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DTI begins full enforcement of e-commerce law, liability rules

Manila, June 23 -- The Department of Trade and Industry (DTI) said the Internet Transactions Act of 2023 (ITA) is now in full effect following the end of its transitory period on June 20, making stric... Read More


Stocks down, peso depreciates amid Middle East tension

Manila, June 23 -- Local shares fell on Monday amid the continued tensions between Israel and Iran, while the peso also weakened. The Philippine Stock Exchange index (PSEi) fell 1.92 percent to 6,218... Read More


Oil firms to hike fuel prices on June 24, 26

Manila, June 23 -- Oil firms on Monday announced staggered price hikes on fuel products this week. In separate advisories, Seaoil, Shell, and Caltex said they will implement the first round of price ... Read More


Estate tax amnesty deadline moved to June 16, says BIR

Manila, June 12 -- The Bureau of Internal Revenue (BIR) issued a tax advisory extending the period to avail the estate tax amnesty law to June 16 from June 14. "This is to remind all concerned taxpay... Read More


PAGCOR donates P16-M worth of patient transport vehicles to 8 LGUs

Manila, June 12 -- The Philippine Amusement and Gaming Corporation (PAGCOR) has turned over patient transport vehicles (PTVs) worth PHP16.20 million to eight local government units (LGUs) in Luzon. I... Read More


PEZA inks pact with LIMA Infrastructure for enhanced investor service

Manila, June 10 -- The Philippine Economic Zone Authority (PEZA) signed an agreement with LIMA Infrastructure Inc. as its latest Investment Promotion Partner (IPP). In a statement Tuesday, PEZA said ... Read More


DOE releases Green Energy-3 notice of award

Manila, June 10 -- The Department of Energy (DOE) on Tuesday relased the notices of awards for the Green Energy Auction 3 (GEA-3). In a statement, DOE said that among the awarded technologies, impoun... Read More


FDI net inflows reach $498-M in March

Manila, June 10 -- Net inflows of foreign direct investments (FDIs) reached USD498 million in March this year, the Bangko Sentral ng Pilipinas (BSP) said. Data released on Tuesday showed that the rec... Read More


DOE, JICA partner for technical cooperation project on clean energy

Manila, June 10 -- The Department of Energy (DOE) and the Japan International Cooperation (JICA) partnered to advance the Philippines' clean energy goals through a three-year technical cooperation pro... Read More


DOF: EDSA rehab postponement sign of PBBM's responsive leadership

Manila, June 2 -- Finance Secretary Ralph Recto on Monday expressed support to President Ferdinand R. Marcos Jr.'s decision to put on hold the Epifanio de los Santos Avenue (EDSA) rehabilitation proje... Read More