China loan for PNR south long-haul rail line still being negotiated

THE PHILIPPINES is still negotiating with China on the loan that will finance the South Long-Haul project, the Philippine National Railways (PNR) said on...

ERC rejects NGCP petition to amend rules on transmission wheeling rates

THE Energy Regulatory Commission (ERC) said it rejected a petition by the National Grid Corp. of the Philippines (NGCP) to revise the 2022 Amended...

DTI cites need to make workforce, students ready for AI introduction

TRADE Undersecretary Rafaelita M. Aldaba said workers and students must be prepared for the looming introduction of artificial intelligence (AI), particularly generative AI. Ms. Aldaba,...

Maharlika, OFW protections seen topping President’s Saudi agenda

PRESIDENT Ferdinand R. Marcos, Jr. is expected to promote the newly established sovereign wealth fund and discuss protections for overseas Filipino workers (OFWS) during...

‘Smart and green’ infra being readied to serve offshore wind industry

THE Department of Energy (DoE) said the nascent offshore wind industry will be served by “smart and green” infrastructure to link the wind turbines...

Multiple ASF, avian influenza vaccines undergoing testing

THE Department of Agriculture (DA) said on Monday that it has received applications from various companies seeking to introduce African Swine Fever (ASF) and...

Awards body names PHL top cruise ship destination in Asia

THE PHILIPPINES was named Asia’s Best Cruise Destination 2023 by the World Cruise Awards, the Department of Tourism (DoT) said on Monday. In a statement,...

NGCP asked to submit ECCs, contracts ahead of review

THE Energy Regulatory Commission (ERC) has asked the National Grid Corp. of the Philippines (NGCP) to submit environmental clearances and project contracts to support...

PRA values Manila Bay reclamation property investments at nearly P23 trillion

RECLAMATION projects around Manila Bay will attract investments in vertical property development worth P23 trillion, with an additional P1.95 trillion expected in low-rise “horizontal”...

BIR seizes P604M worth of perfume, other scented products

THE Bureau of Internal Revenue (BIR) seized over 390,000 bottles of perfume and eau de toilette valued at P604.3 million in foregone excise tax. In...

Exporter ease of doing business seen enhanced by suspension of LGU tolls

THE suspension of pass-through fees with the issue of Executive Order No. 41 is expected to enhance the ease of doing business for exporters...

DTI engages fulfillment company to support halal small businesses

THE Department of Trade and Industry (DTI) said it signed a memorandum of understanding with DK P.O. Fulfillment Co., Inc. (DKPO) to offer non-interest...