DoE wants to boost share of power traded on spot market
THE Department of Energy (DoE) wants the volume of electricity traded on the spot market to increase by encouraging more private entities to put up merchant power plants, or those without an approved power supply agreement (PSA).
A gift for mothers: Extended maternity leave
By Janeth A. Parcon
After more than two decades and several failed attempts, the bicameral committee finally approved draft legislation increasing the paid maternity leave benefit for working women. To be called the “105-Day Expanded Maternity Leave Law” if enacted, it will amend Republic Act No. 7322 of 1992, which at present entitles mothers to paid leave of 60 days for normal delivery or 78 days for caesarian section delivery.
Senate panel approves new Iloilo power franchise
THE SENATE COMMITTEE on public services on Monday approved in principle the granting of a 25-year legislative franchise to MORE Electric and Power Corp. (MORE Power) and provided for a transition period to replace the incumbent, Panay Electric Co. (PECO) as the sole power distributor in Iloilo City.
Palace signs telco franchise law for Villar firm
PRESIDENT Rodrigo R. Duterte has signed Republic Act (RA) No. 11089 granting the Villar Group’s Streamtech Systems Technologies Inc. a telecommunications franchise for 25 years.
Gov’t to seek South Korean aid for tourist VAT refund system
THE DEPARTMENT of Finance (DoF) has sought the assistance of South Korea in implementing a value-added tax (VAT) refund system for visitors, as well as for environmental management support for the resort island of Siargao in Surigao del Norte.
Unawarded rice import contracts to be rebid soon
AGRICULTURE Secretary Emmanuel F. Piñol said that the rebidding for unawarded lots in the first batch of rice imports will be conducted “right away” alongside the subsequent batches amounting to 500,000 metric tons.
Foreigner-hiring bill to require technology transfer, raise penalties
A BILL strengthening the penalties for improperly employing foreign nationals and requiring them to transfer technology to Filipino employees has cleared the House Committee on Labor and Employment.
Energy dep’t reports gov’t agencies to police over unpaid power bills
THE Department of Energy (DoE) said it reported to the police various government agencies that have failed to settle electricity bills owed to distribution utilities.
DICT to redistribute frequency after selection of new telco
THE Department of Information and Communications Technology (DICT) will seek to redistribute frequency spectrum fairly among the telecommunications incumbents, PLDT, Inc. and Globe Telecom, Inc. and PLDT, Inc. as well as the new industry entrant, the so-called “third player.”
Palace threatens to take over ‘3rd player’ selection
MALACAÑANG said the selection of a so-called “third player” for the telecommunications industry will be taken over by the Office of the President if a new entrant is not named by November.
PEZA hoping expansions will offset expected decline in new project proposals this year
THE Philippine Economic Zone Authority (PEZA) said registered investments for new projects are expected to decline in 2018 but is hoping expansion proposals will help take up the slack.
DoE threatens to revoke firm’s rights to Palawan exploration concession
THE Department of Energy (DoE) threatened to revoke the rights of Colossal Petroleum Corp. to a service area off the Palawan coast if it does not submit its work plan after winning Area 5 during the department’s last petroleum contracting round in 2014.