MINERS have once again appealed to President Rodrigo R. Duterte over the Department of Environment and Natural Resources’ (DENR) new requirement to pay P2 million per hectare of “disturbed land” into a trust fund prior to removing their ore stockpiles from their mine sites.
MAYNILAD Water Services, Inc. will raise rates this month to reflect the impact of a weakening peso against other currencies as well as the overall increase in the prices of goods and services.
LAPU-LAPU CITY — The Association of Southeast Asian Nations (ASEAN) is promoting expanded e-commerce as part of its integration agenda, saying it holds the potential to widen the reach of trade in the region.
THE AGENCY in charge of economic zones bagged more than $4 billion investment pledges from the US and Middle East, following its “aggressive” investor roadshows conducted during the first quarter. Philippine Economic Zone Authority (PEZA) Director-General Charito B. Plaza told reporters on Tuesday evening that a US-based oil and gas refinery company, OS Petro, pledged to invest a total of $4 billion in 10 onshore blocks for oil and gas exploration, following her visit to the country last week.
THE Department of Environment and Natural Resources (DENR) has launched a $35 million project designed to deal with the expanding problem of electronic waste (e-waste), which contains hazardous substances like mercury and lead.
Last week, I summarized the first two installments covering the definition of “capital” for the purpose of determining the nationality of a company engaged in partly nationalized activities. This week, I will cover the third (and, I hope, final) installment on the matter. You may recall from last week’s column that some confusion arose due to seemingly different conclusions laid down by the Supreme Court (SC) in a 2011 decision against a 2012 resolution, as well as a Memorandum Circular which was issued by the Securities and Exchange Commission (SEC) in 2013 based on that same SC case (the Gamboa case).
BANGKO SENTRAL ng Pilipinas (BSP) Governor Amando M. Tetangco, Jr. said the risks Asia will face will come in the context of what he called a “new mediocre” era in terms of growth in advanced economies.
ILOILO CITY — The National Economic and Development Authority (NEDA) regional office here reported a steady rise in the economy of Western Visayas, and is targeting a gross regional domestic product (GRDP) growth rate of 9.8% to 11% by 2022.
THE DEPARTMENT of Information and Communications Technology (DICT) could put together a detailed plan to implement the national broadband project by next month, with a target of having infrastructure up and running in a year’s time by utilizing existing assets of the government.
THE Department of Agriculture (DA) on Monday said it has prepared a budget proposal of P213 billion for 2018 to fund its projects, which will focus on greater food security and productivity.