INFRASTRUCTURE spending grew a little over 12.2% in the first quarter, driven by road projects by the Public Works department, the Department of Budget and Management (DBM) said in a report over the weekend.
May 142017
May 142017
DEPARTMENT of Environment and Natural Resources (DENR) Secretary Roy A. Cimatu said he is open to allowing new mining projects after an investment freeze dating back to 2012 when Executive Order (EO) 79 was issued.
May 142017
As megatrends continue to disrupt the way businesses generate value, enterprises are now seizing opportunities in automation and other advancements in technology to be more agile and competitive. In last week’s article, we introduced robotics and discussed how it is transforming the workplace. In this article, we will now look at some of the opportunities for organizations that are looking to invest in robotics.
May 122017
THE Energy Regulatory Commission (ERC) has approved an order requiring Manila Electric Co. (Meralco) to implement next month its refund to its electricity customers covering nearly P7 billion worth of over-recoveries for the past few years.
May 122017
AIRASIA Group CEO Tony Fernandes said his group will help develop the Philippines’ airports in the coure of expanding operations in the country as a “show of trust” in President Rodrigo R. Duterte’s administration.
May 122017
THE CENTRAL bank wants lenders and financial institutions to recognize possible growth opportunities in the agricultural industry, with the regulator urging banks to expand their services to the sector.
May 112017
FINANCE Secretary Carlos G. Dominguez III yesterday gave extractive industry more breathing room as he cited the need for good governance rather than outright bans on mining operations — a week after a change in leadership at the Department of Environment and Natural Resources.
May 112017
SOLAR POWER developers that failed to qualify to the Department of Energy’s (DoE) incentive scheme are contemplating shutting down as the electricity rates they have obtained are not enough to recoup their investment or even to sustain operations.
May 112017
LISTED Megawide Construction Corp. remains interested in taking part in the development of Clark International Airport, after the government announced it will pursue the project on its own first and eventually bid out the operations and maintenance of the gateway.
May 102017
PROVISIONS relating to the allocation of revenue from a proposed tax on sugar-sweetened beverages hurdled a House committee yesterday, marking further progress through the legislative mill of the government’s tax reform program.