THE Sugar Regulatory Administration (SRA) is set to propose to the National Economic and Development Authority (NEDA) this week the imposition of an import duty for high fructose corn syrup (HFCS), the sweetener that has dampened industrial demand for refined sugar.
THE Board of Investments (BoI) recently approved SL Agritech Corp.’s P450 million project producing hybrid rice seed and palay to farmers.
THE AVERAGE prices paid by wholesale electricity customers fell to P1.90 per kilowatt-hour (kWh) in January 2017 to reach their lowest level since January 2011, the Philippine Electricity Market Corp. (PEMC) said on Monday.
THE PHILIPPINES is poised to take on a key role as one of the member countries under the Regional Comprehensive Economic Partnership (RCEP) agreement, according to visiting Chinese Vice-Premier Wang Yang.
“But the poor will not always be forgotten. (Psalm 9:18)” This Bible quote gives a fine touch to the “should-be” reality that even those in the marginalized sectors of the society, such as the poor, are still an integral part of the nation and should never be forgotten. In the early times, Jehovah gave the ancient nation of Israel a body of law that, if obeyed, would minimize poverty. For example, the Law commanded the people to leave the edges of their fields unharvested that poor people could glean from. In addition, if the poor had to borrow money, the Law forbade Israelites to charge interest.
EXPORTERS should be more creative in the products they develop with innovation expected to be a more important driver of shipments than the weak peso, according to the Philippine Chamber of Commerce and Industry (PCCI).
DAVAO CITY — More robust trade between Indonesia and the Philippines, particularly within the areas of the Brunei-Indonesia-Malaysia-Philippines (BIMP) sub-regional grouping, is expected with the soon-to-be-launched Davao-General Santos-Bitung roll-on, roll-off (RoRo) cargo route and increased marketing initiatives.
The approval of the 2017 Investment Priorities Plan (IPP) on Feb. 28, 2017 demonstrates that inclusive economic growth remains a high priority agenda in President Rodrigo R. Duterte’s administration. The IPP is a list of government priority investments formulated by the Board of Investments (BoI) that may be eligible for fiscal and non-fiscal incentives, including an income tax holiday (ITH) of up to eight years.
MULTILATERAL lender World Bank is pouring in $64.6 million for the first line of the planned Metro Manila bus rapid transit (BRT) system, which it will co-fund with the Philippine government.
THE Association of Southeast Asian Nations (ASEAN) and China will have much to gain from strengthened cooperation in the tourism industry, a high-ranking Chinese official said on Thursday.