Gov’t debt repayments doubled in H1

View in browser   |   Shop Inquirer August 29, 2023 Exporters balk at proposed hike in road users' tax, number coding scheme  The Philippine Exporters Federation (Philexport) has urged the Marcos administration to take a second look at plans to increase taxes on road users and focus on taxing luxury goods instead. Philexport president Sergio Ortiz-Luis Jr. told this to reporters last week when asked if they see higher road users' tax impacting logistics costs.  By Alden M. Monzon Gov't debt repayments doubled in H1 amid 'tight fiscal space'  The national government's repayment of liabilities doubled in the first semester to P907 billion this year from P458 billion last year as the Marcos administration strives to arrest the rise of the debt stocks' ratio with the Philippine gross domestic product (GDP) further beyond the prudent ceiling of 60 percent. By Ronnel W. Domingo 69% of PH firms tech up for remote work —study  Local companies are fortifying their cyberdefenses to support remote working, which has become a preference for many employees since the onset of the pandemic that barred mobility, according to an enterprise cloud provider. Trend Micro Philippines country manager Ian Felipe said that organizations "showed improvement in their cyber preparedness levels" as "robust cybersecurity enables Filipino employees to work from anywhere securely and efficiently."  By Tyrone Jasper C. Piad Like this email? Forward it to your friends and let them know that they can sign up here. BIZ BUZZ UP in Villar City​​  "Brown taipan" Manny Villar Jr. is in talks with the University of the Philippines (UP) to set up a satellite campus in his 3,500-hectare Villar City, the biggest mixed-use estate in the country. Indeed, how can he move the "center of gravity" of the metropolis to the south? By Doris Dumlao-Abadilla INQUIRER PLUS-EXCLUSIVE As e-wallet war heats up, insurance digitalization rising too The scramble to corner a greater share of the e-wallet market is intensifying as banks and financial technology firms expand their offerings of insurance products through digital platforms, according to a global survey that included the Philippines. By Ronnel W. Domingo Try Inquirer Plus. Inquirer Plus is the digital version of the Philippine Daily Inquirer. Register for a 30-day trial for free to get access to Inquirer's fearless reporting, app-exclusive stories, and archives. REGISTER NOW Hi . Have feedback? We're happy to hear it. Give Suggestions newsletter@inquirer.com.ph © 2023 PHILIPPINE DAILY INQUIRER, Barangay Tejeros, Makati City, Philippines You are receiving this email because you are subscribed to Inquirer Newsletters. Unsubscribe anytime