THE adoption of digital technology increases productivity and wages in services firms in the Philippines, according to a report by the World Bank Group. The World Bank, in its Services…
Category:
Economy
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THE Public-Private Partnership (PPP) Center said its Project Development and Monitoring Facility (PDMF) Committee is expecting $30 million in technical assistance from the Asian Development Bank (ADB) starting next year. “Early…
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By Justine Irish D. Tabile, Reporter THE Clark International Airport Corp. (CIAC) said it hopes to award the National Food Hub project to a private partner by the end of…
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THE Philippine Amusement and Gaming Corp. (PAGCOR) said it is on track to shut down all Philippine Offshore Gaming Operators (POGO) by the end of the year. “You can expect…
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THE House of Representatives has approved on final reading a bill providing tax and duty exemptions on imported electric vehicles (EVs). House Bill No. 10960 received approval from 196 lawmakers,…
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THE Sugar Regulatory Administration (SRA) said the eruption of Mount Kanlaon on Negros Island has raised concerns about sugarcane yields in the current crop year. “If the farmers cannot push…
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THE Sugar Regulatory Administration (SRA) said on Tuesday that it supports an investigation after sugar producers reported that millers are offering them lower prices for their cane. SRA Administrator Pablo…
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THE increased use of credit is pointing to sustained financial strain on consumers, according to a study by TransUnion. “In the face of sustained financial pressure, consumers in the Philippines…
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THE Department of Energy (DoE) said its target date to begin full commercial operations of the renewable energy market (REM) is Dec. 26. In a circular dated Dec. 6, the…
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THE Philippine semiconductor industry has established itself as a key global player but remains weighed down by regulatory bottlenecks, the Organisation for Economic Cooperation and Development (OECD) said in a…