The Philippines is pushing for a more inclusive digital economy across Southeast Asia, arguing that the region's digital transformation will fall short unless it creates tangible opportunities for the millions of micro, small and medium enterprises (MSMEs) that form the backbone of ASEAN economies.
President Ferdinand Marcos Jr.'s proposal to amend the Electric Power Industry Reform Act (EPIRA) and remove system loss charges from electricity bills is a political winner. After all, who wants to pay for power that never reaches the socket?
Air travelers will pay more for flights from August 1 to 15 after the Civil Aeronautics Board (CAB) raised the allowed passenger and cargo fuel surcharges to Level 13, up from Level 8 that was in place from July 16 to 31.
Most banks, e-wallet providers, and electronic money issuers (EMIs) have successfully aligned their operations with the Bangko Sentral ng Pilipinas (BSP) Circular No. 1238.