BIR to launch online taxpayer registration system
THE Bureau of Internal Revenue (BIR) announced that it will launch an Online Registration and Update System (ORUS) in 2022 or 2023, in compliance with its Digital Transformation Roadmap.
Farm industrialization seen potentially attracting foreign investment
INDUSTRIALIZING farming is expected to hold the potential for attracting significant foreign investment to agriculture, the Philippine Chamber of Commerce and Industry (PCCI) said.
Protecting the crown jewels from cyberattack
ByTimothy Redd Francisco and Eugene Dumlao
In sync with the rise of desktop and mobile applications — whether games, entertainment, or social media — is the Philippines’ emergence as a top 20 country in terms of high smartphone usage.
PNR cancels bids for 3 projects after finding them ‘non-feasible’
THE Philippine National Railways (PNR) has canceled procurement for three projects, including a P1.8-billion design and build contract relocating track between Solis and Sucat stations, which were declared “no longer feasible.”
Senate grills Rodriguez on approval procedures for sugar import order
EXECUTIVE Secretary Victor D. Rodriguez faced questioning in the Senate over whether a draft sugar import order went up the proper chain of administrative approvals before being issued.
Trade dep’t expecting sugar price monitoring report by Friday
THE Department of Trade and Industry (DTI) said it is taking on the additional role of monitoring sugar prices, with reports from the monitors expected to be compiled by Friday.
Fisherfolk seek halt to reclamation on municipal fisheries
A FISHERFOLK organization said the government must declare municipal fishing grounds for the exclusive use of small fishermen, and bar the encroachment of reclamation projects, particularly around Manila Bay.
Supreme Court rules petitioners have no standing in PDS ‘monopoly’ case
THE Supreme Court (SC) has dismissed a petition alleging that the Philippine Dealing System Holdings Corp. (PDS) enjoys a monopoly in the market for fixed-income and government securities.
ERC signals planned overhaul of regulatory practices via benchmarking exercise with regional counterparts
THE Energy Regulatory Commission (ERC) said on Tuesday that it will consult with counterpart regulators in the region to determine best practices en route to reforming its rule-drafting and enforcement process.
Malaysian trade official urges PHL to sign up for RCEP
A MALAYSIAN trade official urged the Philippines to ratify the Regional Comprehensive Economic Partnership (RCEP) trade agreement, citing the benefits from improved market access.
Ex-USec says Sugar Order 4 was meant to address ‘urgent’ shortage
THE Agriculture Undersecretary who resigned following the recall of Sugar Order (SO) No. 4 said he signed the order after a meeting with the President convinced him of the urgent need to import 300,000 metric tons of sugar, adding that he believed he was fully authorized to act in such a manner.
MUFG raises 2022 outlook on Philippine growth to 6.7%
MUFG Bank said it upgraded its view on Philippine economic growth in 2022 to 6.7% from 6.5% previously, citing stronger-than-expected performance in the first half.