MGB says automatic renewal looms for exploration periods

SENATOR Sherwin T. Gatchalian, who chairs the chamber’s committee on energy, has proposed a measure to do away with the initial public offering (IPO) requirement for power generation companies (gencos) to increase the sector’s attractiveness to potential entrants.

THE BOOK industry will sustain P240 million in losses from teaching materials reproduced by the Department of Education (DepEd) without a licensing agreement, a copyright organization said.

THE National Water Resources Board (NWRB) is working with the Department of Science and Technology (DoST) on programs to improve the monitoring of the country’s water resources.  

CONFIRMED cases of African Swine Fever (ASF) are now only detectable in 19 barangays in various parts of the country, the Bureau of Animal Industry (BAI) said. 

A FORMER National Renewable Energy Board (NREB) official has proposed that regulators assist power producers in obtaining visas for foreign technicians to expedite power plant repairs.

TEACHING MATERIALS used by the Department of Education (DepEd) should not be reproduced in violation of copyright even during emergencies like the pandemic, a licensing organization said.

AREAS PLANTED to hybrid rice are expected to outperform other varieties by a wide margin, with observed yields so far of as much as 12 tons per hectare (t/ha), the Department of Agriculture (DA) said.

THE Insurance Commission (IC) said it has now been cleared to take a unit of College Assurance Plans Philippines, Inc. (CAPPI) into conservatorship, after the Supreme Court (SC) barred the pre-need firm from selling the subsidiary to support its rehabilitation.

The transfer pricing compliance requirements introduced by the Bureau of Internal Revenue (BIR) in July 2020 are believed to be game-changers for taxpayers to ensure that their transactions with their related parties are planned, executed, and carried out in the same manner as dealing with independent third parties — what is called the “arm’s-length principle” or ALP.

THE SENATE majority hopes to approve on third reading by August two priority economic measures that will ease restrictions on foreign investors.

PRESIDENT RODRIGO R. Duterte’s executive order directing the devolution of certain National Government functions to local government units (LGUs) could end up displacing civil servants, according to a union of public-sector workers.