Net external liabilities fall in Q1, BSP says
THE COUNTRY'S net external liability position declined in the first quarter of 2017 despite persistent volatility on global markets, the Bangko Sentral ng Pilipinas...
Napocor to remit additional P3.44 billion to government
THE DEPARTMENT of Finance (DoF) said the National Power Corp. agreed to pay P3.44 billion in dividends, including those in arrears, with the proceeds...
Davao flights part of Qatar air deal
THE PHILIPPINES recently sealed a new air service agreement with Qatar that added more flights to the route and a commitment from Doha to...
Review of REIT rules focused on PHL reinvestment
FINANCE Secretary Carlos G. Dominguez III said perks given to Real Estate Investment Trusts (REIT) may not be generating an adequate return for the...
NEDA asked for guidelines on which infrastructure projects are suitable for public-private partnerships
THE PPP CENTER has asked the National Economic and Development Authority (NEDA) to come up with guidelines for assessing the best mode to implement...
SL Agritech signs Bangladesh trial planting deal for hybrid rice
HYBRID RICE producer SL Agritech Corp. has signed a memorandum of agreement with Bangladesh’s EnP Solutions Ltd for trial production there of one of...
DMCI restores power supply to Masbate
DMCI Masbate Corp. has agreed to temporarily restore its power supply with Masbate’s electric cooperative as the two discuss ways to resolve the distribution...
Central bank bolsters finance sector against hacking, cybercrime
Oxford Business Group
THE CENTRAL BANK has stepped up efforts to protect the banking industry from hacking and theft by approving a series of new...
Hope in pending VAT claims
Let’s Talk Tax -- By Wendell D. Ganhinhin
It is usual in the Philippines that the same tax law provision has been interpreted...
Consumer group wants smuggling law expanded
CC) says that the law classifying large-scale smuggling of agriculture products as economic sabotage should be extended to other products to ensure consumer protection.
Following...
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...