INTERNATIONAL visitors to the Philippines totaled 5.65 million as of Dec. 15, according to the Department of Tourism (DoT), well behind the pace needed to achieve the 7.7 million target…
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THE Philippine Economic Zone Authority (PEZA) said 27 economic zones (ecozones) have been proclaimed during the Marcos administration. “11 ecozones were proclaimed in 2023 (involving investment of) P3.538 billion. In…
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RED AND YELLOW alerts will be less likely next year during the dry season, according to the Independent Electricity Market Operator of the Philippines (IEMOP). “If you look at the…
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THE PHILIPPINES obtained about P1.6 billion worth of food sales and firm purchase agreements during the China International Import Expo (CIIE) in Shanghai, the Center for International Trade Expositions and…
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THE GROWTH of digital marketplaces is posing challenges for the Bureau of Internal Revenue (BIR) in collecting taxes, a legislator said on Tuesday. The Philippine digital economy was estimated at…
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THE Department of Trade and Industry (DTI) said it established the National Halal Industry and Development Office (NHIDO) to oversee the industry’s development. “The NHIDO will act as the central…
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THE PHILIPPINES is “relatively immune” to the impact of a potential slowdown in China due to a trade war with the United States, the central bank said. However, it may…
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THE Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) said US semiconductor companies are exploring possible local partnerships and were briefed on the government’s…
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THE SENATE approved a bill on Monday extending the maximum term for land leases entered into by foreign investors, and another measure reorganizing the socio-economic planning agency. Senate Bill No.…
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THE National Economic and Development Authority (NEDA) said government agencies must embrace the transformative potential of the monitoring and evaluation (M&E) process and its role in developing sound policy. NEDA…