IT-BPM, renewable energy considered potential targets for Spanish investors
THE Department of Trade and Industry (DTI) said it considers information technology (IT), renewable energy (RE), green metals, manufacturing, and agro-logistics to be potential...
ADB backs carbon pricing to reduce emissions from global value chains
THE Asian Development Bank (ADB) expressed support for carbon pricing schemes that will help developing Asia make global value chains more sustainable.
In its “Asian...
Interesting updates on interest expense
By Nikkolai F. Canceran
In last week’s article, my colleague discussed the new rules on the treatment of foreign currency transactions for internal revenue tax purposes. That article...
RE transition seen accelerated by Maharlika fund investments
ENERGY investments by the Maharlika sovereign wealth fund are expected to help ramp up the renewable energy (RE) buildout, a think tank said.
Favorable beverage tax outcomes depend on ‘efficient design’ — WB
POSITIVE OUTCOMES from a sugar-sweetened beverage taxes like reduced consumption and improved health will depend on how well the tax is designed, the World...
Energy dep’t seeking to gauge major data centers’ RE needs
THE Department of Energy (DoE) said it has asked hyperscale data center developers to submit their plans to draw power from renewable sources in...
Privatization office raises P1.94 billion in 2023
THE Department of Finance (DoF) said its Privatization and Management Office (PMO) generated P1.94 billion last year, far exceeding its target.
The DoF reported that...
Philippine, Spanish business chambers aim for more manufacturing investment
THE partnership between Philippine and Spanish business chambers will be a platform for bringing in more investment in manufacturing and technology, the Spanish ambassador...
Foreign ownership reform ‘missing piece’ of PHL economic puzzle
An overhaul of foreign ownership rules is the “missing piece” in transforming the Philippine economy, according to an official of Singapore investment company JJ...
How public-private partnerships drive sustainable growth
By Marie Stephanie Tan-Hamed and Neil Paurom
Public-private partnerships (PPPs) are powerful tools for driving economic progress, particularly in rapidly growing economies like the Philippines. To sustain this high-growth trajectory and...
January NCR retail price growth nears 2-year low
Retail price growth in the National Capital Region (NCR) eased to its slowest pace in 23 months in January as food prices eased, the...
LANDBANK, DBP may be allowed to list shares
THE Department of Finance (DoF) said it is drafting bills to amend the charters of the two major state-owned banks, including provisions that will allow them to list shares.