P550 M E-VEHICLES DEMO PROJECT: The Board of Investments (BOI), the industry development and investments promotion arm of the Department of Trade & Industry (DTI), has signed a Memorandum of Agreement to become a member of the steering committee to implement the P 550 million e-vehicles demonstration project of Japan’s New Energy and Industrial Technology Development Organization (NEDO) called the Mobility as a System or MAAS Project. This pilot e-vehicle project will be implemented in Intramuros, Manila where 50 units of e-trikes of BEMAC Electric Transportation Philippines Inc. and 17 sets of charging stations are set to operate in fixed routes and stops. The project is set to run for two years. Photo shows Trade Undersecretary and BOI managing head Ceferino Rodolfo with (from left) Intramuros Administration (IA) officer-in-charge for planning and management division Edgardo Baysic, BEMAC vice president Yvonne Palomar Castro, and IA Finance and administrative division chief Merceditas Sahagun during the test run of the e-vehicles in Intramuros. MANILA, Philippines – The Board of Investments (BOI) has signed an agreement with Japan’s New Energy and Industrial Technology Development Organization (NEDO) for a P550 million electric vehicle demonstration project. The pilot e-vehicle demonstration project will initially be implemented in Intramuros, Manila where 50 units of e-trikes and 17 sets of charging stations are set to operate in fixed routes and stops. The BOI said the project is set to run for two years. Aside from being a historic landmark and tourist spot, Intramuros was selected for the demonstration Read More …
MANILA, Philippines – Despite less budget being released to agencies by August, state offices fast tracked their spending, recovering from a slump the previous month. A total of P1.27 trillion in notices of cash allocations (NCA) were converted into checks and disbursed during the first eight months, data from the Department of Budget and Management (DBM) showed. The figure accounted for 92 percent of existing allocations worth P1.38 trillion during the same period, up from 91 percent last year and 77.9 percent in July. NCA is the last document agencies need to secure to get checks from the Bureau of the Treasury to pay for their obligations. Once checks are received and encashed, they are deemed spent. “I think this is still part of calibration which means they are spending what they already have in their hands,” said Alvin Ang, economist at Ateneo de Manila University. “If this becomes the norm, then that is good since this means more budget getting spent,” he said in a phone interview. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 The previous administration had been criticized for its persistent underspending that slowed down growth, which it blamed on agencies being slow in disbursing funds. Allotment means funds may now be used to enter into contracts to purchase goods and services. Once agencies do so, they become obligated and then secure an NCA from DBM. But Emilio Neri Jr., lead economist at Bank of the Philippine Islands, said it is likely that agencies had Read More …

Shabu (INQUIRER FILE PHOTO) DAGUPAN CITY– Two Nigerian students were caught sniffing shabu inside a rented apartment here on Wednesday (Sept. 7). Emmanuel Divine Ugochukwu, 29, and Stephen Samuel Anoruo, 30, were arrested in Barangay Pogo Grande here, and were the first foreigners to be charged in the goverment’s war on drugs, said Bismarck Bengwayan, Ilocos spokesman of the Philippine Drug Enforcement Agency on Thursday (Sept. 8). SFM Latest Drug suspect killed in Olongapo buy bust Cops kill alleged leader of gun-for-hire gang in Quezon 10-kg dried marijuana leaves seized in Naga City Ban Ki-Moon urges Asean states to ratify climate change pact Recommended Disclaimer: Comments do not represent the views of INQUIRER.net. We reserve the right to exclude comments which are inconsistent with our editorial standards. FULL DISCLAIMER View Comments For feedback, complaints, or inquiries, contact us.
ECONOMIC managers of President Rodrigo R. Duterte have slashed the collection target for the Bureau of Customs (BoC) this year by almost a fifth amid falling oil prices and lower import volumes.
THE DUTERTE administration said it remains intent in scrapping rice import restrictions that will lapse in June next year, as such non-tarriff barrier clouds prospects for the Philippines’ inclusion in the Trans-Pacific Partnership (TPP) deal.
FILIPINOS ARE expected to almost double their travel spending by 2025, ranking 25th among 50 markets that have deep pockets for international travel, according to a study conducted by Visa, Inc.

U.N. Secretary General Ban Ki-moon, left, glances at Philippine President Rodrigo Duterte, right, at the start of 11th East Asia Summit on the last day of the 28th and 29th ASEAN Summits and other related summits at the National Convention Center Thursday, Sept. 8, 2016 in Vientiane, Laos. (AP Photo/Bullit Marquez) UN Secretary General Ban Ki-moon on Thursday urged Association of Southeast Asian Nations (Asean) member states to ratify the Paris Agreement on Climate Change within the year to bring it closer to force. Speaking at the Asean-UN Summit in Vientiane, Laos, Ban said that of the 10 Asean members, only Laos had ratified the Paris Agreement which relates mainly to efforts to reduce global greenhouse gas (GHG) emissions and mitigate a disastrous rise in world temperatures in the coming years. The Philippines was represented at the meeting by Foreign Secretary Perfecto Yasay Jr. in place of President Duterte. It was one of the mini summits taking place around the main Asean summit. Aside from the Philippines and Laos, the Asean includes Indonesia, Thailand, Malaysia, Singapore, Brunei, Cambodia, Myanmar and Vietnam. So far, 27 countries—together responsible for about 39 percent of global GHG emissions—have ratified the Paris Agreement. “We need 28 more countries to ratify, accounting for a further 16 percent of greenhouse gas emissions, to bring this agreement into force,” Ban said in his opening remarks. “If nine more Asean countries ratify, we will have just 19 more countries to go. I am counting on your leadership,” he told Read More …

