THE ENERGY Regulatory Commission (ERC) has revived and is reviewing a feed-in-tariff rate for electricity generated from ocean technology, which was deferred because of the lack of sufficient data to support the formulation of a rate.
Jun 082016
BusinessWorld Online: Economy
Jun 082016
Based on a 2010 census, about 1,443,000 or 1.57% of the total population in the Philippines are disabled. Republic Act No. 7277, or the Magna Carta for Disabled Persons, defined persons with disability or PWDs as “those suffering from restriction of different abilities, as a result of a mental, physical or sensory impairment, to perform an activity in the manner or within the range considered normal for a human being.” In an effort to achieve social equalization, the government is constantly pursuing measures to improve the quality of life of every Filipino in different sectors, particularly the PWDs.
Jun 072016
DAVAO CITY — The development of the P40.57-billion Davao International Airport (DIA) in the city is underway, according to Regional Development Council (RDC)-Davao Region Chair Rodolfo del Rosario.
Jun 072016
TWO RESEARCH reports from global market analyst IDC Manufacturing Insights see robotics and the Internet of Things (IoT) as future facets of the ASEAN manufacturing industry, making production more cost effective and steering the region away from the challenges of rising labor costs.
Jun 072016
IN A BID to curb the country’s economic losses from illegal, unreported, and unregulated fishing (IUUF), the government will draw up a list of fishing vessels and locals engaged in illegal activities.
Jun 062016
THE GOVERNMENT declared two of the country’s top diving spots, Puerto Galera in Oriental Mindoro and Coron in Palawan, as water quality management areas (WQMAs), in order to protect them from the threat of heightened tourism activity.
Jun 062016
ADOPTING a federal form of government may help improve the development of agriculture, though funding for “non-performing” regions must be addressed, experts said.
Jun 062016
Two trillion pesos. This is the revenue collection target of the Bureau of Internal Revenue (BIR) for 2016 and much of this represents income tax collected via withholding tax. In 2014 alone, withholding taxes accounted for more or less 40% of total income tax collected by the government.Considering the significance of withholding tax to the government, each and every taxpayer engaged in trade or business in the Philippines is required to withhold on their income payments, unless specifically exempted.
Jun 052016
DEBT PAYMENTS rose by a fifth in March, from a year ago as the government paid off a bigger amount of interest and principal loans, preliminary Treasury data showed.
Jun 052016
THE Department of Energy (DoE) has issued a circular that sets the standard for coconut methyl ester (CME) in a move that is expected to ensure the effectiveness of the coco-biodiesel when used as fuel either in its pure state or as a blend.