Remittances expected to bring rough balance to current account

By Melissa Luz T. Lopez, Senior Reporter THE sustained strength in monthly remittances will keep the current account in a modest deficit this year, as the...

Cagayan de Oro urbanization rate may outpace Davao region’s — NEDA

CAGAYAN DE ORO CITY -- Cagayan de Oro City, the regional center of Northern Mindanao, may overtake Davao in terms of urbanization over the...

DBM to implement gov’t restructuring by 2019

THE BUDGET department said it aims to fully implement a restructuring in government by removing redundant functions by 2019. Budget Secretary Benjamin E. Diokno said...

German firms to expand business process operations in Philippines, DTI says

THREE German companies are expanding their information technology and business process management (IT-BPM) operations in the Philippines in order to cater to the Asia-Pacific...

Review hopes to resolve issue of solar power generators locked out of FiT

THE review of the country’s feed-in-tariff (FiT) system by yearend will also cover the resolution of the “stranded” solar power capacity, the Department of...

Rice stocks fall over 20% — PSA

RICE inventories fell by over 20% as of June 1, while the corn sector managed to triple its stocks, the Philippine Statistics Authority (PSA)...

Ilocos farmers won’t abandon tobacco despite Sin Tax — mayor

LAOAG CITY, ILOCOS NORTE -- Tobacco production is not expected to dwindle almost five years since the Sin Tax reforms became law, with the...

Return of the BIR benchmarking program

Let’s Talk Tax By Richard R. Ibarra Some taxpayers have reported receiving Benchmarking Notices from the Bureau of Internal Revenue (BIR). As in most cases, any...

Clark is preferred airport project because of shorter timeline

AMID unsolicited proposals to establish new and modern airports in Bulacan and Sangley Point in Cavite, the government’s chief economic planner still views Clark...

Gov’t studying 6 power proposals for Laguna de Bay

THE Department of Energy (DoE) has accepted six project proposals that seek to use water from Laguna de Bay to produce power using pumped-storage...

MICC meeting this month to short-list mining experts’ panel

AFTER a hiatus following the rejection of former Environment Secretary Regina Paz L. Lopez by the Commission on Appointments in May, the Mining Industry...

BoI ahead of the pace on 2017 investment target

THE Board of Investments (BoI) said it expects registered investments to be worth P290 billion in the seven months to July, or nearly 60%...