MICC meeting soon over next round of mine

THE MULTI-AGENCY Mining Industry Coordinating Committee (MICC) will be convening to discuss the next round of industry reviews, after the Environment department affirmed the outcome of its audits in 2017.

ERC expresses concern about grid’s ability to absorb net metering

THE Energy Regulatory Commission (ERC) said the removal of the 100-kilowatt (kW) cap that solar rooftop energy generators are allowed to inject into the power grid could have an adverse effect on transmission lines, which may not be able to accommodate injections of power beyond that limit.

Climate fund soliciting more projects

THE People’s Survival Fund (PSF) has P685.330 million for climate change mitigation and adaptation projects that remain untapped after it allocated up to P314.674 million for six projects, mostly in the southern Philippines.

DoTr signs co-development deals for 4 airports with Defense dep’t

THE Department of National Defense (DND) said it will co-develop airports in Laoag, Vigan, Cotabato and Tawi-Tawi as part of a joint venture with the Department of Transportation (DoTr).

Philippines in early free trade talks with 2 countries

THE PHILIPPINES is exploring bilateral free trade agreements (FTA) with two more countries, the National Economic and Development Authority (NEDA) said, adding that the talks are preliminary and exploratory.

Senate signals possibility of January budget approval

THE SENATE is looking into the possibility of approving the proposed 2019 budget in January if the House of Representatives intends to pass the measure by Nov. 28.

Tabula Rasa: A clean slate through tax amnesty

By Gemmalu O. Molleno-Placido
Tabula rasa is a Latin phrase popularly translated as “clean slate” or starting fresh. Sometimes our liabilities have become so burdensome such that, whenever an opportunity is presented to settle those liabilities, the tendency is to grab the opportunity to move forward and start anew.

Philippines convenes joint trade panel with Papua New Guinea

THE Philippines and Papua New Guinea (PNG) agreed to create a Joint Economic and Trade Committee (JETC) on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit in Port Moresby Saturday, Trade Secretary Ramon M. Lopez said.

Poverty database bill passes House on 3rd reading

THE House of Representatives, voting 157-0, approved on third and final reading a bill establishing a poverty database in aid of the government’s social protection programs.

ERC, NEA to expedite approval of co-ops’ capex applications

THE Energy Regulatory Commission (ERC) and the National Electrification Administration (NEA) will team up to expedite the approval of the capital expenditure (capex) projects of the country’s electric cooperatives.

Foreign share of government borrowing up sharply in Sept.

GOVERNMENT BORROWING rose in September due to an increase in foreign loans, the Bureau of the Treasury (BTr) said.

DoE to launch new energy contracting round this week

THE Department of Energy (DoE) is hoping that a new round of contracting will spur more petroleum exploration ventures and close the resource development gap with regional neighbors.