target of 6.5-7.5%, BMI Country...
Nuclear regulatory overhaul signals gov’t gearing up to hit 2,400-MW target by 2032
THE creation of a nuclear energy program coordinating committee (NEP-CC) will ramp up preparations to hit an ambitious 2,400-megawatt (MW) target by 2032, analysts...
Vape product seizures hit P5.5 million
THE Department of Trade and Industry (DTI) said on Tuesday that it confiscated vape products valued at P5.5 million over non-compliance with rules governing...
Rice farmer funding support set at P22.9 billion
THE Department of Agriculture (DA) said it allocated P22.9 billion for financial assistance to rice farmers, with the funding to go towards procuring farm...
Cash utilization hits 98% in 2023
THE cash utilization rate posted by government agencies was 98% at the end of 2023, the Department of Budget and Management (DBM) said.
The DBM...
Digital transactions VAT bill elevated to Senate plenary
THE COMMITTEE report of a Senate bill seeking to impose a 12% value-added tax (VAT) on digital transactions, which now includes nonresident foreign online...
BoI backs engineer training to support chip industry dev’t
THE Board of Investments (BoI) said it will support programs to train 128,000 engineers and technicians over four years in support of chipmakers in...
US mineral tie-ups seen reducing PHL reliance on exporting to China
COLLABORATION with the US in mineral processing and energy security projects will likely reduce the Philippines’ dependence on exporting various ores to China, analysts said.