The Department of Trade and Industry (DTI) said it is aiming to launch a digital platform by mid-next year to help exporters determine if their products meet the rules of origin (ROO) requirements under various free trade agreements (FTAs) and the generalized system of preferences (GSP).
Sustancia, an AI-powered app that fosters balanced eating habits and provides city-wide nutrition insights, won the grand prize in a hackathon held recently at the Google Philippines office in Bonifacio Global City, Taguig City.
The project will construct a public broadband infrastructure network to enhance broadband connectivity and bring high-speed Internet connections to disadvantaged areas.
The National Economic and Development Authority (NEDA) said the Philippines remains the leading country globally in terms of having the most technology exports as a percentage of total trade particularly in computers, scientific instruments, and electrical machinery.
NEDA secretary Arsenio Balisacan the bill is significant and is crucial to the Philippine Development Plan (PDP) 2023-2028, as it will usher advancements across various sectors, including ICT, education, health, and agriculture.
The Bureau of Internal Revenue (BIR) has imposed a withholding tax on online sellers but postponed the collection of a similar tax from digital financial service providers.
However, a top official of the Center for AI Research (CAIR) said SMEs face obstacles to AI adoption, including data scarcity, culture, no clear business case, cost, capability, and understanding.
