New ERC chairman sees rate review backlog cleared within four years
THE incoming chairman of the Energy Regulatory Commission (ERC) committed to clearing the backlog of rate reset applications within four years by streamlining the...
Deals with India seen unlocking economic ties, tourist exchanges
DEALS signed between India and the Philippines are expected to accelerate the growth of business exchanges and leisure travel, officials said.
In a statement on...
Port cargo volume up 5.48% in 2nd quarter
THE Philippine Ports Authority (PPA) said port cargo volume grew 5.48% in the second quarter, mainly driven by foreign shipments.
Citing preliminary data, the PPA...
PCCI plans five more trade missions this year
THE Philippine Chamber of Commerce and Industry (PCCI) said it will be participating in five more foreign trade missions this year to help attract...
U.S. 100% tariff plan on semiconductors ‘devastating’ for Philippines, industry association says
MANILA - A United States plan to impose 100% tariffs on semiconductors would be "devastating" for the Philippines, an industry leader said on Thursday.
The...
DBM to pre-select vetted infra projects for legislators
THE Department of Budget and Management (DBM) is working on creating a “menu” of ready-to-implement infrastructure projects for legislators to include in the budget,...
Potential Indian investors keen on PHL pharmaceuticals, infrastructure
POTENTIAL Indian investors have indicated their interest in pursuing pharmaceutical and infrastructure ventures in the Philippines, the Palace press office in Manila said.
It added...
Aklan plans terminal to attract more cruise visits to Boracay
BORACAY — Aklan province said it hopes to start construction of a cruise ship terminal this year to address growing demand from cruise lines...
JICA expediting Pasig-Marikina, Cagayan River flood control plans
THE Department of Public Works and Highways (DPWH) said the Japan International Cooperation Agency (JICA) has been tapped to help expedite the updating of...
July WESM rates rise on thin supply margin
ELECTRICITY PRICES on the Wholesale Electricity Spot Market (WESM) rose 3.1% in July as supply margins thinned, the Independent Electricity Market Operator of the...
Visayas grid yellow alert continues for third day
THE Visayas grid has been placed under yellow alert for a third consecutive day after power plants went on forced outage, limiting the system’s...
Injection molding firm Paintplas to invest P350M in Batangas facility
PAINTPLAS Global Corp. is set to invest over P350 million in a manufacturing plant in Batangas, the Philippine Economic Zone Authority (PEZA) said.
In a...