Economy

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…

THE Department of Budget and Management (DBM) said it has introduced a dashboard to improve monitoring of Local Government Support Fund (LGSF) releases. The LGSF helps local government units (LGUs) implement…

By Justine Irish D. Tabile, Reporter EXPORTERS shipping to South Korea could avail of new tariff arrangements as early as this month following the expected completion of the entry into…

THE Philippine Rice Research Institute (PhilRice) said it is pushing for an executive order (EO) to eventually make the half cup of rice as the standard serving size. Citing the…