CUSTOMS Commissioner Alberto D. Lina defended on Friday his order granting international port status to the Manila North Harbour, citing his agency’s jurisdiction in implementing customs regulations.
Jun 242016
Jun 242016
SN POWER Philippines, Inc. has estimated the cost of the power generation component of a hydroelectric power complex it is developing in Alimit, Ifugao province with the Aboitiz group at $420 million, a company official said.
Jun 242016
DAVAO CITY — The regional office of the Agriculture department is providing quality seeds to farmers here in its bid to sustain corn production.
Jun 232016
THE INCOMING Socioeconomic Planning Secretary on Thursday laid out a broad outline of how his agency plans to introduce new metrics to the Philippine Statistics Authority that would cover economic gains distributed across socioeconomic classes and regions, thus helping achieve the next stage of growth — making sure more Filipinos are lifted out of poverty.
Jun 232016
THE INCOMING secretary in charge of the environment, a mandate that covers the Philippines’ mining industry, has slammed the use of open pits to extract minerals, describing it as “madness” even to consider the method in the resource-rich country because of its environmental impact.
Jun 232016
THE DEPARTMENT of Energy (DoE) has released on Thursday a draft of the rules on renewable portfolio standards (RPS), a market-based policy that requires distribution utilities and other industry participants to source a portion of their power supply from eligible renewable energy resources.
Jun 222016
BUSINESSES are taking a role in promoting inclusive growth, aligning themselves with the incoming administration’s thrust to develop the provinces and lift Filipinos out of poverty, the country’s top business leaders said.
Jun 222016
LOCAL GOVERNMENTS will continue to receive higher internal revenue allotment (IRA) shares from the national government next year, with the Department of Budget and Management (DBM) capping the amount at P486.885 billion.
Jun 222016
Even with the upcoming change in leadership, the Bureau of Internal Revenue (BIR) has not scaled back on efforts to meet its steep collection target of more than two trillion pesos. To this end, it is no coincidence that the BIR has come up with more detailed guidelines and strict control measures to plug possible loopholes in our tax system. In recent issuances, the BIR has provided guidelines covering the conduct of investigation on the capacity of parties to acquire properties and clarifying the tax treatment of gross receipts tax passed on to borrowers.
Jun 212016
DAVAO CITY — The Philippines can expect more investment from European Union (EU) member states especially with president-elect Rodrigo R. Duterte’s decision to prioritize the battle against corruption.