Power generators asked to explain high level of unscheduled outages

THE Energy Regulatory Commission (ERC) said on Wednesday that it has asked some generation companies (GenCos) to explain why their unplanned outages have exceeded...

Onion farmgate prices still falling, farmers say

FARMERS said on Wednesday that farmgate prices of onions in Pangasinan, Nueva Ecija and Occidental Mindoro have continued to decline, with some importers apparently...

The game-changing RMC No. 5-2024

By Olivia Erika Susa
In September, I wrote about a Supreme Court (SC) case covering the sale of satellite communications services by a non-resident corporation, which may potentially...

Sumitomo Mitsui to help steer more Japanese locators to PHL

THE Philippine Economic Zone Authority (PEZA) said it signed a partnership with Sumitomo Mitsui Banking Corp. (SMBC), which holds a minority share in Rizal...

Cement industry warns of layoffs amid dumping by Vietnam competitors

THE cement industry warned of further layoffs and reduced operations, citing declining demand and competition from imports being “dumped” onto the Philippine market from...

Philippines seeks to double halal industry output

THE Department of Trade and Industry (DTI) said it is aiming for a doubling in the halal industry’s output with the launch of the...

Ernst and Young unit to increase PHL headcount to 7,500

ERNST and Young unit EY Global Delivery Services (EY GDS) said it is planning to increase staffing to 7,500 in the next few years. “We...

Legislators seek more funding, bigger role for industry in upgrading vocational programs

LEGISLATORS said they support more funding and industry participation in developing technical-vocational education and training (TVET) to improve enrollees’ job prospects. A report by the...

Insurance regulator collections up nearly 4% to P518.69M

THE INSURANCE regulator said fee collections rose 3.83% in 2023 to P518.69 million, citing strong growth in product registration fees. The Insurance Commission said the...

UNDP touts ‘sponge city’ model amid looming regional water scarcity

THE “sponge city” model has been put forward as a possible strategy to deal with water scarcity in Southeast Asia, according to the United...

BoI to allow return of registrants to PEZA after WFH legal opinion

THE Board of Investments (BoI) said it will allow registered business enterprises (RBEs) to voluntary return to the jurisdiction of the Philippine Economic Zone...

Direct sugar procurement budget of P5B equivalent to 10-15% of harvest, SRA says

THE Sugar Regulatory Administration (SRA) said that the government’s direct procurement plan with a budget of P5 billion will have the capacity to acquire...