EU more dependent on Russian gas despite bid to diversify
DESPITE repeatedly vowing to reduce its energy dependency on Moscow, Europe is more reliant on Russian gas than ever before — and there are...
Organizations with happy, passionate and tireless people
By Marnelli Eileen J. Fullon
Many of us dream of becoming a hero when we grow up. We want to make a difference. As we grow older, we realize...
SBITC sees better performance this year
SUBIC BAY International Terminal Corp. (SBITC) sees its performance improving this year, buoyed by both the government and private sector’s interest to invest in...
BoI eyes declaration of Marawi as less developed area
THE BOARD of Investments (BoI) on Friday proposed to include the city of Marawi and the surrounding towns to be included in the list...
Corporate tax incentives estimated at 2% of GDP
REVENUE foregone by the government via incentives to large enterprises totaled P301 billion in 2015, equivalent to 2% of the economy, the Department of...
Rice import reforms could ease inflation — BSP
By Melissa Luz T. Lopez,
Senior Reporter
REPLACING rice import quotas with tariffs could help soften the impact of higher taxes on inflation, the Bangko Sentral...
Meralco customers’ power usage growth slows to about 4.9%
MANILA ELECTRIC Co. (Meralco) said power usage within its franchise areas rose about 4.9% by volume in 2017, lower than the growth posted in...
LandBank deal to acquire Postbank cleared by regulator
THE Philippine Competition Commission (PCC) approved the acquisition by Land Bank of the Philippines of Philippine Postal Savings Bank, with the latter intended to...
Brain drain hits PHL but ‘relatively attractive’ to expats — IMD
THE PHILIPPINES is in a tier of countries affected by brain drain but remains somewhat attractive to expatriate workers, international business school IMD said,...
Wood industries ecozone planned for PICOP plantations
THE Philippine Economic Zone Authority (PEZA) is considering agro-forestry economic zone status for plantations operated by the defunct Paper Industries Corp. of the Philippines...
Budget underspending likely fell under 1% in 2017 — DBM
THE RATE of underspending on budgeted funds likely fell to less than 1% in 2017, due to a shift to cash-based appropriations, the Department...
ADB signs loan deal for southern road and bridge construction
THE GOVERNMENT and the Asian Development Bank (ADB) signed on Wednesday a loan agreement for a series of road projects in the southern Philippines,...
