PSALM offers co-ops 90 MW in uncommitted capacity
THE Power Sector Assets and Liabilities Management Corp. (PSALM) told a House committee that it can make available to Luzon electric cooperatives 90 megawatts...
PHL, EFTA partners working to improve trade deal utilization
THE Philippines said it and the European Free Trade Association (EFTA) are working to improve utilization of their free trade agreement (FTA), which were...
Marriages surged in 2021 with easing quarantine
REGISTERED MARRIAGES rose sharply in 2021 as quarantine measures eased, the Philippine Statistics Authority (PSA) said in a report on Monday.
Citing preliminary data...
ASEAN trade show generates over P100M in sales leads for Philippine tourism industry
THE Tourism Promotions Board (TPB) said a regional trade show generated over P100 million in sales leads for 16 exhibitors from the Philippine tourism...
Bill seeking to leverage ODA with other funding sources filed in House
A BILL seeking to remove the exclusivity of official development assistance (ODA) in funding Philippine projects has been filed in the House of Representatives.
House...
Balisacan calls for economic model based on sustainable consumption
THE consumption-driven Philippine economy must be revamped to make it more sustainable, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said at...
BoC agenda puts digitalization front and center
THE new Bureau of Customs (BoC) commissioner said digitizing the bureau’s process is his main priority, with the aim of making governance more data-driven.
“I...
Post review of transactions
By Richard R. Ibarra
Today, we are celebrating Valentine’s Day, which many will celebrate by giving flowers or boxes of chocolate, or by arranging dinner dates or visits...
Money ‘mule’ incidents in 2021 spike as digital banking surges
MONEY “mules” generated 732,392 suspicious-transaction reports (STRs) in 2021, up 1,277.09%, the Anti-Money Laundering Council (AMLC) reported.
The AMLC said the STRs spiked with the...
Mindanao-Visayas grid link starts testing phase in March
THE Independent Electricity Market Operator of the Philippines (IEMOP) said the project linking the power grids of the Visayas and Mindanao is expected to...
Sugar industry calls for broad participation in import program
THE sugar industry has called on the government to admit all interested parties, including sugar producers, industrial users, and accredited traders to the proposed...
AmCham hoping for more regular SRP bulletin releases
THE American Chamber of Commerce of the Philippines (AmCham) said it is counting on the Department of Trade and Industry (DTI) to more regularly...