27 C
Manila
Tuesday, September 25, 2018
Home News Economy

Economy

Local solar RE company to critics: We don’t intend to...

Solar Para Sa Bayan Corp. (Solar) on Monday defended House Bill (HB) 8179, which, if passed into law, will grant the fledgling renewable-energy (RE) company...

Money laundering–as part of corruption–is blooming

This week I would like to focus on money laundering, which forms part of the corruption menu. Unfortunately, Denmark, the second-least corrupt country in...

Neda official says transport master plan done by Nov

The government is set to adopt the Philippine Transportation System Master Plan, which will address the need to unify transport-related plans in the country...

‘Senate’s TRAIN 2 to address concerns over job losses’

The Senate version of the second Tax Reform for Acceleration and Inclusion (TRAIN) is likely to be slightly different from the one submitted by...

No middle ground on MDM tariffs for Ubra, Pampi

By Cai U. Ordinario & Jasper Emmanuel Y. Arcalas Poultry growers and meat processors said they are not willing to make a compromise on the...

PHL delegation seeks British investments in ‘BBB,’ energy sector

Government officials will brief British investors on business opportunities in the country’s infrastructure, energy and tourism sectors and explore ways to expand economic cooperation...

Neda to spend P155 million for 3 project feasibility studies

The National Economic and Development Authority (Neda) said it will spend P155 million to conduct feasibility studies for three new infrastructure projects. The Neda said...

DTI eyes safeguard measure amid rise on cement imports

Trade Secretary Ramon M. Lopez has initiated an investigation to determine whether the government should impose a safeguard measure on cement, as imports of...

PHL foreign meat purchase bill grew to record 27.91% in last 7...

The country’s meat imports this year is on track to hit a new record high, as total volume from January-to-July posted a 27.91-percent growth...

MWSS inks agreement with Daegu officials on wastewater management

The Duterte administration is moving to improve Metro Manila’s overall sewerage coverage and wastewater management system as part of its effort to enhance water...

Government urged to take lead role in promoting mining

The Mines and Geosciences Bureau (MGB) on Thursday urged the government to take the lead role in promoting the country’s mining industry sector. At the same time,...

C5-South Link Expressway on track for 2019 completion–MPT South

The construction of the first phase of the P10-billion C5-South Link Expressway is on track to meet its scheduled completion set for the first...

‘Reinvent’ PHL mining sector? DENR chief says it can be done

Environment Secretary Roy A. Cimatu urged the country’s mining industry anew to “reinvent” mining to preserve gains in promoting sustainable mineral resources development and...

De Lima slams construction of  P200-million ferro-nickel mining project in Zambales

Detained opposition Sen.  Leila M. de Lima has expressed grave concern over the suspicious construction of a P200 million  ferro-nickel mining project in Candelaria,...

Clock ticks for economy’s bid to enter demographic dividend window, Neda’s...

The Philippines may be the “last major Asian economy” to enter the demographic dividend window between 2025 and 2070, according to the National Economic...

Probe Benguet Corp.’s liability in Itogon tragedy–CBCP exec

AN official of the Catholic Bishops’ Conference of the Philippines (CBCP) on Tuesday urged the government to look into the possible liability of Benguet Corp. in...

Unexpected consequences of data privacy regulations

The Philippines and the European Union have taken steps in protecting the data and privacy of its residents. Through the enactment of the Data...

Farm loss after Ompong breaches P14-billion mark–DA

The Department of Agriculture (DA) is mulling over the importation of at least 200,000 metric tons (MT) of corn following the devastation wrought by...

Government spent P5 billion to subsidize power, steam, air-con companies in...

Filipino taxpayers extended P5 billion worth of subsidies to companies engaged in electricity, gas, steam and air-conditioning supply, according to the Philippine Statistics Authority...

Govt eyes lower MFN rates for farm goods

The National Economic and Development Authority (Neda) clarified that the government is considering the possibility of reducing the most favored nation (MFN) tariff rates...