DoF’s Dominguez calls P25-billion Mighty settlement ‘a good deal’
FINANCE Secretary Carlos G. Dominguez III said cigarette manufacturer Mighty Corp.’s P25-billion settlement offer to cover its tax liabilities “seems like a good deal,”...
DoE plans flexible rules for contestable power users
THE Department of Energy (DoE) is drafting a circular that will allow electricity consumers to move back to distribution utilities after they were required...
BSP still sees narrow BoP deficit by end-2017
MORE foreign capital and stronger remittance inflows expected during the second half of the year will help keep the country’s external payments position close...
Biomass plants being studied for FiT scheme
THE National Renewable Energy Board (NREB) is looking at a proposal to endorse biomass plants to receive a guaranteed rate for the electricity they...
APC says time is right for Agus, Pulangi rehab
DAVAO CITY -- One of the biggest power companies in Mindanao, Aboitiz Power Corp. (APC), has called for the rehabilitation of the two government-run...
The Agriculture potential: agri-value chain financing
Suits The C-Suite
By Christian G. Lauron and Ruben D. Simon, Jr.
In the last decade, the phrase “inclusive growth” has emerged as an axiom among...
PPP Center to assist LGUs in crafting projects
THE PUBLIC-PRIVATE Partnership (PPP) Center signed an agreement with a group of local government units (LGUs) last Tuesday in a bid to help them...
Monetary Board sees tax reform inflation impact only temporary
By Melissa Luz T. Lopez,
Senior Reporter
NEW TAXES expected to be in place by next year will likely have a one-off impact on inflation, the...
PNOC studying six proposals for LNG plant
THE Philippine National Oil Co. (PNOC) is evaluating six proposals from six countries to build an integrated liquefied natural gas (LNG) facility estimated to...
DoF accepts initial payment for Mighty Corp. tax liability from acquirer JT International
THE DEPARTMENT of Finance (DoF) said that it accepted yesterday an initial payment from JT International (Philippines), Inc. of P3.44 billion on behalf of...
Tugade sees completion of MRT-7 project by late 2019
DEPARTMENT of Transportation (DoTr) Secretary Arthur P. Tugade said the Metro Rail Transit (MRT)-7 project, which will connect North Avenue in Quezon City to...
PCCI warns delayed power deals could dampen growth
THE Philippine Chamber of Commerce and Industry (PCCI) said the long-delayed approval of power supply agreements (PSA) poses risks to the country’s energy security...