Transport dep’t says Mindanao rail groundwork proceeding
GROUNDWORK for the Mindanao Railway Project (MRP) Phase 1 will continue despite budgeting issues, the Department of Transportation (DoTr) said.
Bangsamoro ecozone agency bill filed in region’s parliament
A BILL that will establish a Bangsamoro ecozone agency, similar to the Philippine Economic Zone Authority, has been filed at the autonomous region’s parliament.
Gov’t support for EVs seen crucial in attracting investment
A BILL establishing government support for the electric vehicle (EV) industry will send a signal to consumers and potential investors that such technology is here to stay and may lead to the Philippines becoming an export base for EV products, an industry association said.
Crop insurance agency ordered to report financial condition by Oct. 7
FINANCE Secretary Carlos G. Dominguez III ordered the Philippine Crop Insurance Corp. (PCIC) to report on its financial condition and assess its contingent liabilities to the corporation’s newly-reorganized board on Oct. 7.
BoC investigating possible misdeclaration of palm oil imports
THE Bureau of Customs (BoC) has begun looking into palm oil imports in response to concerns expressed by the coconut industry of rampant misdeclaration to avoid taxes.
Closing books in the new normal
By Aaron C. Escartin
As the world continues to adjust to the changes wrought by COVID-19, previously small annoyances in closing the books of a company can turn into significant hurdles. While it was sometimes already challenging to close books pre-pandemic, the difficulty of the task is now compounded by new stressors such as strained technology resources, a distributed workforce, and even personal concerns regarding health and finances.
Upper-middle-income goal likely attainable by 2023
THE GOVERNMENT'S goal to make the Philippines an upper-middle-income country will likely be delayed by three years to 2023 due to the coronavirus disease...
DoTr signs MRT-4 design contract agreement
THE Department of Transportation (DoTr) on Friday signed a contract agreement for the detailed architectural and engineering design of the Metro Rail Transit Line...
USAID to help DA improve fisheries sector
THE United States Agency for International Development (USAID) has signed a memorandum of understanding (MoU) with the Department of Agriculture (DA) to improve the...
SEC, DICT ink agreement for cybercrime prevention programs
THE Securities and Exchange Commission (SEC) has signed an agreement with the Department of Information and Communications Technology (DICT) for cybercrime prevention initiatives.
The memorandum...
DTI backs opening nearly all firms regardless of alert level
TRADE SECRETARY Ramon M. Lopez said he supports allowing most businesses to open regardless of alert level, restricting only their capacity levels when infections surge.
Palace studying request to defer SSS contribution hike
The Palace said Thursday that it will look into postponing a scheduled social security contribution hike, as requested by businesses and labor leaders.