DTI

Creative industry leaders in the Philippines are suggesting the use of technology in animation and virtual production as a means of shooting movies and producing content in the “new normal”.

“Pasinaya” is the DTI’s first digital trade fair that will serve as a platform where buyers can connect digitally with MSMEs via Zoom.

The Department of Trade and Industry the number of registered online businesses surged from more than 1,600 online businesses that registered for the whole of 2019.

The DTI chief said online barter – as well as other online transactions -- is subject to tax if it has become part of a regular commerce or business.

The DTI said 10,323 online complaints were received by the agency in January to June of this year.

The electronics sector, which accounts for over half of the country’s total merchandise exports, experienced a steep 18.8% decline in export value from January to May this year.

The Global Startup Ecosystem Report 2020 puts the value of Manila’s startup ecosystem at $1.6 billion, with a total early stage funding of $102 million over the last two and a half years.

Valenzuela representative Wes Gatchalian, author of House Bill No. 6122 or the proposed Internet Transactions Act, issued the clarification in the wake of a backlash to the BIR’s order for online sellers to register and pay tax dues.

With consumers now turning to online selling due the Covid-19 pandemic, the Department of Trade and Industry (DTI) said it will aggressively implement policies...

Given the increasing role of Internet in communications especially during the Covid-19 pandemic, a member of the House of Representatives is pushing the government and local telcos to bring a minimum of “4G, 30Mbps” mobile speed in the provinces.