The value of the country’s digital economy is expected to grow with the signing of the Digital Economy Framework Agreement (DEFA), which would mark the world’s first region-wide digital economy pact, according to the Department of Trade and Industry (DTI). Once signed, Trade Secretary Cristina...
Economic officials of the Association of Southeast Asian Nations (ASEAN) have concluded negotiations for the bloc’s first region-wide digital economy agreement, marking what regional leaders described as a major milestone toward a more integrated and competitive digital economy. In a statement...
(Pexels) Navotas City lone district Rep. Toby Tiangco says the continued rise of digital economies in the country is a direct outcome of the Marcos administration’s strategic reforms on expanding the Information and Communication Technology (ICT)...
Go Negosyo founder Joey Concepcion believes that the Philippines’ fast-rising digital economy offers significant opportunities for micro, small, and medium-sized enterprises (MSMEs). Concepcion highlighted how digital technology has leveled the playing field for MSMEs, providing them with access...
Senator Cynthia Villar highlighted the importance of women embracing technological advancements to pave the way for the continued progress of the Philippine economy. Sen. Cynthia A. Villar emphasizes women's role in the digital age at the 18th Annual General Assembly of the Philippine Federation of...
The growth of the country's digital economy slowed down last year despite surpassing the P2 trillion mark, the Philippine Statistics Authority (PSA) reported. The gross value added of the digital economy amounted to P2.05 trillion from January to December 2023, a 7.7 percent increase compared to...
A study by the National Economic and Development Authority (NEDA) has raised the need for a comprehensive telecommunications sector overhaul to address the negative effects of costly and slow Internet connectivity on the country's digital economy. In a policy note, the NEDA revealed that the...
FROM THE MARGINS Some good news! Our employment and unemployment rates have returned to pre-pandemic levels based on recent PSA data. The country’s employment rate reached 95.5 percent in October with 47.11 million employed Filipinos, a significant jump from the 43.82 million employed in October...
Vice President Sara Duterte on Wednesday, Dec. 7, recognized the need for the government to provide an “enabling environment” where digital economy will thrive to open opportunities for Filipinos to participate in the digital economy. Vice President Sara Duterte (Photo from Chinese Embassy in...
BANGKOK, Thailand—Recognizing that small businesses continue to struggle from the brunt of the pandemic, President Ferdinand "Bongbong" Marcos Jr. brought to a bigger venue his call to assist the sector to recover in the post-pandemic and digital era. President Ferdinand 'Bongbong' Marcos Jr...
TECH4GOOD Monchito Ibrahim The famous French writer and philosopher, Voltaire, once said “If you want good laws, burn those you have and make new ones.” Last July 21, I participated in the virtual Senate consultative hearing organized by the office of Senator Sonny Angara. Attended by around...
House Ways and Means chair Rep. Joey Salceda has refiled the Digital Economy Value Added Tax (VAT) Law in the 19th Congress. (Cong. Joey Salceda’s office / FILE PHOTO / MANILA BULLETIN) Salceda filed House Bill (HB) 372 as a means to “close ambiguities” pertaining to Value Added Tax (VAT) and...
