MANILA, Philippines — The Philippines has strengthened its reach for cross-border privacy cooperation following the National Privacy Commission (NPC)’s confirmation as a Privacy Enforcement Authority (PEA) for the country. The country has joined the APEC Cross Border Privacy Enforcement Arrangement (CPEA), with NPC becoming the 11th PEA along with those from eight other APEC economies, […]
Read MoreMANILA, Philippines — The proposed hike in coal excise tax is threatening the country’s accelerated manufacturing growth target of over 10 percent next year, Trade Secretary Ramon Lopez warns. Lopez said achieving the target would be “challenging” should the proposed coal tax under the Senate-approved version of the Tax Reform for Acceleration and Inclusion Act […]
Read MoreMANILA, Philippines — The slower pace of price hikes in food brought down inflation to 3.3 percent in November, halting a four-month uptrend that led to a three-year-high 3.5 percent in October. The Philippine Statistics Authority reported yesterday that the slower growth in the consumer price index last month was mainly attributed to lower food […]
Read MoreSINGAPORE — As one of the oldest industries in the world, insurance is also one of the most traditional, especially with the advent of agents selling bonds, claims, premiums and quotes, among other products. But a 100-year-old, global insurance company believes that insurance must change with the modern times. Even it must go digital. And […]
Read MoreMANILA, Philippines — The Philippines is eyeing to get out of its trade slump in five year’s time as it moves to attract more manufacturers to set up shop and significantly jack up domestic production, enabling the country to ship out more products. Trade Secretary Ramon Lopez said the government plans to significantly trim the […]
Read MoreMANILA, Philippines — The government formally launched yesterday an electronic database intended to help streamline the registration and renewal process for business permits. The Philippine Business Data Bank (PBDB) system, a project of the Department of Finance (DOF), Department of Information and Communications Technology (DICT) and the Department of Interior and Local Government (DILG), was […]
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