Open-pit mining environment impact seen outweighing economic benefits
THE return of open-pit mining promises a boost to the economy, possibly at the expense of degrading the environment and living conditions for residents near the mines, a University of the Philippines (UP) academic said.
DoE endorsed 279 power projects seeking ERC clearance in 2021
THE Department of Energy (DoE) said it endorsed 279 power generation facilities applying to be certified by the Energy Regulatory Commission (ERC) in 2021.
Legislators tout open access bill as recovery driver
LEGISLATORS said they expect a bill which they co-authored to improve competition in the digital services industry, helping propel the economy’s recovery, ultimately reducing poverty.
Accelerating growth in the post-pandemic world
By Smith C. Lim
As the pandemic continues to impact businesses across global economies, it has also fueled a reset in strategy for many organizations who now place focus on thriving instead of merely surviving.
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.