Gov’t cash utilization rate hits 99% in first quarter
THE cash utilization rate of government agencies hit 99% at the end of March, the Department of Budget and Management (DBM) said.
The DBM reported that...
Government urged to protect workers under threat from US tariffs
THE Makati Business Club (MBC) said on Thursday that the government should move to ensure the protection of jobs that could be vulnerable in...
Elevated reserve market prices seen signaling strong system demand
THE Energy Regulatory Commission (ERC) said prices on the reserve market remain high, pointing to strong demand for power required by the system.
In a...
Data center projects targeted to enable more infotech activity
INVESTMENT promotion agencies (IPAs) are looking to register more data center projects, saying that such infrastructure will enable more information technology (IT)-related activities.
“Data centers...
Bidders invited for P252-million EDSA Busway station rehabilitation
THE Department of Transportation (DoTr) has issued an invitation to bidders for the design and development of the EDSA Busway stations rehabilitation phase 1...
K-Water to develop smart water systems for BCDA properties in Baguio, La Union
THE Bases Conversion and Development Authority (BCDA) said it tapped Korea Water Resources Corp. (K-Water) to develop the smart water management systems in Camp...
First Circle offers business accounts for SMEs with unlimited money transfers
FINANCING COMPANY First Circle said it is offering business bank accounts for small and medium enterprises (SMEs) in partnership with Netbank.
The account offers no...
10 green-lane projects reach operational status, BoI says
TEN out of the 203 projects registered for green-lane treatment have been declared operational, while an additional three are close to operational and 36...
PHL wins approval for $10-million Tawi-Tawi climate change project
THE PHILIPPINES has obtained approval for a $10-million climate-proofing project for Tawi-Tawi’s water systems, the first such approval from the Adaptation Fund (AF), the...
Farmer-directors to serve at DA regional field offices
THE Department of Agriculture (DA) said Farmer-Directors will be fielded to its regional field offices (RFOs) next month to improve governance and service delivery....
Beyond paychecks: The dilemma of employee reimbursements
By Steven Lloyd Co
Employees sometimes incur business expenses during the course of their work, including travel, meals, lodging, and other business-related costs. While reimbursements seem straightforward, they...
Contingency fund to finance P20-rice subsidy
THE Department of Agriculture (DA) said on Tuesday that the P20-per-kilo subsidized rice program will tap the contingency fund of President Ferdinand R. Marcos,...