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Categories Economy

NEDA ordered to conduct study on delayed devolution timeline

March 21, 2023

PRESIDENT Ferdinand R. Marcos, Jr. has tasked the Commission on Devolution with studying a delayed timeline for transferring National Government (NG) functions

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Categories Economy

House gives 3rd reading approval to REIT, crop insurance bills

March 21, 2023

THE House of Representatives approved on third and final reading a bill requiring real estate investment trusts (REITs) to reinvest the proceeds

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Categories Economy

DoE has authority to accelerate charging station rollout — senator

March 21, 2023

THE Department of Energy (DoE) is empowered to accelerate the charging-station rollout beyond the legal minimum in order to hasten electric vehicle

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Categories Economy

German solar, energy-efficiency firms seeking out PHL opportunities

March 21, 2023

GERMAN SOLAR and energy-efficiency companies are seeking out opportunities in the Philippines, according to the German-Philippine Chamber of Commerce and Industry (GPCCI). The

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Categories Economy

Aquaculture industry bats for longer-term fishpond leases

March 21, 2023

THE aquaculture industry said it needs longer leases to earn an adequate return for developing fishponds out of mangrove areas. “One of the

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Categories Economy

Domestic trade in fourth quarter down 8.3%

March 21, 2023

THE domestic trade in goods fell 8.3% year on year by value in the fourth quarter, the Philippine Statistics Authority (PSA) reported

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Categories Economy

BIR warns against accountants falsely certifying financial statements, use of fake receipts

March 21, 2023

THE Bureau of Internal Revenue (BIR) said it will go after accountants that certify false financial statements as well as taxpayers using

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Categories Economy

Cold storage raids in Navotas yield P120M in allegedly smuggled food

March 21, 2023

THE Department of Agriculture (DA) said on Tuesday that it has confiscated meat, poultry and fishery products worth P120 million on suspicion

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Categories Economy

GDP downside risk warning issued if PHL joins CPTPP trade deal

March 21, 2023

PHILIPPINE participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) may result in a decline in gross domestic product (GDP),

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Categories Economy

House panel asks cold storage officials to explain no-show at onion probe  

March 21, 2023

THE House agriculture and food committee has issued a show-cause order to executives of cold storage companies, asking them to explain why

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Marcos calls for flexibility in devolving functions to LGUs

PRESIDENT Ferdinand R. Marcos, Jr. called on Wednesday for a review of a 2021 executive order (EO)...

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Geothermal, hydro, wind sites on offer in 4th auction round

THE Department of Energy (DoE) said it has selected 19 sites to be offered this year for the fourth...

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Oil spill clouds prospects of resorts, marine parks along Verde Island Passage

By Brontë H. Lacsamana, Reporter RESORTS and marine parks along the Verde Island Passage, an area...

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UPS projects PHL trade with Asia tripling to $393B by 2030

PHILIPPINE TRADE with the rest of Asia is expected to triple by 2030 to $393 billion, logistics...

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ERC asked to review VAT treatment of system losses

A LEGISLATOR representing power cooperatives asked the Energy Regulatory Commission (ERC) on...

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House resolves to extend travel tax exemption for EAGA-bound travelers

THE House of Representatives passed a resolution to renew a travel tax exemption for passengers...

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