Full budget transparency seen taking time
THE PHILIPPINES is working on initiatives like procurement reform to achieve budget transparency, but it will take time to mainstream these initiatives, Budget Secretary...
Full electrification by 2028 goal under review on funding doubts
THE Department of Energy (DoE) said it will review its target of achieving total electrification by 2028 amid concerns about the availability of funding.
“Since...
Balisacan backs anti-trust legislation for agriculture to boost food security
NATIONAL ECONOMIC and Development Authority (NEDA) Secretary Arsenio M. Balisacan said anti-trust legislation will be crucial in ensuring food security.
“We must complement antitrust tools...
UN-funded program hoping to digitize 15,000 PHL small firms
A PROGRAM funded by the United Nations is seeking to provide digital tools and training to at least 15,000 small businesses in the Philippines,...
DTI says US expressing ‘renewed interest’ in FTA
THE Department of Trade and Industry (DTI) said it is seeing “renewed interest” from the second Trump administration in exploring a bilateral free trade agreement (FTA) with the US.
Gov’t procurement law IRR due next week
THE Department of Budget and Management said the new government procurement law’s implementing rules and regulations (IRR) will be released next week, having been...
Auto body industry seeks more funding for PUV modernization
THE Automotive Body Manufacturers Association of the Philippines (ABMAP) has asked the government to prioritize and provide more funding for the stalled Public Utility...
Fishport landed volume falls 12.09% in 4th quarter
THE catch landed at regional fishports declined 12.09% by volume year on year during the fourth quarter, according to the Philippine Fisheries Development Authority...
Targeted support, not P200 wage hike — business groups
BUSINESS GROUPS batted for targeted support for small businesses in place of the proposed P200 wage increase, saying that an across-the-board wage hike could...
SC rules in favor of shipping firm in VAT case
THE Supreme Court (SC) ruled in favor of Dohle Shipmanagement Philippines Corp. (Dohle) in a value-added tax (VAT) case, in which it clarified the...
BCDA signs new deals with former John Hay operator’s leaseholders
THE Bases Conversion and Development Authority (BCDA) said it signed lease agreements with sub-lessees of CJH Development Corp. (CJHDevCo) for Forest Estates, Country Homes,...
PhilRice in tieup to cut rice-farm emissions
THE Philippine Rice Research Institute (PhilRice) said it has entered into a partnership with a Japanese agriculture technology firm to reduce rice-farm emissions.
In a...