THE Environment Department is due to release next week new guidelines for the audit of the environmental impact assessment (EIA) process covering projects deemed critical to the environment.
THE Philippine Competition Commission (PCC) said it wants to remove language favoring Filipino nationals in the licensing of contractors, calling the current provisions in Republic Act 4566 anticompetitive.
A SINGAPORE business delegation is hoping to meet with President Rodrigo R. Duterte in February to discuss plans for expanding tourism and introduce more investment in the Philippine retail, transportation, and infrastructure sectors.
THE GOVERNMENT will be pushing for a more comprehensive Extractive Industries Transparency Initiative (EITI) report to ensure companies comply with the law in spending their social development and environmental protection funds.
THE Agriculture Department is pushing for Philippine farms to be fully mechanized with the help of a P900-million loan from the Japan International Cooperation Agency (JICA).
THE Department of Trade and Industry (DTI) hopes to reach an agreement this month with the Department of Finance (DoF) on further revisions to the government’s proposal to raise the excise tax rates on automobiles.
THE THIRD WEEK of February is viewed as a critical period for power supply in Luzon, based on simulations from the Department of Energy (DoE), natural gas supply from Malampaya will still be unavailable while several power plants go on maintenance shutdown.
“Show me the money!” — Rod Tidwell, Jerry Maguire. The catchphrase made famous by actor Cuba Gooding Jr. seems to perfectly capture the constant pressure received by consultants like me who assist taxpayers in the recovery of their excess or unused input taxes remitted to the Philippine tax authority.
THE Board of Investments (BoI) said it approved P441.8 billion worth of investment pledges in 2016, up 20.4% year on year.
PRESIDENT Rodrigo R. Duterte is confident that “the peso will rise again” even though traders expect the local unit to break the P50-a-dollar level in 2017 after the Federal Reserve signaled two to three rate hikes this year.