The modified rate of import duty on national gypsum and anhydrite would support the housing and infrastructure projects in the Philippines. Photo shows the construction of a residential structure in Quezon City. PNA PHOTO BY OLIVER MARQUEZ

Palace OKs modification of gypsum, anhydrite’s import duty rates

MALACAÑANG has approved the modification of the rate of the import duty on national gypsum and anhydrite, which are considered as the main raw...

True measure of leadership; Globe logs new record-high mobile revenue market share, bests competition...

Globe has recorded its highest Mobile revenue market share (RMS) since Q3 2019, consistently holding revenue leadership with 54.9% by the end of Q3...
E-commerce market is expected to grow at a compound annual growth rate of 17% in the forecast period of 2022-2025, according to a digital transformation consultant. PHOTO COURTESY OF FREEPIK.COM

‘PH digital economy seen to grow to $35B by 2025’

THE country’s digital economy is expected to grow substantially in the next two years, digital transformation consultant Publicis Sapient said.“The Philippines’ digital economy is...
The Department of Tourism has so far trained 100,000 Filipino workers to ensure continued upliftment of quality tourism services for domestic and foreign tourists. PHOTO COURTESY OF PNA

DOT vows to back hospitality sector, boost human capital development

The Department of Tourism (DOT) will do its part to help hotels uplift the standards of the Philippine hospitality industry. In her message at the...
The Bangko Sentral ng Pilipinas says about 92 percent of consumers think that in the next 12 months, inflation will be above 4 percent. PHOTO COURTESY OF ABS-CBN NEWS

FDI net inflows decline in August

THE Philippines booked $789 million in foreign direct investment (FDI) net inflows in August this year – slightly lower than the $792 million booked...
The Bureau of Treasury. PHOTO COURTESY OF ABS-CBN NEWS

National gov’t debt payments up in September

THE national government's (NG) debt payments went up by 15 percent in September this year, data from the Bureau of the Treasury (BTr) showed. The...
The Department of Trade and Industry gets support from the Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. to hold off on noche buena price hikes this year. PHOTO COURTESY OF PHILIPPINE INFORMATION AGENCY

‘Noche buena price guide out soon

THE government’s price guide for noche buena products is expected to be issued this week, said Trade Undersecretary Maria Blanca Kim Bernardo-Lokin, amid pending...
The Bureau of Internal Revenue assures small online businesses that that withholding tax will not apply if the annual total gross remittance to an online merchant for the past taxable year has not exceeded P250,000. ECOMPAREMO.COM PHOTO

BIR: Online sellers to pay withholding tax by December

THE Bureau of Internal Revenue (BIR) aims to impose a withholding tax of one percent from online sellers by December or January of next...
Festive Walk Iloilo kicks off a ‘Colorful Christmas Splendour’, led by Iloilo City Mayor Jerry Treñas and his wife Rosalie Treñas. Joining him were Festive Walk Iloilo General Manager Karmela Jesena, Megaworld Lifestyle Malls Visayas Cluster General Manager Mikee Vivo, Township Head of Iloilo Business Park Jogie Viceo, Megaworld Iloilo Head of Sales and Marketing Jen Fong, Richmonde Hotel Iloilo General Manager Natalie Lim, and Courtyard by Marriott General Manager Joy Alonte. Also in attendance were AVP for Construction Management Division - Iloilo Daisy Villanueva; Iloilo City Councilor Hon. Miguel Treñas; Raisa Treñas; Regional Governor of Philippine Chamber of Commerce Industry Jobert Peñaflorida; and Philippine Chamber of Commerce Industry President Engr. Fulbert Woo.

Festive Walk Iloilo Welcomes Holiday Season With A ‘Colorful Christmas Splendour’

Festive Walk Iloilo, Megaworld Lifestyle Malls’ crown jewel of shopping and entertainment in the region, held its grand launch of "Colorful Christmas Splendour" on...

DOST releases 2023 NSTW app

THE Department of Science and Technology (DOST) officially released its very own mobile application for the 2023 National Science, Technology and Innovation Week (NSTW)...