Editor’s Pick

PHILIPPINE businesses that embrace innovation will be in position to boost trade and attract more investment as technology ramps up global competition, the Philippine Chamber of Commerce and Industry (PCCI)…

THE Philippine Ports Authority (PPA) said it issued bid invitations for a P485.91-million contract to build a breakwater for the Port of Nasugbu, Batangas. In an advisory on Tuesday, the…

APPROVED building permits fell 7.5% year on year in August to 13,436, the Philippine Statistics Authority (PSA) reported. In August, approved building projects amounted to 3.23 million square meters of…

GOVERNMENT agencies posted a budget utilization rate of 99% as of the end of September, the Department of Budget and Management (DBM) reported. The DBM said the National Government, local…

THE Bureau of Internal Revenue (BIR) said the lack of supporting documents beyond a certain threshold on sales and purchases involved in a value-added tax (VAT) refund application will automatically…

SENATOR Cynthia A. Villar said P7 billion needs to be added to the Department of Agriculture’s (DA) proposed budget next year in order to fund the Rice Competitiveness Enhancement Fund…

THE Bureau of Internal Revenue (BIR) said distribution utilities (DUs) and electric cooperatives (ECs) cannot claim input value-added tax (VAT) from generation and transmission charges, ruling these to be pass-through…

THE Intellectual Property Office of the Philippines (IPOPHL) said it is planning to release guidelines that will ensure copyright protections in the application of artificial intelligence (AI) in creative works.…

THE Board of Investments (BoI) said that it had approved P15.23 billion worth of projects in Mindanao as of September, indicating the need to invite companies in the region to…

THE Department of Finance (DoF) said it declared its support for approving before next year the New Collective Quantified Goal on Climate Finance (NCQG), to increase the access to financing…