THE PHILIPPINES scored below average in “enabling” agribusiness in areas dealing with production and marketing, importation of fertilizers and transportation of agriculture goods, among others.
Jan 292016
Jan 282016
THE EUROPEAN Commission has adopted its first monitoring report on the Generalized System of Preferences (GSP) that included an assessment of the Philippines’ implementation of 27 international conventions.
Jan 282016
DAVAO CITY — Davao Light and Power Co. (Davao Light), an electricity distributor of Aboitiz Power Corp. (AboitizPower), is contracting 112 megawatts (MW) from two generating companies to make up for the more than 60% drop in its allocation from the Mindanao grid.
Jan 282016
THE DEPARTMENT of Agriculture (DA) said it will seek about P1 billion from Congress to build four upgraded multi-purpose fisheries vessels, just as it commenced with the construction of a class of two less-capable boats, which cost nearly P360 million.
Jan 272016
A MEASURE seeking to lift foreign ownership restrictions on some types of financial institutions was approved on second reading at the House of Representatives on Monday.
Jan 272016
MOST MUNICIPALITIES depended mainly on allocations from the national government, with about seven in every 10 considered weak performers in terms of generating their own income in 2014.
Jan 272016
“What’s in a name? That which we call a rose by any other name would smell as sweet.” Shakespeare’s meaning in that line from Romeo and Juliet is that what matters is what something is, and not what it is called. It came to mind with the recently issued Securities and Exchange Commission-Office of the General Counsel (SEC-OGC) opinion dated 3 November 2015, which clarified whether a 100% foreign-owned domestic corporation can engage in the business of ground handling services for aircraft. The marshalling of an aircraft, loading and unloading of passengers, refueling and baggage handling are examples of such services.
Jan 262016
THE PHILIPPINES landed towards the bottom of global rankings measuring the impact of economic and trade policies on innovation, according to a global technology policy think tank.
Jan 262016
ILOILO CITY — Funding for the feasibility study of a proposed bridge connecting the island of Guimaras to Iloilo has been requested by the Department of Public Works and Highways (DPWH) from the South Korean government.
Jan 262016
WEAK GROWTH in emerging economies could further drag commodity prices this year, the World Bank (WB) said, revising its price forecasts for 37 out of 46 commodities monitored.