PCC asked to look into alleged market manipulation in pork imports
A LEGISLATOR called on the Philippine Competition Commission (PCC) on Wednesday to investigate possible market manipulation in pork imports, resulting in high prices.
DoE orders agencies to ensure continuous power supply after quarantine restrictions renewed
THE DEPARTMENT of Energy (DoE) said it has ordered its oil and electric power bureaus to ensure the unimpeded delivery of power during the reimposition of stricter forms of quarantine on parts of the country.
NCR records pickup in wholesale price growth of building materials
GROWTH in the wholesale price of construction materials in Metro Manila hit a 16-month high in February to 2% year on year, according to the Philippine Statistics Authority.
Regulator says power distributors need to tap more renewable energy to meet 2040 target
AN ENERGY regulator said distribution utilities need to tap more power from renewable sources if the Philippines is to meet the projected goal of a 55.8% share of renewable energy (RE) in the power mix by 2040.
Agricultural trade falls 6.8% by value in fourth quarter
AGRICULTURAL trade fell 6.8% year on year to $4.66 billion in the fourth quarter, reflecting a decline in both exports and imports, the Philippine Statistics Authority (PSA) said.
DoE extends deadline for RE firms to apply for safety officer permits
THE Department of Energy (DoE) told registered renewable energy (RE) developers that it will extend the deadline to apply for safety officer permits (SOP) to the end of March.
WWF Philippines, BPI Foundation tie up to establish hydroponic farms
WORLD WIDE Fund for Nature (WWF) Philippines and the Bank of the Philippine Islands (BPI) Foundation said they have entered into a partnership to establish so-called “food sheds” — modular, multilevel hydroponic farming structures — in rural areas.
Two more prospective LNG terminal builders seek permits
THE DEPARTMENT of Energy (DoE) said Tuesday that it is evaluating applications filed by two parties seeking to build liquefied natural gas (LNG) terminals.
ANZ sees 2021 Philippine GDP growth at 7.1%
GROSS DOMESTIC PRODUCT (GDP) growth in 2021 is expected to hit 7.1%, though consumption could remain cautious with household incomes still under pressure from the economic downturn, according to ANZ Research.
ARTA asks agencies to extend permit validity due to mobility curbs
THE Anti-Red Tape Authority (ARTA) has asked government agencies to extend the validity of permits while the public faces mobility restrictions during the pandemic.
Farm industry lobbying for increased tariffs on pork, calls importers’ profits excessive
A FARM industry association, Samahang Industriya ng Agrikultura (SINAG), has proposed an increase in tariffs for imported pork to the Tariff Commission.
Unions pressing for right to opt out of pension contributions
UNIONS said a proposed pension scheme needs to be established on the basis of voluntary worker contributions, saying that deductions from pay could be too burdensome.