Energy department suspends Mindanao spot market consultation on proposed rules
THE Department of Energy (DoE) has put on hold the acceptance of comments for the draft rules covering the launch of a wholesale electricity...
Calamity budget deemed inadequate
A BUDGET of P750 million may be “tight” for electric cooperatives seeking to restore services after calamities given the magnitude of the recent typhoons...
Bird flu import ban seen boosting poultry industry
DAVAO CITY -- Import bans on poultry products including dressed and deboned chicken, duck and eggs, following outbreaks of bird flu in Europe and...
ECCP ‘encouraged’ by IPP draft
THE European Chamber of Commerce of the Philippines (ECCP) said that the new Investment Priorities Plan (IPP) will help address certain “pressing issues” on...
DA says 2-tier tax will bring hardship to tobacco industry
AGRICULTURE Secretary Emmanuel F. Piñol said legislation to impose a two-tiered tax system on cigarettes will bring hardship to tobacco farmers who are still...
DoF tax reform package too aggressive — Angara
THE Senate committee on ways and means will seek to temper the first tax reform package of the Department of Finance (DoF), with the...
Italy in push to boost ASEAN trade
ITALIAN DIPLOMATS in Southeast Asia have been given a directive by their Ministry of Foreign Affairs and International Cooperation, known as Farnesina after its...
Understanding VAT refunds
(Third of three parts)
In the second part of this series, we discussed some pointers that companies may wish to consider before filing an application...
Key Cabinet members in China to pursue talks on investment deals
THE CABINET'S economic team, including the Transportation and Public Works Secretaries, is due in Beijing today to bring forward talks on the $15-billion investment...
Sun Life sees PHL GDP growth of 6.8%-7% in 2017
SUN LIFE of Canada (Philippines), Inc. remains bullish about the Philippine economy in 2017 despite persistent global uncertainties, with a growth estimate of 6.8%-7%...
Inflation seen manageable despite 2017 uptick — DoF
INFLATION will likely pick up in the near term due to a recovery in oil prices after oil-exporting countries reduced their output of crude...
Mindanao power supply to stabilize, needs more renewables in mix
By Carmelito Q. Francisco
Correspondent
DAVAO CITY -- When President Benigno S. C. Aquino III took his oath as the President of the Philippines in 2010,...