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Categories Economy

Marcos says red tape tops foreign investor concerns

January 24, 2023

PRESIDENT Ferdinand R. Marcos, Jr. cited red tape and power costs as the top issues raised by foreign investors. Responding to a question

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Categories Economy

Visitor arrivals expected to approach pre-pandemic levels in 2023

January 24, 2023

THE Philippine Travel Agencies Association (PTAA) is expecting international visitor arrivals in 2023 to approach pre-pandemic levels if no further global disruptions

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Categories Economy

US touts possible role in PHL nuclear transition

January 24, 2023

US AMBASSADOR Mary Kay L. Carlson said Washington is moving forward with talks that would unlock US assistance for the Philippines’ transition

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Categories Economy

Net metering proposed to address rising power prices

January 24, 2023

THE Energy Regulatory Commission (ERC) said on Tuesday that the aggressive implementation of a net metering program will help insulate customers from

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Categories Economy

Feed millers bat for corn industry modernization

January 24, 2023

THE Philippine Association of Feed Millers, Inc. (PAFMI) said the government needs to modernize the corn industry in light of increasing demand

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Categories Economy

Agencies’ budget utilization rate rises to 98% in 2022

January 24, 2023

THE cash utilization rate posted by government agencies hit 98% at the end of December, the Department of Budget and Management (DBM)

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Categories Economy

Births, deaths decline in nine months to September 

January 24, 2023

REGISTERED births and deaths declined 20.6% and 38.6% year on year respectively in the nine months to September, the Philippine Statistics Authority

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Categories Economy

FPI says gov’t agrees to investigate claims palm olein being used in fuel blend

January 24, 2023

THE Federation of Philippine Industries (FPI) said the government has agreed to a request by the federation to look into allegations that

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Categories Economy

Senate minority says Maharlika must benefit public, not investors

January 23, 2023

SENATE Minority Leader Aquilino Martin D. Pimentel III expressed doubts on Monday about private investment in the proposed sovereign wealth fund, saying

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Categories Economy

Cold storage industry warns capacity inadequate for mitigating onion crisis

January 23, 2023

THE cold storage industry said its capacity is inadequate if the government intends to counter the onion shortage by building up inventories. In

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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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