DBM sees signs of spending pickup despite fall in cash usage ratio
THE CASH utilization rate of government agencies slowed at the midyear mark, though the Budget department said it is seeing indications of a spending...
TransCo seeking AIIB, World Bank loans to cover backlog in FiT payments
NATIONAL Transmission Corp. (TransCo) has approached multilateral lending institutions Asian Infrastructure Investment Bank (AIIB) and World Bank for a loan of between P15 billion...
NFA Council says 11 express interest in July rice auction
ELEVEN exporters, mostly from Vietnam and Thailand, have expressed interest to participate in the government auction for the tax-free importation of 250,000 tons of...
WB, ADB may provide Marawi rehab assistance
TWO MULTILATERAL institutions may collaborate in pooling assistance grants for the rehabilitation of Marawi City, Socioeconomic Planning Secretary Ernesto M. Pernia said.
Mr. Pernia...
SN Power, Aboitiz JV’s Magat hydro project seen completed by November
SN ABOITIZ Power-Magat, Inc. (SNAP-Magat) is on track to finish its 8.5-megawatt (MW) run-of-river hydro-power facility in Ramon, Isabela in November, well within the...
Caraga, Zamboanga regions top study for vulnerable families
ABOUT FOUR in every 10 Filipino households has experienced poverty at least once in the previous three years, with two Mindanao regions leading the...
DoE weighs offers from 5 countries for LNG plant
By Victor V. Saulon, Sub-Editor
THE Department of Energy (DoE) has listed five countries that have shown “great interest” in participating in the government’s plan...
New oil and coal contracting round to cover 4.8-M ha. prospecting area
A NEW contracting round is in the works for petroleum and coal, the Department of Energy (DoE) said on Wednesday, in a move that...
Priority bill urged to improve water management
WATER industry stakeholders said priority legislation is needed to improve management of the resource, with proposed measures including a unified government body to oversee...
Moncano becomes sole director of MGB
MINES and Geosciences Bureau (MGB) Acting Director Wilfredo G. Moncano became the bureau’s sole head Monday after Concurrent MGB Director Mario Luis J. Jacinto...
SEC: Updates and innovation
Taxwise Or Otherwise -- By Cyril B. Pestilos
To acquire juridical personality, a partnership and a corporation must register first with the Securities and Exchange...
Economic team seeks urgent status for rice tariff bill to replace QR
THE GOVERNMENT’S economic managers will ask the President to certify as urgent the bill on lifting quantitative import restrictions on rice, replacing it with...