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Streamlining the Philippines’ tax regime by taxing digital services

It is undeniable that we are currently living in a dynamic landscape of the digital era......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

Taxing pixels: Taking a byte out of the digital pie

Despite the promise of convenience and growing popularity of electronic commerce (e-commerce), the widespread use of digital trade platforms has proven to be a challenging endeavor for the government especially in shaping regulatory policies......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Filing of complaints now easier with CARe System – DTI

The DTI introduced the DTI Consumer Complaints Assistance and Resolution System (CARe System) to the general public on 13 October 2023 held at the New World Hotel Manila......»»

Category: newsSource:  samarnewsRelated NewsMar 22nd, 2024

DTI, Google to Empower MSMEs and Jobseekers to be Digitally Ready

The Department of Trade and Industry (DTI) and Google Philippines announced their collaboration to help Micro, Small and Medium Enterprises (MSMEs) and jobseekers to be more digitally adept in a US Trade Mission meeting last March 11, 2024, held in Malacañang. DTI Secretary Fred Pascual expressed his appreciation of the partnership with Google and said […].....»»

Category: newsSource:  metrocebuRelated NewsMar 20th, 2024

DTI allows manufacturers to downsize certain goods to offset rising costs

MANILA, Philippines — The Department of Trade and Industry (DTI) announced on Wednesday that manufacturers of essential goods can maintain profitability amid rising production costs by reducing product sizes or weights, instead of increasing prices. Trade Assistant Secretary Amanda Marie Nograles explained during the televised Bangon Pilipinas briefing that the DTI permitted this adjustment for.....»»

Category: newsSource:  inquirerRelated NewsJan 18th, 2024

InstaPay, PESONet transactions hit P3.8 trillion in Q1

The value of online payments coursed through the automated clearing houses established by the Bangko Sentral ng Pilipinas (BSP) reached P3.81 trillion in the first three months of the year, as Filipinos continue to use digital channels for their financial transactions......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Hontiveros hopes for fair consideration of divorce bill in Senate

MANILA, Philippines — Sen. Risa Hontiveros expressed hope on Wednesday about the potential reintroduction of a divorce bill onto the Senate’s legislative agenda. In the House of Representatives, a bill on absolute divorce was brought for plenary consideration on Tuesday. The divorce bill in the Senate, however, remains pending for plenary discussion. “I had the.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

Bill pushing P100 daily wage hike gets Senate nod on 2nd reading

MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers.  Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Coin deposit machines log P577 million transactions

The value of transactions through the coin deposit machines deployed by the the Bangko Sentral ng Pilipinas is close to reaching the P600-million mark, as more and more Filipinos use the machines to deposit their idle coins......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

BSP to review 3 percent rate cap on credit card transactions

The Bangko Sentral ng Pilipinas will review this month whether to keep or hike the three percent interest rate cap on credit card transactions......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions

Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions.....»»

Category: newsSource:  sunstarRelated NewsFeb 10th, 2024

Murcia private cemetery warns public vs spurious transactions

Murcia private cemetery warns public vs spurious transactions.....»»

Category: newsSource:  sunstarRelated NewsJan 28th, 2024

More Pinoys do buy now, pay later transactions

Nearly 50 percent of respondents in the Philippines are likely to adopt buy now, pay later services for future transactions, according to a survey from consumer research and data analytics company Milieu Insight......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Retail most targeted sector for digital fraud in Philippines

The retail sector is the most targeted industry for fraudulent digital transactions in the Philippines last year, according to an analysis conducted by global information and insights company TransUnion......»»

Category: financeSource:  philstarRelated NewsMay 18th, 2024

Landbank eyes digital expansion

State-run Land Bank of the Philippines is targeting to reduce over-the-counter transactions as it moves to expand its digital services for customers......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

Nikon acquires Red Digital Cinema, enters professional video market

Nikon Acquires Red Digital Cinema to Enter Professional Digital Cinema Camera Market In a strategic move to expand into the professional digital cinema camera market,.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 8th, 2024

Minister attending Australian data, digital meeting

Minister for Digitising Government Judith Collins is in Sydney to attend the first Data and Digital Ministers' Meeting of 2024. "This is a great opportunity to connect with our Australian counterparts and identify how we can work together on digital transformation," Ms Collins says.  "Both our nations are looking into how advancements like AI and digital iden.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Consumer complaints rise in 2023 – DTI

Online transactions continued to dominate the complaints lodged by consumers at the Department of Trade and Industry last year......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

House divorce bill moves; no action from Senate

The ball is now in the Senate’s court to pass their own version of the divorce bill, opposition lawmakers said, as they themselves hoped for a speedy third reading for the bill before the 19th Congress ends its second regular session on May 24. Speaking to reporters, Gabriela Rep. Arlene Brosas and ACT Teachers Rep. France Castro.....»»

Category: newsSource:  inquirerRelated NewsMay 19th, 2024

Wilbert naloka sa P114,000 electric bill: ‘Huwag mo muna ako kausapin!’

TILA nanggigil ang talent manager na si Wilbert Tolentino sa taas ng babayaran niyang bill sa kuryente. Paano ba naman kasi, umabot ito ng mahigit P114,000! Sa Facebook, ibinandera ni Wilbert ang litrato ng bill statement mula sa electric company na Meralcso. Pabiro niyang caption, “Huwag mo muna ako kausapin. Baka sayo mapunta ang init.....»»

Category: newsSource:  inquirerRelated NewsMay 3rd, 2024