PHILIPPINE power plants ended 2016 with a total installed capacity of 21,423 megawatts (MW), up 13%, though dependability statistics showed only slight improvement.
Mar 132017
Mar 132017
One political analyst has said that President Rodrigo R. Duterte’s rise to power stems from voter frustration with the prevailing system of the government. His victory was a protest against the failure of previous administrations to solve corruption and criminality. But many critics of the President view his promise of change and reform to be a pitfall if he does not deliver.
Mar 122017
THE Department of Information and Communications Technology (DICT) and the telecommunications industry will be submitting to President Rodrigo R. Duterte this week, a draft executive order (EO) that will cut the permit process for putting up telecommunication infrastructure to seven days.
Mar 122017
THE Department of Energy (DoE) is proposing a threshold of P3.5 billion for power generation ventures to be declared as projects of national significance, a status which frees them from tedious permitting and regulatory hurdles.
Mar 122017
For many years now, the Government of Japan has been one of the largest providers of bilateral assistance to the Philippines. The Philippines undertakes several projects funded by Official Development Assistance (ODA) loans or grant aid from the Japan International Cooperation Agency (JICA). To preserve the JICA fund strictly for the execution of appropriate projects, the Governments of Japan and the Philippines have agreed, under an Exchange of Notes, on a tax assumption scheme, whereby the Philippine Government will assume all fiscal levies and taxes due from Japanese companies operating as suppliers, contractors and/or consultants, and from Japanese employees in the Philippines, in relation to the implementation of such projects.
Mar 102017
THE European Union and the Association of Southeast Asian Nations said on Friday the two blocs would try to revive plans for a Free Trade Agreement (FTA) between them, as European countries look to tap the region’s strong growth.
Mar 092017
THE Sugar Regulatory Administration (SRA) is appealing to the Department of Trade and Industry to review the current retail price of refined sugar to allow consumers to reap the benefit of lower wholesale prices.
Mar 092017
SOME Chinese companies are “interested” in public-private partnership (PPP) projects in the Philippines particularly in building “integrated” cities and developing regional prison facilities here.
Mar 092017
THE business climate has improved in the cities of Puerto Princesa, Zamboanga and Tagbilaran as measured by the increased issuance of business permits starting January, the United States Agency for International Development (USAID) said.
Mar 082017
THE GOVERNMENT has included drug rehabilitation facilities among projects open for funding from internal revenue allotments, according to a joint memorandum from the Department of Interior and Local Government (DILG) and the Budget department.