Economy

THE House of Representatives energy committee is considering amendments that will expand the Energy Regulatory Commission (ERC) charter, including the introduction of benchmarking in generation rate-setting while expediting the body’s…

THE Philippine aviation industry is looking to expand air links to the US in the upcoming aviation masterplan, the Department of Transportation (DoTr) said. “We need to do consultation meetings…

By Justine Irish D. Tabile, Reporter THE information technology and business process management (IT-BPM) industry said it is receiving growing interest from potential clients in Asia, Australia, and the UK.…

THE PHILIPPINES could be one of the biggest markets for e-commerce due to its demographic makeup, an online shopping platform said. On the sidelines of the 10.10 Brand Summit, Shopee…

THE Department of Trade and Industry (DTI) said newly signed legislation that will impose value-added tax (VAT) on foreign digital service providers will help level the playing field for micro,…

THERE is “no guarantee” that foreign digital service providers will continue with their current pricing schemes now that they are being charged value-added tax (VAT), the Bureau of Internal Revenue…

THE Bureau of Customs (BoC) said it has seized P61.16 billion worth of smuggled goods as of the end of August. “Our border enforcement actions have (resulted in the apprehension…

THE volume of meat imports rose 7.84% in the seven months to July, led by beef, chicken, and pork, the Bureau of Animal Industry (BAI) reported. The BAI said on…

COMPANIES pursuing artificial intelligence (AI) initiatives could end up with AI being a cost center in the absence of alignment with their business goals, a data science professor said. “The…

THE Bases Conversion and Development Authority (BCDA) said it signed a partnership with Australia’s AMSL Aero to explore the development of low-cost, zero-emission, and hydrogen-powered aircraft in New Clark City.…