BoC opens one-stop-shop facility at Subic

THE Bureau of Customs (BoC) said it opened on June 1 a one-stop-shop (OSS) trade facility at the Tipo, Subic Bay Metropolitan Authority (SBMA)...

Sugarcane output seen approaching 2.5 million MT

SUGARCANE production may hit 2.5 million metric tons, the Sugar Regulatory Administration (SRA) said, with favorable weather boosting output and the numbers firming up...

DoE, DPWH agree on guidelines for transfers of power facilities

TWO GOVERNMENT departments have signed a joint circular that will guide electric cooperatives on a unified mechanism concerning relocation of their power facilities that...

Toothless penalty?

Let’s Talk Tax Francis B. Rebuldela On Aug. 19, 2013, the Supreme Court (SC) decided in the case of Deutsche Bank AG Manila Branch vs. Commissioner...

NGCP testing system to power Samar, Leyte, Bohol from Cebu

NATIONAL GRID Corp. of the Philippines (NGCP) said it had created a “bypass line” that would allow Samar, Leyte and Bohol to receive power...

Sasa delays to dampen Mindanao growth — DoF

DELAYS in the improvement of Davao City’s Sasa port are expected to temper the rapid growth of Mindanao’s trade and industry hub, according to...

PPA focusing on Ro-Ro with P4.6-B budget in 2017

THE Philippine Ports Authority (PPA) has budgeted P4.638 billion to finance port development projects this year as the agency prioritizes rehabilitation and expansion of...

Government borrowing rises 10% in May led by overseas project loans

GOVERNMENT borrowing grew over 10% in May due to a rise in external project loans during the month, according to the Bureau of the...

DoE wants to adjust e-tricycle acquisition process

THE Department of Energy (DoE) wants the terms of the electric tricycle (e-tricycle) project to be revised to allow private sector participation after local...

Inflation elusive, but world’s central bankers are getting twitchy

LONDON -- A significant pickup in inflation still remains tantalizingly out of reach in most developed economies -- aside from asset prices -- yet...

The Green Path: the road to sustainable development

Suits The C-Suite By Conrad Allan M. Alviz All of us are under threat. Because of human activity, our planet is now out of balance. Earth’s...

Philippines, Japan firm up infrastructure partnership

THE COUNTRY’S economic team and its Japanese counterpart moved to streamline infrastructure implementation as they firmed up the list of Japan-funded projects during their...