Economy

26 February 2021

  • PIDS: Tax gaps in PHL digital economy may require infrastructure expansion to resolve
    Addressing taxation gaps in the digital economy may require the government to boost its digital infrastructure expansion nationwide, according to the Philippine Institute for Development Studies (PIDS). In a discussion paper, PIDS Research Fellow Janet S. Cuenca said gaps remain in taxing firms operating in digital platforms in part because of the lack or absence […]
  • DA harnesses innovative tech to boost ‘dalag,’ ‘hito’ production
    The Department of Agriculture (DA) has bared the implementation of “innovative technologies” to boost the domestic production of mudfish (dalag) and catfish (hito), through the use of induced spawning techniques and nursery rearing protocols to expand the country’s fish supply. In a recent news statement, the DA said its National Fisheries Research and Development Institute […]
  • Pope appoints Tagle as member of Vatican central bank–CBCP
    CARDINAL Luis Antonio Tagle, prefect of the Congregation for the Evangelization of Peoples, has been given a new position by Pope Francis: this time, to help in managing the finances of the Vatican. In a report in CBCP News, Tagle was appointed member of the Administration of the Patrimony of the Apostolic See (Apsa) last […]
  • ‘Better to err on side of caution’: Solon backs pandemic curbs
    The government should ensure that the Covid-19 cases in the country stabilize to manageable levels before it begins to ease quarantine restrictions nationwide, the Deputy Speaker for Trade and Industry said on Tuesday. Deputy Speaker Wes Gatchalian of Valenzuela said it is better to err on the side of caution in easing coronavirus quarantine restrictions […]
  • Consumer group nixes reported plan to import cement from Pakistan amid ‘buy local’ drive
    A consumer group has opposed a reported government plan to import cement from Pakistan for the Duterte administration’s infrastructure buildup projects, saying such move is detrimental to the local cement industry, to the country’s economy and to Filipino workers. “The intention to import $14 million worth of cement from Pakistan clearly shows the government’s misplaced […]

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