Jeepney fare hike may be canceled if PUVs get bigger discount on fuel
THE COLLECTIVE group of five jeepney organizations said it is willing to withdraw a fare hike appeal to the Land Transportation Franchising and Regulatory Board (LTFRB) if the group will be allowed a P4 to P5 discount on fuel.
Realizing operational excellence
By Victor Gabriel Ona and Snigdha Verma
Often times when we meet business leaders, our discussions end up on the topic of how to improve their business operations. They quickly want to know how digitization, robotic process automation (RPA), the Internet of Things (IoT) or business process reengineering (BPR) could transform their business to become more customer-focused, efficient and effective. While these innovations could produce great gains in any organization, they represent only one side of the coin. The flip side is that employee behaviors play a substantial role in an organization’s productivity and effectiveness. It is rather unfortunate that 90% of leaders fail to recognize this.
Government debt posts slight decrease
THE NATIONAL government’s outstanding debt had a slight decrease in April “due to the stronger peso and third currency fluctuations,” the Bureau of the Treasury (BTr) said.
PIDS cites need for broader transparency in investment negative list
THE PHILIPPINE Institute for Development Studies (PIDS) wants to broaden the level of transparency in the government’s foreign investment negative list to aid prospective foreign investors in making more informed decisions.
Customs: Fuel-marking program under way
THE BUREAU of Customs (BoC) wants to implement the fuel- marking program by next month, as it seeks to cap more than half of the revenue leakages by yearend.
Energy department mulls sourcing of fuel from Russia, other countries
THE Department of Energy (DoE) said it was planning to source petroleum products from Russia and other countries that are not members of the oil cartel Organization of the Petroleum Exporting Countries (OPEC).
Opening of C3 Harbor Link targeted by Oct.
THE Department of Public Works and Highways (DPWH) and North Luzon Expressway Corp. (NLEx) are looking to open by October the NLEx Harbor Link Segment 10 connecting Karuhatan, Valenzuela City, to C3 road in Caloocan City.
House economic affairs panel adopts resolution on VAT exemptions in REIT
THE House economic affairs committee on Tuesday adopted a substitute resolution urging the Securities Exchange Commission (SEC) to revise its implementing rules and exempt the initial asset transfers to Real Estate Investment Trusts (REIT) from the value-added tax (VAT).
President signs ease of doing business measure into law
PRESIDENT Rodrigo R. Duterte signed into law late Monday the Ease of Doing Business and Efficient Government Service Delivery Act of 2018, which amends...
NPC assures of data privacy safeguards in nat’l ID
THE National Privacy Commission (NPC) said that the proposed national identification (ID) system sufficiently safeguards data privacy.
NPC Chairman Raymund E. Liboro said that the...
Palay farmgate price rises 8.71% year on year
THE farmgate price for palay, or unmilled rice, rose 8.71% year on year in the second week of May to P20.97 per kilogram (kg),...
PHL int’l air passenger traffic doubles since 2007, CAPA says
INTERNATIONAL air passenger traffic more than doubled between 2007 and 2017, the Center for Asia Pacific Aviation (CAPA), an Australian airline industry think tank,...