Department of Trade and Industry (DTI) secretary Fred Pascual signed on Friday, July 20, an order suspending the online sale of vapor products on marketplaces, effective immediately.
The National Economic and Development Authority (NEDA) has committed to working with the Department of Trade and Industry (DTI) in implementing the National AI Strategy Roadmap 2.0 to strengthen the government's capacity for sustainable digital transformation.
The updated AI roadmap incorporates recent technological advancements, including Generative AI. The launch also marks the establishment of the first AI hub in the Philippines.
Among the confiscated brands were 2,428 units of RELX worth P534,190, and 158 units of Waka by RELX worth P35,440. In March 2024, the DTI suspended the sale and distribution of the vape brand Flava due to repeated violations of RA 11900.
The IRR outlines the essential procedures and guidelines for effective interagency collaboration, while also clearly defining the obligations and liabilities for digital platforms, e-marketplaces, e-retailers, online merchants, and online consumers.
Philippine merchandise exports surged by 15.7% in February 2024, recording $ 5.9 billion compared to $ 5.1 billion over a year earlier, based on preliminary data from the Philippine Statistics Authority (PSA).
The PricewaterhouseCoopers (PwC) Global Acceleration Center in the Philippines will focus on high-value BPO in consulting spaces, including artificial intelligence (AI), cloud computing, and cybersecurity.
The program will culminate in a demo day in April, providing an opportunity for the startups to showcase their progress and attract potential partners and investors.
The Philippine delegation also met representatives from Czech tech giant ERA to explore the company's interest in expanding its presence in the Philippines.