The outbreak of hepatitis A in Hawaii, blamed on scallops imported from Cebu, has so far made 252 people ill, according to that state’s Department of Health. The latest bulletin from Hawaii said all the patients were adults, 66 of whom needed hospital care. Earlier this week, the Philippines’ Bureau of Fisheries and Aquatic Resources (BFAR) said it was “implementing emergency measures, reassessing, reevaluating and conducting a traceability audit” of Lapu-Lapu City-based De Oro Resources Inc., the reported source of frozen raw scallops that allegedly caused the outbreak. “Pending the ongoing traceability audit, BFAR is temporarily suspending the accreditation of De Oro Resources to export fishery products,” the agency said in a statement. BFAR also said it directed the company to suspend the distribution of its existing inventory of fishery products and to recall all previously distributed products belonging to the same batch or of the same distribution period. BFAR data show that in 2014, the Philippines exported 826,177 kilograms of scallops valued at $6 million to Hong Kong, Japan, Korea, the United States, Taiwan, Malaysia and Vietnam. Latest Pay rules apply on Eid al-Adha Congress ‘OK’ with emergency powers for Duterte For ‘Kontra Libing’ protesters in Los Angeles, it’s personal Gordon backs drug war, to file bill backing warrantless arrest Recommended Disclaimer: Comments do not represent the views of INQUIRER.net. We reserve the right to exclude comments which are inconsistent with our editorial standards. FULL DISCLAIMER View Comments For feedback, complaints, or inquiries, contact us.

JAKARTA, Indonesia—Convicted drug mule Mary Jane Veloso is “anxiously” awaiting President Duterte’s meeting with Indonesian President Joko Widodo on Friday at the Istana Merdeka in central Jakarta. Philippine Ambassador to Indonesia Ma. Lumen B. Isleta said Veloso is “OK.” “My consul has gotten in touch with her… I can understand she’s [feeling] anxious about the visit of the President,” she said. She said the embassy could not squeeze in a meeting between the President and Veloso during his 24-hour visit to Indonesia because the convict’s prison is an hour’s flight away from here. Mr. Duterte is scheduled to have a bilateral meeting with Widodo and a state dinner later today after delivering a speech to the Filipino community at the Shangri-La Hotel. In an interview with reporters at the Philippine embassy, Isleta said “we’re always hopeful” that Veloso would finally get out of Indonesia’s death row. “There is always hope. And, of course, the President can convey the country’s appreciation and gratitude for the last-minute reprieve which is only temporary and not permanent,” said Isleta, who noted that Indonesia had never granted a full pardon to a death convict. Veloso was found guilty of drug smuggling and was temporarily spared from the firing squad at the last minute by Widodo in April last year. Mr. Duterte said he would appeal for Veloso’s life “in a most respectful and courteous way” but he would not begrudge Widodo should he reject his personal appeal for mercy. Victim of recruiter Isleta said the Read More …

By Azer N. Parrocha Channapha Khamvongsa: After War, A New Legacy of Peace in Laos: President Obama became the first U.S. president to visit Laos, where he discussed his work to address a legacy of war in the country. (White House official photo) MANILA, Sept. 8 (PNA) – In what seemed like an effort to patch things up, Philippine President Rodrigo Duterte and US President Barack Obama shook hands and shared a good conversation before the gala dinner at the ASEAN Summit in Laos, a senator said Thursday. Senator Alan Peter Cayetano, who accompanied Duterte in his trip, said that this was how the two presidents met informally in a holding room before attending a gala dinner at the ASEAN Summit. “You could see that there is an effort from both sides to patch things up,” Cayetano, Chair of the Senate Committee on Foreign Relations, said. President Rodrigo Duterte and Singaporean Prime Minister Lee Hsien Loong, along with their delegations, meet on the sidelines of the ASEAN Summit in Laos on September 6.(MNS photo) The previous day, Duterte mentioned in a press conference that the US President should not question his way of dealing with the country’s illegal drug problem. This led the White House to cancel the scheduled meet between the two leaders. Cayetano stressed the importance of maintaining strong diplomatic ties between the Philippines and the US despite their earlier rift. “The Philippines and the US have a longstanding partnership [and] relationship. There will be bumps along the Read More …