THE COUNTRY’S growth prospects remain strong amid healthy demand and supply conditions, monetary authorities noted in their first policy meeting for the year last month.
Mar 122015
BusinessWorld Online: Economy
Mar 122015
OVER 50 renewable energy (RE) contracts will be canceled by the Department of Energy (DoE) within this semester, an official said last week, after making insufficient progress in moving their projects forward.
Mar 102015
THE GOVERNMENT will decide by year’s end on the toll hike applications of some major expressway operators, who are seeking to increase charges by as much as 25%, a Toll Regulatory Board (TRB) official said on Monday.
Mar 102015
THE PHILIPPINE government and the Asian Development Bank (ADB) have signed a $300-million loan agreement to support the country’s implementation of the K to 12 program in its basic education curriculum, according to a document posted on the ADB Web site.
Mar 102015
THE REDUCTION of income tax rates for both individual and corporate taxpayers will not be achieved within the term of President Benigno S. C. Aquino III, Senator Juan Edgardo M. Angara said on Tuesday, citing pleas from some agencies to go slow on tax cuts.
Mar 052015
A HYDROELECTRIC complex in Laguna is expected to supply more power than expected for peak hours during the dry months, a senator told reporters yesterday, though the additional capacity still cannot guarantee against rotating outages for Luzon.
Mar 052015
COCONUT OIL exports by the Philippines are expected to remain weak in 2015 due to the lingering impact of typhoons and a pest attack, while a slow pace of replanting means supply will take at least five years to recover.
Mar 052015
THE NATIONAL government’s debt slightly rose at the start of 2015 as domestic obligations increased even as external liabilities declined, the Bureau of the Treasury yesterday said.
Mar 042015
THE GOVERNMENT should focus on better enforcement of the current Philippine mining law instead of changing the mining revenue regime if it wants to further maximize the benefits from natural resources, an official of the Australian-New Zealand Chamber of Commerce (ANZCham) said.
Mar 042015
DAVAO CITY — The tourism industry will meet here on March 23 to discuss preparations for the full implementation of common accreditation standards for tourism professionals that will be adopted by the Association of Southeast Asian Nations (ASEAN).