MORE than 1,000 megawatts (MW) of new power capacity have been added to the electricity grid in the first half of 2016, bringing the country’s total installed capacity to 20,055 MW as of June, latest data from the Department of Energy (DoE) show.
BUDGET Secretary Benjamin E. Diokno said the weaker peso is “no cause for concern” and is more the result of a strengthening in the dollar in anticipation of higher US interest rates.
THE Department of Environment and Natural Resources (DENR) is set to release today the results of its mine audit, with miners positive about the long-term impact of stricter environmental standards, even as uncertainty over future suspensions hangs over the industry, which is the world’s top nickel exporter.
THE Philippines may soon call an auction for the import of an additional 250,000 metric tons (MT) of rice as a precaution against the impact of La Niña in the first few months of 2017.
Assessment and collection of taxes — these are the two chief functions of the Bureau of Internal Revenue (BIR), which is tasked to interpret and implement the provisions of the National Internal Revenue Code of 1997, as amended. To meet the objective, the Tax Code grants broad powers to the Commissioner of Internal Revenue which includes the power to authorize the examination of any taxpayer and the assessment of the correct amount of tax through the examination of any book, paper, record, or other data which may be relevant or material to such inquiry — commonly known as tax audits.
MINDANAO needs at least 150 megawatts (MW) of additional capacity yearly until 2030 to meet rising demand from electricity consumers as the government lines up infrastructure projects on the southern island, the lead entity promoting its development said.
WAYANG WINDU, INDONESIA — Columns of steam shoot from the ground at an Indonesian power plant sitting in the shadow of an active volcano, as energy is tapped from the red-hot underbelly of the archipelago.
MANILA, Philippines – The Sta. Lucia Group is expanding its tourism-related projects as it hopes to hitch on the Duterte administration’s plan to boost tourism activities in the country. “We will continue to do more to support this buoyant sector as we implement in full swing our projects on tourism-related assets,” said Sta. Lucia executive vice president and chief finance officer David dela Cruz. Among the company’s tourism expansion plans now in full swing are its SotoGrande projects in Luzon, Visayas and Mindanao. One such project is SotoGrande in Katipunan, Quezon City, which is a 23-story mixed-use tower. Its prime location offers the advantage of being close to Metro Manila’s key thoroughfares – EDSA, C5, Marcos Highway, Aurora Blvd. and Katipunan Ave. Another SotoGrande project is in Fairview, also in Quezon City, which is an eight-story, full hotel development with a total 198 units located in the 22-hectare Neopolitan Business Park near the site of one of the proposed stations of MRT 7. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Another project is SotoGrande in Iloilo, which is a six-story full-hotel development with a total 149 units rising within the 172-hectare residential community called Green Meadows with Iloilo’s first residential lake community. SotoGrande in Davao, meanwhile, is a 20-story condominium hotel development which is located in the premiere 60-hectare Davao Riverfront Business Park. The Sta. Lucia Group has previously developed quality hotel accommodations nationwide. These include La Breza in Quezon City, Splendido Tower 1 in Tagaytay, Sta. Lucia Read More …
Here is an old story credited to anonymity. An old man was seated at the doctor’s waiting room. When called in to see the doctor, the old man, grasping his cane and hunching over, slowly got up and made his way into the examining room. After only a few minutes, the man, walking completely upright, emerged from the room. A patient, who had watched him, hobbled into the room, fully hunched over and stared in amazement. “That must be a miracle doctor in there!” he exclaimed. “What treatment did he give you? What’s his secret?” The old man looked at him and said, “Well, the doctor looked at me from top to bottom, analyzed the situation, and gave me a cane that was four inches longer than the one I had been using.” How often do we give everyone the same length cane, that is, the same answer for every problem? Then, there are those people who see every problem as a nail for which they have only one cure—a hammer! Event organizers get me to be keynote speaker for their client’s events and I am so thankful for the businesses they bring me. But the good event organizer will make sure that there is an alignment between what their clients want and what I have to say. I love doing TNA (Training Needs Analysis) with clients. I have so many ideas to share but if the message provided does not meet their needs, then they are mere rhetoric and Read More …
MANILA, Philippines – After seven years of serving Filipino entrepreneurs and freelancers in the country, online and cross-border payment solutions provider Payoneer Inc. has finally opened its Philippine office in Taguig City. Patrick de Courcy, head of Asia-Pacific for Payoneer Inc., told reporters the company has decided to expand its footprint into the country to take advantage of its growing freelancing, outsourcing and e-commerce industry. “In the Philippines, we see a huge potential in the freelance, business processing outsourcing (BPO), and small businesses to become global businesses, and we help them to get paid on a cost efficient, easy, simple manner,” De Courcy said on the sidelines of the company’s Manila office launching. According to de Courcy, the Philippines is one of Payoneer’s fastest growing markets, with 230 percent growth in registration, and 307 percent growth in payment volume from 2010 to 2015. Payoneer services has been present in the Philippines since 2009. Payoneer country manager Miguel Warren, for his part, said the Philippine office of Payoneer seeks to create a better relationship between the company and its local clients, enabling it to understand better and adapt to the needs of the market. “We’re starting to build out our local team…We understand that in order to be able to grow the business, we are gonna need to become more local, to understand the costumers better,” Warren said. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Citing no figures, the company official said there is still a lot of potential Read More …