PHL growth to lag behind region — Nomura
PHILIPPINE economic growth is likely to lag behind the region due to its low vaccination rate and weak fiscal support, Nomura Global Research said...
Agricultural damage from typhoon hits P11.5 billion
AGRICULTURAL DAMAGE from Typhoon Odette (international name: Rai) has reached P11.5 billion, according to data from the Department of Agriculture (DA).
This is equivalent to 405,921 farmers...
DoF expects passage of remaining tax reform measures this year
THE Department of Finance (DoF) is optimistic that Congress will pass the Duterte administration's final tax reform packages this year.
Finance Secretary Carlos G. Dominguez...
MRT-7 now 62.1% complete
THE Metro Rail Transit Line 7 (MRT-7) is now 62.1% complete, Transportation Secretary Arthur P. Tugade said in a social media post on Friday.
“...
NGCP working to reconnect transmission lines affected by Typhoon Odette
THE National Grid Corp. of the Philippines (NGCP) said permanently reconnecting Bohol to Leyte transmission lines affected by Typhoon Odette last month is still...
From trash to cash: waste pickers help stem the plastic pollution tide, earn thousands
The world’s ability to produce waste outpaces its ability to manage it. In Cavite, informal waste pickers are helping stem the plastic pollution tide...
DoE clears path for RE companies to become eligible for incentives
THE Department of Energy (DoE) said on Thursday that will move to ease the requirements for renewable energy (RE) companies seeking to avail of incentives, including a 10% tax rate, in order to support more sustainable and clean-energy investment.
ARTA to simplify port access with unified logistics pass
THE Anti-Red Tape Authority (ARTA) said it will launch this month the Unified Logistics Pass (ULP) to simplify requirements for companies moving goods from the ports and economic zones.
Typhoon agriculture damage estimate rises to P11.1B
THE ESTIMATE of agricultural damage caused by Typhoon Odette (international name: Rai) has been raised to P11.1 billion, according to the Department of Agriculture (DA).
Duterte signs rice farmer cash assistance bill into law
PRESIDENT Rodrigo R. Duterte has signed into law a bill authorizing direct monetary assistance to rice farmers, who are among the hardest-hit members of the industry as a result of the pandemic.
Credit card fraud incidents rise as use of digital channels soars
CREDIT CARD fraud incidents have risen 21% during the pandemic with the more extensive use of digital payment channels, according to the Credit Card Association of the Philippines (CCAP).
SSS members reporting more fraud
THE Social Security System (SSS) said on Thursday that it has taken note of an increase in fraud incidents being reported by its members.