The government is working on a plan called Overhaul Greenhills Project (OG Project) to eliminate stores selling counterfeit goods in the Greenhills Shopping Center and convert it into a high-end mall with legitimate sellers.
US undersecretary for economic growth, energy, and the environment Jose Fernandez said the Philippines, along with Vietnam, Panama, Puerto Rico, and Mexico will receive funding from the US government to make the ecosystem of their local semiconductor industry more conducive to US investors.
Intellectual Property Office of the Philippines (IPOPHL) director general Rowel Barba is targeting a 5 to 10 percent increase in Intellectual property (IP) filings this year.
Anti-Red Tape Authority (ARTA) director general Ernesto Perez said his office will roll out nationwide assistance for local government units (LGUs) to help them get onboard the electronic Business One-Stop Shop (eBOSS) system.
The Bureau of Internal Revenue (BIR) has announced that online merchants with earnings amounting to more than P500,000 annually are now subject to a 1-percent withholding tax.
The BCDA is eyeing an “Open Network Fiber” model that will allow telecommunication companies and data transmission providers to connect and service the future customers in the new metropolis, which will involve residences, offices, institutions and data centers.
LandBank clients can enjoy waived transfer fee for their first three online fund transfers in a day via the LandBank Mobile Banking App (MBA), and the bank’s online retail banking channel, the iAccess.
Under the Electric Vehicle Incentives Scheme (EVIS), the Philippines is eyeing e-PUVs and two-wheelers as its niche in Southeast Asia, in which the country could be a competitive exporter in the region.