Wednesday, October 30, 2024
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Business Today

Philippines To Gain Over PHP2 Trillion Annually From AI-Powered Solutions

Secretary Balisacan of NEDA highlights that the Philippines could see a PHP2 trillion annual boost from AI solutions if internet infrastructure is improved.

DTI Wants AI Research Center To Be Revenue-Generating

Secretary Alfredo Pascual of DTI announced that the newly launched CAIR will focus on revenue-generating AI research and development.

Local Pharma Makers Eye Higher Share In Government Procurement

By 2030, the Philippine Pharmaceutical Manufacturers Association plans to increase local manufacturers' share in government procurement from less than 5 percent to 50 percent.

DTI Vows To Continue Aid For MSME Resiliency Amid Wage Hike

DTI Secretary Alfredo Pascual pledges continued support for businesses amidst Metro Manila's minimum wage adjustments.

DBM Oks PHP110 Million Funding For Malikhaing Pinoy Program

The DTI's request for PHP110 million to boost the creative industry has been granted by the DBM.

BIR Allows Use Of Remaining Official Receipts Until Fully Consumed

Official receipts can now be used until fully consumed, following orders from Commissioner Romeo Lumagui Jr. to the BIR.

PCCI Urges Government To Look At Power Subsidy As Key To Lure Investors

The government should consider Philippine Chamber of Commerce and Industry's power subsidy proposal to enhance investment appeal.

Tourism Posts Highest Growth In 2023, Contributes 8.6% To Philippine Economy

PSA reports that tourism's share of the economy surpassed 8% last year. Here's to more travel and economic prosperity!

Government Agencies Meet To Discuss Digitalized Border Protection System

The government focuses on strengthening the nation's digitalized border protection system to curb smuggling, misdeclaration, and undervaluation effectively.

Economic Czar Wants Right-Of-Way Law To Fast-Track Infra Projects

Secretary Frederick Go advocates for swift action on critical infrastructure projects through a dedicated right-of-way law.