Sen. Jinggoy Estrada proposed in his Senate Bill 1645 the inclusion of publication of laws in the online version of the Official Gazette and of newspapers of general circulation among the legal and recognized format and channel of publication of laws of the country.
BIR deputy commissioner Marissa Cabreros has stressed the need for taxation in the digital economy to level the playing field between traditional enterprises and digital businesses as the economy shifts from brick-and-mortar to virtual.
Because of the increase in complaints on online transactions, the Department of Trade and Industry said it is pushing to have a provision on e-commerce trust mark under the proposed Internet Transaction Act.
Over the next five years, Envirotech Vehicles (EVT) is investing $80 million into the country, and is expecting to generate 800 direct jobs toward the production of 4,000 electric vehicles per year.
The Department of Budget and Management (DBM) said it is allocating a total of P24.13 billion for ICT-related expenditures from the P5.268-trillion national budget for 2023.
The Anti-Red Tape Authority (ARTA) said the automatic approval mandated by the Ease of Doing Business Act did not apply to Lyka, given that entities under investigation are not covered by the reglementary period under the law.
Having seen no irregularities by external probe, PLDT said it is attributing the overrun solely on the huge expenses it incurred for big-ticket projects and costly 5G equipment.
Called Surf2Sawa (S2S), the prepaid fiber product is now available in over 400 cities and municipalities across the country. It provides fiber Internet without data cap at 25 Mbps speed, but limited to six devices per household.
The Bangko Sentral ng Pilipinas (BSP) has approved the guidelines that will facilitate the full transition of all quick response (QR) code-enabled payments services to the National QR Code Standard or “QR PH.”
