The Bureau of Internal Revenue said Tuesday the electronic marketplaces operating in the country such as Shoppee and Lazada should start imposing withholding tax on sellers and merchants using their online platform.
Agriculture Secretary Francisco P. Tiu Laurel, Jr. urged the Philippine Crop Insurance Corp. (PCIC) to modernize its operations and develop more affordable insurance products and services to better serve farmers, fisherfolk and livestock raisers.
Del Monte Pacific Ltd. expressed confidence it could timely and effectively manage its financial obligations after the Singapore Exchange Securities Trading Ltd., or SGX, raised concerns about its current liabilities exceeding the amount of its current assets by USD417.3 million and other financial indicators.
Jollibee Foods Corp., the country’s largest restaurant chain, said it experienced during the weekend a cybersecurity incident resulting in a personal data breach affecting the company and several of its subsidiaries.
The Department of Agriculture has handed over a ₱65.6-million rice processing facility to the Talabutab Norte Primary Multipurpose Cooperative in General Mamerto Natividad, Nueva Ecija, under the RCEF Mechanization Program.
Quezon City job seekers now have easier access to industry-relevant skills training, after the city’s Public Employment Service Office (PESO) signed an agreement with global customer experience leader Foundever®. The deal launches the Quezon City Competency Enhancement and Retooling Program, aimed at bridging the gap between community skills and actual workplace needs.
The US has ruled out announcing the proposed Pax Silica Economic Security Zone during or after this month’s ASEAN Leaders’ Summit in Manila, leaving the initiative’s timeline uncertain as Washington and Manila continue discussions on its scope and potential impact.
The Aurora Pacific Economic Zone and Freeport Authority (APECO) has signed a cooperation agreement with the Alberta Council and is preparing a separate memorandum of understanding with a Canadian power generation company, as it seeks to convert investor interest into actual projects in Casiguran, Aurora.