High temperatures raise demand for electricity, cause higher rates
ELECTRICITY consumers may expect higher power rates starting next month as the country’s consumption increases due to higher temperatures.
The higher demand for electric supply...
PH partners with Korea for local manufacturing of farm equipment
The Philippines has partnered with the Korean government to improve the local manufacturing of farm equipment, the Philippine Center for Postharvest Development and Mechanization...
IT-BPM sector urged to continue developing Filipino talents
DEPARTMENT of Trade and Industry (DTI) secretary Alfredo Pascual has called on the information technology and business process management (IT-BPM) sector to continue investing...
PBBM declares new ecozones in Bacolod, Batangas
PRESIDENT Ferdinand R. Marcos Jr. declared two new economic zones located in Bacolod City and Batangas province, which are expected to bring in a...
PH internet speeds improve in March
THE country’s internet speeds saw improvements in March as both mobile and fixed broadband speeds accelerated during the period, according to the latest figures...
NEDA chief cites need for resilient agri sector
NATIONAL Economic and Development Authority (NEDA) secretary Arsenio Balisacan has reiterated the need to enhance the resilience of the domestic agriculture sector amid the...
Customs eyes full digitalization by 2026
THE Bureau of Customs (BOC) aimed to go full digital by 2026, with "almost 94 percent" of its systems computerized so far.
The agency's modernization...
OFWs in Brunei seen to benefit from double tax avoidance pact – BIR
FILIPINOS who work in Brunei, along with Filipino businesses and companies located in the country, will enjoy the benefits of the Double Taxation Avoidance...
Economic managers hike 2023 inflation outlook
PRICES of consumer goods in the Philippines are expected to climb significantly higher than the government’s target range this year, given the persistence of...
Western Visayas continues to ship swine to Luzon
LOILO CITY – Provinces in Western Visayas that remain free from the African Swine Fever (ASF) continue to ship hogs to Luzon, including the...