Employers call on government to bear cost of random testing
EMPLOYERS rejected a Health department’s proposal for business owners to conduct random coronavirus disease 2019 (COVID-19) testing on workers every two weeks, and called on the government to cover the cost of maintaining public health.
Ride-share firms allowed to charge P50 cancellation fee
THE Land Transportation Franchising and Regulatory Board (LTFRB) has allowed transport network companies (TNCs) to charge a cancellation or no-show fee of P50.
Trade department seeking P500 million to fund shared facilities
THE Trade department is requesting P500 million to fund equipment to be shared by micro, small, and medium-sized enterprises (MSME) in 2021.
Tourism investment in 2019 at P569B
INVESTMENT in tourism totaled P569.09 billion in 2019, providing a pre-pandemic baseline for spending in an industry expected to undergo a long recovery in the next few years.
NIA planning more hydro, floating solar power projects
MORE floating solar and hydroelectric power projects are being planned at sites to be selected by the National Irrigation Administration (NIA).
Palay Q2 output estimate upgraded to 4.12 million MT
PRODUCTION estimates for palay, or unmilled rice, for the second quarter were upgraded slightly to 4.12 million metric tons (MT), up 0.13% year on year, the Philippine Statistics Authority (PSA) said.
PSALM conducts pre-bid sessions for Cavite Mindanao, assets
THE Power Sector Assets and Liabilities Management Corp. (PSALM) said it conducted pre-bid sessions for assets in Mindanao and Cavite with the combined floor price set at P39.34 million.
PHL foreign debt load half of Asian financial crisis levels
THE Department of Finance (DoF) said the Philippines is well-positioned with low levels of foreign debt load during the pandemic, which compares favorably with its standing during the Asian financial crisis, during which the debt load was more than double current levels.
Dealing with climate change remains ‘top priority’ for gov’t
CLIMATE CHANGE remains a top priority for the national government even as it deals with the coronavirus disease 2019 (COVID-19) outbreak, Environment Secretary Roy A. Cimatu said.
Duterte departing from renewables pledge, NGO says
PRESIDENT Rodrigo R. Duterte is not fulfilling his pledge to encourage the development of renewables after making a push for coal-fired energy in his home region of the southern Philippines, a non-government organization (NGO) said.
WESM ethics code nearing effectivity date
A CODE of ethics for electricity spot market participants is weeks away from completing the period for soliciting public comment on the draft rules.
DICT proposes bigger budget for national broadband program
THE Department of Information and Communications Technology (DICT) said it is proposing a P13.49-billion budget to implement the national broadband program next year, much bigger than this year’s budget of P296.46 million.