CAGAYAN DE ORO CITY — A senator is set to file a bill that will require all local government units (LGUs), including highly-urbanized cities, to allocate a portion of their budget for agricultural development.
May 192015
BusinessWorld Online: Economy
May 192015
ABOITIZ POWER Corp. (AboitizPower) plans to pursue two solar power projects with a combined capacity of up to 100 megawatts (MW) this year, an official said last week.
May 182015
LUZON’S power situation is turning out to be more manageable than expected, with peak demand as yet failing to exceed the worst-case scenario of 9,000 megawatts (MW) projected last year, a Department of Energy (DoE) official said.
May 182015
ECONOMIC GROWTH of 7-8% this year and next should be attainable as prospects for stronger economic activity remain favorable, the head of the Bangko Sentral ng Pilipinas (BSP) said yesterday.
May 182015
The ability of the Philippines to compete in the world market rests on the ability of its business enterprises to produce quality goods and services in the most efficient and reliable way. Our government recognizes the importance of the work force in achieving this. Accordingly, Republic Act (RA) No. 6971, otherwise known as the “Productivity Incentives Act of 1990,” was made into law with the aim of encouraging higher levels of productivity, while promoting the principle of shared responsibility between workers and employers. This law sets the guidelines for implementing the Productivity Incentive Program (PIP) for the benefit of employees.
May 172015
THE MAY 2016 elections can accommodate a simultaneous plebiscite on the proposed Constitutional amendment to expand foreign ownership of certain types of assets, the Commission on Elections (Comelec) said.
May 172015
THE TRANSPORTATION department is revising the bidding terms for the P108.19-billion contract to develop, operate, and maintain five regional airports under the public-private partnership (PPP) scheme, as requested by prospective bidders.
May 172015
Television broadcasting, which has been a primary source of entertainment and public information in the Philippines for decades, is making the move to digital. The country’s migration from analog television to Digital Terrestrial Television (DTT) was made possible when the National Telecommunications Commission (NTC) finally released on Dec. 17, 2014 via Memorandum Circular No. 07-12-2014 the rules and regulations for DTT broadcast services.
May 142015
DEVELOPERS have delayed residential projects in the major business districts on concern over a possible glut, while the supply of new office space is expected to peak in the next three years, according to Colliers Philippines.
May 142015
ELECTRONIC submission of air cargo manifests will be deferred for a week as the Bureau of Customs (BoC) said it will first test the new rule to avoid hitches in its implementation, an official of the agency said.