PHOTO BY JOYCE REYES-AGUILASMC INFRASTRUCTURE announced an increase in the speed limit on the NAIA Expressway (NAIAX) to 80kph from 60kph, which took effect last Jan. 15. “Similar speed limit adjustments will be implemented on straight sections of Skyway Stage 3 starting Jan. 20, 2025.

The lobby of the Philippine Stock Exchange in Taguig City, Sept. 30, 2020. — REUTERSPHILIPPINE SHARES may remain weak this week as market sentiment stays cautious, with US President-elect Donald J. Trump set to take office on Monday and amid the absence of fresh catalysts.On

BW FILE PHOTOTHE PESO may move sideways against the dollar this week as the market awaits US President-elect Donald J. Trump’s inauguration for potential policy pronouncements.The local unit closed at P58.64 per dollar on Friday, slipping by three centavos from its P58.61 finish on Thursday,

SOUVIK BANERJEE-UNSPLASHTHE Bureau of Internal Revenue (BIR) will allow non-resident digital service providers (DSPs) to appoint a local third-party representative to handle administrative matters for them with regard to the value-added tax (VAT) law.“In registering with the BIR, a nonresident DSP need not have a

REUTERSFINLAND’s ageing population has created gaps in its workforce that Filipinos can fill, particularly in technology and healthcare, members of a Finnish delegation said.“Finland, like most of the European countries, has this challenge that we are an ageing nation. We do not have enough kids

THE Trade department’s micro, small and medium enterprise development financing arm, Small Business Corp. (SB Corp.), has set a target of P460 million in net operating income this year after setting a record in 2024.On the sidelines of a briefing on Friday, SB Corp. President

A worker is seen inside the new Mega manufacturing plant in Sto. Tomas, Batangas, March 1, 2023. — PHILSTAR/KRIZ JOHN ROSALESREDUCING the most favored nation (MFN) tariff rate on tin-mill black plates (TMBPs) is expected to boost domestic production of tin plate and

THE Department of Energy (DoE) said it is projecting more than 16 gigawatts (GW) of new capacity from offshore wind power projects.The DoE said it is currently assisting 16 offshore wind proponents who committed to start construction by 2027 and to deliver the first kilowatt-hour

PHILIPINE STAR/ RYAN BALDEMOROCEANA Philippines warned of the potential depletion of fish stocks after a Supreme Court (SC) resolution allowing commercial fishing operations in municipal waters.“We are worried that this court decision will result in the depletion of our fish stocks with the unabated fishing

FREEPIKBy Beatriz Marie D. Cruz, ReporterTHE Philippines’ adoption of artificial intelligence (AI) this year are expected to be hampered by supply chain vulnerabilities and the digital skills gap, according to software firm Hitachi Vantara.“Supply chain issues are a significant challenge in adopting AI technologies, and

BUDGET SECRETARY AMENAH F. PANGANDAMAN — PHILIPPINE STAR/KRIZ JOHN ROSALESTHE Department of Budget and Management (DBM) said it will convene with government representatives and state-run firms in a series of budget forums later this month in preparation for drafting the 2026 budget proposal.In a circular

IN BRIEF: • The BIR’s Digitalization Program aims to modernize and enhance the efficiency, transparency, and effectiveness of tax administration and revenue collection processes.• The BIR envisions taxpayers as customers, adopting taxpayer-centric views in their services. Completed projects reflecting this approach include the Online Registration