Economy

ELECTRIC COOPERATIVES (ECs) found compliant with the financial and operational standards set by the National Electrification Administration (NEA) will be exempt from tax, fees, and charges imposed by local government…

AVERAGE SALARIES in the Philippines are projected to grow 5.5% in 2025, against the actual rise of 5.2% in 2024, according to a study by a global consultancy firm. “The…

VISA, INC. said it expects cross-border e-commerce to drive digital payments in 2025 as consumers seek more access to international sellers. “It’s about creating a seamless, secure, and accessible ecosystem…

For some people, a typical weekend is spent curling up on the couch with a bowl of popcorn, immersed in their TV shows from their favorite streaming service. This, along…

By Justine Irish D. Tabile, Reporter THE information technology and business process management (IT-BPM) industry said that it remains confident in its prospects despite the threat of possible US protectionism…

THE House of Representatives approved on second reading on Tuesday a bill seeking to exempt imported electric vehicles (EVs) from tariffs. House Bill No. 10960 will impose zero tariffs on…

THE Board of Investments (BoI) said the bill that will turn the “green lane” scheme for expediting approvals of strategic projects into a law will give the reforms continuity across…

THE Asian Development Bank (ADB) has approved a combined $2.85-million package for the Philippines to address climate change and expand access to renewable energy. The package was approved on Nov.…

ARTIFICIAL INTELLIGENCE (AI) has been adopted by 75% of businesses worldwide, IDC Research, Inc. and Microsoft said in a report. “AI’s reach is expanding into every corner of the economy,…

A DEPARTMENT of Agriculture (DA) official said the council that will enforce Republic Act (RA) No. 12022, or the Anti-Agricultural Economic Sabotage Act, could hold its first meeting before year’s…