Draft bill raises tax cut of LGUs where plants are located
A DRAFT bill from the Department of Interior and Local Government (DILG), prepared with the assistance of the Asian Development Bank (ADB), hopes to...
DBP signs P9.5-B loan deal for construction of Clark gov’t center
THE Development Bank of the Philippines (DBP) signed a P9.5- billion loan deal with the construction firm AlloyMTD Holdings Philippines, Inc. for the development...
DoE orders oil firms to report cost breakdowns
THE Department of Energy (DoE) plans to require oil companies to report the breakdown of the costs that go into the pricing of fuel.
“Identification...
Chamber sees growing Korean interest in PHL English programs, jobs
SOUTH Korean students are expected to try their hand at landing jobs in the Philippines, starting with visits to improve their command of the...
Foreign expert recommends better targeting for cash transfer program
A GOVERNMENT think tank said a foreign expert is calling for a review of the conditional cash transfer (CCT) program to ensure that only...
Foreign tech start-ups considering PHL — DTI
FOREIGN technology start-ups are considering locating in the Philippines, based on feedback from a venture capital conference, the Department of Trade (DTI) said.
Trade Secretary...
Phoenix Petroleum breaks ground on JV asphalt plant in Batangas
PHOENIX Petroleum Philippines, Inc. has broken ground on an asphalt facility it is building with local and foreign partners in Calaca, Batangas.
The project, under...
Six gov’t agencies set to move to New Clark City
THE Bases Conversion and Development Authority (BCDA) said six more government agencies are set to transfer to New Clark City (NCC) after President Rodrigo...
Clark Dev’t Corp. targets 40% growth in exports
CLARK Development Corp. (CDC) said it hopes to increase exports by 40% this year after a record rise in 2017.
CDC President and Chief Executive...
Domestic air travel market seen growing despite Boracay closure as other markets develop
AVIATION think tank Centre for Asia Pacific Aviation (CAPA) said the domestic air travel market will continue growing this year despite the six-month closure...
Davao Food Complex expected to boost agri share of GRDP
DAVAO CITY -- The P1.02-billion Davao Food Complex project, which was approved by the National Economic and Development Authority (NEDA) Board at the end...
On TRAIN 2 — Are we excited to board?
By Maricel P. Katigbak
It has been months since the Tax Reform for Acceleration and Inclusion (TRAIN) 1 took effect, on Jan. 1. There were mixed sentiments from...