ECCP: PHL to attract ‘billions’ after easing investment caps

THE European Chamber of Commerce of the Philippines (ECCP) is expecting the Philippines to attract “billions” worth of investments after various industries were cleared to receive up to 100% foreign ownership. ECCP President Lars Wittig said at a launch of event in Makati City on Thursday that the group is expecting “billions of dollars” worth of […]

Davao ICT industry targets doubling of BPM workforce

DAVAO’s information and communications technology (ICT) industry is planning to double the current business process management (BPM) workforce in the region to 150,000 by 2028. Xavier Eric B. Manalastas, president of the ICT-Davao, Inc. industry association, said this was the region’s commitment to the IT and Business Process Association of the Philippines, whose own target […]

BoC intercepts P9.5-M smuggled onions in Zamboanga  

CUSTOMS and law enforcement authorities seized P9.49 million worth of suspected smuggled red onions inside boats that arrived in Zamboanga City on two separate operations.    In a statement on Thursday, the Bureau of Customs (BoC) said the onions have no Sanitary and Phytosanitary Import Clearance from the Department of Agriculture’s Bureau of Plant Industry.     BoC […]

Bantayan growers raise egg prices

POULTRY owners in Bantayan Island have increased the prices of their eggs due to the increase in prices of feeds they purchased from Cebu City. Alan Pastoril, president of the Bantayan Island Layer and Hog Raiser Association Inc. (BILHRA), told SunStar Cebu Wednesday, Jan. 25, 2023, that this is the main reason they imposed another […]

Journalists still in danger of being killed, harassed under Marcos gov’t, says CPJ

By John Victor D. Ordoñez, Reporter FILIPINO journalists remained at risk of getting killed and harassed under the government of President Ferdinand R. Marcos, Jr., according to the New York-based Committee to Protect Journalists (CPJ). “All four of the murders in the Philippines were of radio journalists covering local politics, highlighting the dangers faced by […]

DICT eyes combining SIM card registration with national ID biometrics  

THE DEPARTMENT of Information and Communications Technology (DICT) on Wednesday said it will study the possibility of simultaneously capturing biometrics for the government’s national ID system while registering subscriber identity module (SIM) cards, especially in remote areas.    “We will be coordinating with the Philippine Statistics Authority on this,” DICT Undersecretary Anna Mae Y. Lamentillo said […]

PHL urged to upgrade cybersecurity infrastructure, policies

A SOUTH KOREA cybersecurity solutions company said the Philippines urgently needs to fast-track upgrades to its cybersecurity infrastructure and policies as it emerges from the pandemic. “There’s no doubt that digitalization in the Philippines is heading in the right direction,” NETAND Chief Executive Officer Hochul Shin said in a statement on Wednesday. “Now that the […]

Sovereign wealth fund bill could face lawsuit

By Beatriz Marie D. Cruz A PROPOSED sovereign wealth fund that Philippine President Ferdinand R. Marcos, Jr. pitched to world and business leaders in Davos, Switzerland this month risks getting voided by the courts for “sequestering” dividends from state companies, a congressman said on Tuesday. The so-called Maharlika Investment Fund bill, which the House of […]