PPA warns dev’t mission to suffer if commercial function prioritized
THE Philippine Ports Authority (PPA) said it hopes legislators will consider the developmental role played by the agency under its current setup of acting...
Glencore interested in expanding PHL in-country mineral processing
SWISS multinational Glencore plc is hoping to support Philippine plans to expand in-country mineral processing, Trade Assistant Secretary Glenn G. Peñaranda said.
In a briefing...
USAID backs project to upgrade tech manufacturing skills
THE United States Agency for International Development (USAID) has partnered with the ICCP Group Foundation, Inc., a non-profit affiliated with an economic zone developer,...
LANDBANK in agri tech, dev’t financing tieup with Israel
THE Land Bank of the Philippines (LANDBANK) said it is collaborating with the government of Israel to share technology and best practices in agriculture...
Onion shipments total 1,200 MT five days before import deadline
THE Department of Agriculture (DA) said on Monday that 1,200 metric tons (MT) of imported onions have arrived in the Philippines, five days before...
VAT zero-rating application never goes out of style
By Marie Abigail C. Geluz
Various changes relative to VAT have been implemented through the years. It cannot be denied that with the removal of the cross-border doctrine relative...
SteelAsia, Chinese group to build P108-billion integrated facility
STEELASIA Manufacturing Corp. said it entered into an agreement with a Chinese steelmaker to construct a P108-billion integrated steel facility at a location yet...
Maharlika fund billed as means of addressing power, food security
SPEAKER Ferdinand Martin G. Romualdez said on Sunday that the Maharlika Investment Fund (MIF) bill will help address rising electricity and fuel prices.
DPWH seeking China grants for Visayas, Mindanao bridges
THE Department of Public Works and Highways (DPWH) is hoping to obtain “grant assistance” from the Chinese government for bridges in the Visayas and Mindanao.
DBM considering ‘green’ standards for gov’t procurement
THE Procurement Service (PS) of the Department of Budget and Management (DBM) is planning to impose a green public procurement (GPP) standard to ensure...
Pushback to ‘holiday economics’ centers on disadvantages for no-work, no-pay employees
PROPOSALS to enact a “holiday economics” measure will help prop up tourism as a pillar of the recovery, analysts said, but such a policy...
PHL-Israel trade not seen sufficiently developed to warrant FTA
THE PHILIPPINES and Israel have not yet reached the point in their trade relationship that warrants a free trade agreement (FTA), Ilan Fluss, Israel’s...