Konektadong Pinoy IRR released in 30 days – DICT
The Department of Information and Communications Technology (DICT) plans to release in 30 days the implementing rules and regulations (IRR) of the Konektadong Pinoy Act, as it rushes to entice new providers to invest in the Philippines.
DEPDev vows to ensure ‘Konektadong Pinoy’ IRR true to goals
The Department of Economy, Planning, and Development (DEPDev) yesterday sought to manage expectations amid the lapsing into law Sunday of the Konektadong Pinoy (Open Access in Data Transmission) Act, a landmark measure designed to overhaul the country’s data transmission landscape.
Foreign debt payments rise slightly to $5.87 billion
The country’s external debt service burden inched up in the first five months as both principal and interest payments went up, data from the Bangko Sentral ng Pilipinas (BSP) showed.
Gov’t eyes raising P194 billion from privatization of big-ticket assets
The Department of Finance (DoF) is eyeing to raise P193.65 billion from the privatization of big-ticket government assets, including the Financial Center Area in Pasay City and Food Terminal, Inc. (FTI) property in Taguig City, by 2026.
Gov’t must regulate critical information infrastructure, AI as cyberthreats grow
The Philippine government must prioritize measures that would regulate the country’s critical information infrastructure and artificial intelligence (AI) use amid the growing sophistication of cyberattacks, industry experts said.
Geothermal de-risking plan expected within the year
The Department of Energy (DoE) said it hopes to submit its $250-million geothermal resource de-risking facility (GRDF) proposal to the Department of Economy, Planning, and Development Investment Coordination Committee (DepDev ICC) within the year.
DA to launch command center for food supply
A new command center to consolidate food supply data will be launched in November, the Department of Agriculture (DA) said yesterday, as the government moves to respond better to price swings and stabilize farmers’ incomes.
Marcos vows stronger consumer protection against online fraud
President Ferdinand Marcos Jr. on Tuesday vowed stronger protection for consumers against online fraud while calling for a more digitally skilled Filipino workforce.
DOTr eyes relocation of Mindanao airports
The Department of Transportation (DOTr) will study the relocation of three airports in Mindanao in a bid to expand their capacity in anticipation of higher demand.
Marcos calls skills ‘the new global currency’
President Ferdinand Marcos Jr. on Monday underscored the importance of equipping Filipinos with the right skills and knowledge to keep pace with the world’s fast-changing economy.
Heat stress to cost Asean 13 million jobs by 2030–ILO report
Rising heat stress caused by climate change could wipe out 3.7 percent of total working hours in the Association of Southeast Asian Nations (Asean) by 2030, the International Labour Organization (ILO) warned.
PHL sees niche in climate-resilient cacao
The Department of Agriculture (DA) said it is updating the cacao industry roadmap to focus on global branding and climate-resilient varieties to address the impact of climate change in the main supplier countries.