BPO industry on track to hit 1.7 million target for creating new jobs

THE IT and Business Process Association of the Philippines (IBPAP) said it is on track to achieve its target of creating 1.7 million jobs...

Ajinomoto sees plastics tax driving industry push towards sustainability

AJINOMOTO Philippines Corp. said the excise tax on single-use plastics will accelerate companies’ efforts to become more sustainable in their operations.

SRA suspects price manipulation behind decline in raw sugar prices

RAW sugar prices have dropped in Negros Occidental due to suspected market manipulation, the Sugar Regulatory Administration (SRA) said. SRA Administrator Pablo Luis S. Azcona...

DoE endorses 86 projects for operating permits

THE Department of Energy (DoE) has endorsed 86 new and existing power plant projects to the Energy Regulatory Commission (ERC) as of August, moving...

China-ASEAN trade show generates $8.68 million in sales for PHL exhibitors

THE Department of Trade and Industry (DTI) said Philippine exhibitors participating in the 20th China-ASEAN Expo (CAEXPO) generated sales of $8.68 million. At a briefing...

Diokno expects REITs to enhance financial inclusion

COMPANIES need to explore Real Estate Investment Trust (REIT) offerings to broaden the levels of financial inclusion in the economy, Finance Secretary Benjamin E....

DTI gearing up for halal industry roadmap

THE Department of Trade and Industry (DTI) plans to draft a Halal Industry Development Roadmap as early as this year, a legislator said. At the...

Philippine taxes in the digital space

By Olivia Erika Susa
The digital economy has come so far in such a short time — it’s hard to believe that it all started just over 30...

NEDA sees nickel resources as key to green transition

THE PHILIPPINES needs to better exploit its nickel resources to advance its transition to green industries, National Economic and Development Authority (NEDA) Secretary Arsenio...

Domestic mineral processing expected to benefit electronics, construction industries

The Department of Trade and Industry said the electronics and construction industries are expected to benefit from domestic mineral processing. At the Mining Philippines International...

Margin-based mining tax bill in line with industry guidance

MINING companies said a proposed tax regime based on margins earned plus a charge on windfall profits is consistent with the input the industry...

11,000 target set for advanced manufacturing training

The Advanced Manufacturing Workforce Development Alliance (AMDev) Program is expected to take in 11,000 trainees, expanding beyond the initial intake of electronics and pharmaceuticals...