PHL, Japan make major progress in expediting ODA infrastructure

CABINET OFFICIALS from the Philippines and Japan have made “significant” progress in reducing potential delays for projects to be funded by Japanese Official Development...

PHL to be a wind-energy leader with clearer renewables policy

THE PHILIPPINES could become a leader in the Asia Pacific in developing wind energy because of “unique” conditions for exploiting the resource, but needs...

ASEAN to push ‘clean’ coal technologies

THE 10 member states of the Association of Southeast Asian Nations (ASEAN) are aiming to “enhance the image of coal” by promoting “clean” technologies,...

Strong domestic output could cut rice imports

THE GOVERNMENT could reduce the volume of rice imports next year amid expectations of strong domestic production in late 2017. The National Food Authority’s (NFA)...

DICT to bid out Cyber Security Plan contract by yearend

THE Department of Information and Communications Technology (DICT) said it plans to put up for auction before the end of the year an outsourcing...

Industry lobby calls for removal of sugar-sweetened beverage tax

THE Federation of Philippine Industries (FPI) said there is no basis for the health claims behind the proposed sugar-sweetened beverage tax, adding that the...

Spending data point to 6.5% GDP growth in Q3, ING says

By Melissa Luz T. Lopez, Senior Reporter GROWTH likely hit 6.5% during the third quarter, an analyst at a global bank said, citing the milder-than-expected pickup...

GOCC board approval to be required for subsidies

SUBSIDIES to state-run firms will now require prior approval from the Governance Commission for Government-owned and -controlled corporations (GCG) board before they are granted,...

House considering amendments to REIT law

HOUSE ECONOMIC affairs committee Chairman Arthur C. Yap is considering the possibility of filing amendments to the Real Estate Investment Trust (REIT) Act of...

Malaysia, Thailand, Laos to sign energy-trading deal

MALAYSIA, Thailand and Laos are set to sign a deal that will allow electricity trading among the three countries in a move that takes...

DoE says no plans to extend FiT for biomass, river projects

THE Department of Energy (DoE) said it is not inclined to extend the feed-in-tariff (FiT) for biomass and run-of-river hydro beyond the scheme’s scheduled...

Tax Reform for individuals: Fairer, but is it simpler?

Marie Fe L. Fawagan-Dangiwan
Various portions of the Tax Code of 1997 will be deemed obsolete once the President approves the first package of the Tax Reform and...