Economy

THE Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act is expected to enhance the competitiveness of the information technology and business…

APPROVED building permits declined 10.8% in December, a turnaround from the 1% growth posted a year earlier, the Philippine Statistics Authority (PSA) reported. The PSA, citing preliminary data, said building…

DAVAO CITY company Maylong Enterprises Corp. completed its first frozen durian shipment to China valued at P8.2 million. In a statement on Thursday, the Department of Agriculture (DA) said the…

THE Department of Energy (DoE) said it is requiring traders of marine fuel, known as bunker, to comply with fuel quality standards for sulfur content. In a department circular dated…

THE Department of Budget and Management (DBM) and the Department of Education (DepEd) signed a joint memorandum circular to guide the career progression of teachers and school heads. In a statement…

THE cash utilization rate posted by government agencies was 78% in January, according to the Department of Budget and Management (DBM). The National Government, local governments, and government-owned and –controlled…

PHILIPPINE companies must upgrade detection and infiltration methods to protect consumers against artificial intelligence-(AI) generated deepfakes, according to mobile app security solutions provider Appdome. “The reality is the line between…

By Kenneth Christiane L. Basilio, Reporter THE GOVERNMENT may need to rethink its reliance on tax incentives for attracting investment with the onset of global minimum tax rules, the Congressional…

By John Victor D. Ordoñez, Reporter PRESIDENT Ferdinand R. Marcos, Jr. issued an executive order (EO) that will reduce real property tax for independent power producers (IPPs) engaged in build-operate-transfer…

THE National Food Authority (NFA) on Wednesday began releasing rice stocks to local government units (LGUs) in response to the declaration of a food security emergency. Agriculture Secretary Francisco Tiu…