THE ECONOMY likely got little lift from public investment yet again in the third quarter as the government’s “fiscal underspending” persists, but other sectors’ performances could have spurred expansion nonetheless, Citi Research said.
Oct 302014
Oct 302014
THE PHILIPPINES will likely import more ethanol in the coming years to meet the mandated ethanol blends in gasoline, as supply will be unable to meet rising demand through 2020 due to low productivity and disincentives on investments.
Oct 302014
THE SENATE finance subcommittee will likely still move for the removal of the Aurora Pacific Economic Zone and Freeport’s (APECO) P200-million budget under next year’s spending plan as Senator Sergio R. Osmeña III expressed he’s still unconvinced of the freeport’s feasibility seven years after its creation.
Oct 292014
THE HOUSE of Representatives approved the proposed P2.606-trillion national budget for 2015 on third and final reading yesterday without major amendments, keeping with the Executive’s goal of having it enacted by yearend.
Oct 292014
THE P2.25-billion maintenance contract for the Metro Rail Transit 3 (MRT-3) could be awarded by January the earliest, a Transportation official said, as not one of five interested firms turned in their bids last Tuesday.
Oct 292014
AT OUR PRIME, we plan ahead and ensure that we are taken care of until our final stage in life. This is where the option of investing in memorial plans, whether in a memorial plot or in a columbary or ash vaults, kicks in. It may surprise some readers but, as these are forms of investment, there is that probability of profiting from this investment platform.
Oct 282014
COCONUT OIL exports of the Philippines, the world’s top supplier, fell 22.6% in September from a year earlier due to tight supplies, an industry group said on Tuesday.
Oct 282014
THE SUGAR Regulatory Administration (SRA) expressed concern over a proposed measure imposing additional taxes on soft drinks and carbonated drinks, saying it could negatively impact the industry.
Oct 282014
A BILL seeking to abolish monopolies clinched the approval of the House of Representatives’ Appropriations Committee on Tuesday, and will be referred to two more committees before it faces plenary debates.
Oct 272014
THE SENATE approved on third and final reading on Monday amendments to the country’s Fisheries Code, in order to comply with international conventions and avoid a possible ban by the European Union (EU) on marine and fisheries products.