DA to press for release of P2 billion for quarantine inspection facilities
AGRICULTURE Secretary William D. Dar said that the Department of Agriculture (DA) will be requesting in January the release of P2-billion in funds budgeted to set up border quarantine facilities in selected ports of entry.
PDEx maintains P350-billion bond listing target for 2020
THE Philippine Dealing & Exchange Corp. (PDEx) said it maintained its 2020 bond listing target at P350 billion while digitizing the documentation process for bond issues.
SC rejects bid to nullify reclaimed land sale to MBDC
THE SUPREME COURT (SC) has dismissed a petition seeking to nullify the sale of land to Manila Bay Development Corp. (MBDC) in 1988 for P472 million.
On purpose, passion and possibilities
By J. Carlitos G. Cruz
Whenever the calendar year winds down, many among us find it an opportune moment to reflect and reevaluate the last 12 months. We recall the challenges we faced, revisit the dramatic changes in the business landscape, and ponder how we, as individuals and organizations, have grown and evolved. We have seen how companies have shifted their focus to global trends and technologies, how people are taking on new jobs that didn’t even exist a few years ago, and how the challenges of sustainable development have become the top priority for organizations.
Panel admits two more firms for extended motorcycle taxi trials
AN inter-agency technical working group (TWG) on Friday decided to extend the pilot program for motorcycle taxis to March, and took in two more industry entrants.
Domestic trade rises over 20% by value in third quarter
DOMESTIC TRADE rose 20.1% year-on-year by value in the third quarter led by machinery and transport equipment, despite nearly flat volumes overall, according to the Philippine Statistics Authority (PSA).
SRA announces start of applications to fill US export quota
THE Sugar Regulatory Administration (SRA) said it is taking applications to fill the US export quota of 142,160 metric tons in raw value or 136,201 metric tons in commercial weight for 2019-2020.
DTI renews partnership deal with microlender CARD
THE Center for Agriculture and Rural Development Inc. (CARD) is committing an additional P100 million pesos to its micro-financing partnership with the Department of Trade and Industry (DTI).
DoF flags UHC funding shortfall due to lower ‘sin tax’ yields
FINANCE SECRETARY Carlos G. Dominguez III said funding for universal health care (UHC) set to roll out next year will likely fall short due to lower projected revenue on the newly-passed sin tax bill.
Safeguard duties for ceramic tile imports rejected
THE Tariff Commission has recommended against imposing safeguard measures on ceramic floor and wall tile imports after the conclusion of its investigation.
Privatization office sets floor price for 20% stake in toll firm at P2.58B
THE Privatization and Management Office (PMO) of the Department of Finance (DoF) is taking offers for the negotiated sale of the government’s 20% stake in Tollways Management Corp. (TMC).
Metal mines output up 6.5% by value
THE value of production generated by metal mines rose 6.5% year-on-year in the first nine months to P99.58 billion, the Mines and Geosciences Bureau (MGB) said.