PRESIDENT RODRIGO R. Duterte has approved the transfer of the National Irrigation Administration (NIA) back to the Department of Agriculture’s (DA) purview, according to his Agriculture chief.
Sep 012016
BusinessWorld Online: Economy
Sep 012016
DAVAO CITY — Davao International Container Terminal, Inc. (DICT) will inaugurate today its P5-billion expansion project at its cargo port in Panabo City, which now has a capacity of up to 600,000 TEUs (twenty-foot equivalent units) per year.
Aug 302016
PUNTERS WHO get lucky in their casino bets could soon see their gambling winnings eroded by a new tax.
Aug 302016
THE DEPARTMENT of Energy (DoE) is forming a team that will look into the viability of nuclear energy for the Philippines, focusing on a plan to revive the mothballed Bataan nuclear power plant at a cost of around $1 billion, its top official said on Tuesday.
Aug 302016
THE COUNTRY’S debt burden eased further during the first semester, allowing the Duterte government to remain on track for a year-end goal of a debt-to-gross domestic product (GDP) ratio of 42.66%.
Aug 292016
HEADS of the country’s largest power producers and industry officials have kept an open mind about the prospect of nuclear energy for the Philippines, although some expressed reservations about its viability in the short term on lingering doubts about its safety and acceptability.
Aug 292016
A KEY economic manager of the Duterte administration has made the case for the removal of tax exemptions for senior citizens, particularly the value-added tax (VAT), as the Finance department readies a final draft of a tax reform package for submission to Congress next month.
Aug 292016
Our era is characterized by ever-changing technological advancement. Technology has touched our human existence including the way we educate ourselves, the way we deal and communicate, and the way we travel from one place to another. It has affected our interactions with one another such as shopping and socializing. From a business perspective, technology continues to play a vital role on how entities conduct their operation and maintain their competitive advantage.
Aug 282016
THE DUTERTE GOVERNMENT is eyeing to reduce unemployment to as low as 4% by 2022, Socioeconomic Planning Chief Ernesto M. Pernia said, while noting that greater focus will be given to bringing down cases of job mismatch by ensuring better quality jobs.
Aug 282016
A FREE TRADE agreement with the United Kingdom (UK) would be a “welcome development” for the Philippines as UK’s planned divorce from the European Union (EU) might make it “more generous” to future trade partners, the president of the Philippine Exporters Confederation, Inc. (Philexport) said.