DoE signals annual review of power firms’ use of energy storage systems
THE Department of Energy (DoE) signaled plans to conduct annual reviews of the power industry’s use of energy storage systems (ESS).
In a draft circular,...
Responsible sourcing already embedded in current PHL fisheries laws, BFAR says
RESPONSIBLE seafood sourcing (RSS) practices are already encouraged in current fisheries policy, the Bureau of Fisheries and Aquatic Resources (BFAR) said.
At a briefing at...
Potential market for exports to Japan estimated at $107 billion
THE Department of Trade and Industry (DTI) said Philippine exports have the potential to expand significantly, with the country in a position to supply...
Marcos solicits infra investment in speech at Singapore conference
PRESIDENT Ferdinand R. Marcos, Jr. invited international investors on Wednesday to take part in the Philippines’ infrastructure program.
“We welcome foreign investors to take advantage...
ADB approves $303-M PHL flood risk management loan
THE Asian Development Bank (ADB) said on Wednesday that it approved a $303-million loan to the Philippines to help build resilience against floods and...
PHL to start avocado exports to South Korea this month
THE Philippines will start exporting Hass avocados to South Korea by the end of September, the Department of Agriculture (DA) said.
The DA said that...
Filipino-Chinese chamber supports rice tariff reduction
THE Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) has declared its support for a reduction in rice tariffs as a temporary...
BIR updates list of registered tobacco companies, brands
THE Bureau of Internal Revenue (BIR) said it has updated the list of registered manufacturers, importers, and exporters of tobacco and vapor products.
In a...
DoE preparing microgrid auction notice
THE Department of Energy (DoE) said on Wednesday that it is currently designing an auction process for qualified bidders interested in putting up microgrids.
“We...
PPP governing board to set fees for disqualified proponents filing appeals
THE Public-Private Partnership (PPP) Governing Board said it is working on guidelines governing appeals filed by prospective proponents who were eliminated at a project’s...
Estate tax amnesty: A refresher
By Kathleen C. Galano
Estate settlement entails huge tax payments. Prior to the TRAIN Law, the estate tax due was the aggregate of a specific base tax plus...
Single market seen boosting ASEAN resilience vs supply chain disruptions
THE Association of Southeast Asian Nations (ASEAN) needs to make further progress in creating a single market if it is to remain resilient in the face of disruptions to global supply chains, the bloc’s Secretary-General said.