Keyword: "Ferdinand Marcos Jr"

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The skyline of a city in the Philippines (Illustrative photo: Philstar.com)

Philippines imposes 12% VAT on digital services by tech giants

The Philippines will impose a 12% value-added tax on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that aims to level the playing field with domestic players, the country’s Bureau of Internal Revenue (BIR) announced on October 2.

Philippine President prioritises increasing food production

Philippine President prioritises increasing food production

Philippine President Ferdinand Marcos Jr has said in order to help control consumer prices, the Government aims to increase domestic food production and promptly enhance the supply through imports. This means priority will be given to the development of the agriculture sector, which has long been neglected.