FRANKFURT — Germany’s energy regulator on Tuesday set a Sept. 1 bidding date for a first auction inviting operators of hard coal-fired power stations...

PERMITS for telecommunications towers will be automatically approved seven days after all requirements are completed, the Anti-Red Tape Authority (ARTA) said, applying the rules of the ease of doing business law to undo the bottleneck in the tower permit process.

THE Bureau of Customs (BoC) collected P303.132 billion in the seven months to July, down 16.3% year on year because of the disruptions to trade caused by the pandemic and lockdown.

RICE TARIFFICATION took away from farmers P27.1 billion in revenue, with the trade-off being cheaper rice for consumers, the Bangko Sentral ng Pilipinas (BSP) said, citing the results of a study.

FACTORY OUTPUT extended its losing streak for a fourth month in June, the Philippine Statistics Authority (PSA) reported on Wednesday.

URBAN TRANSPORT projects in developing economies such as the Philippines are vulnerable to lower-than-planned usage rates due to the pandemic, upending their underlying financial assumptions and calling into question their viability, the Asian Development Bank (ADB) said in a report.

SMALLER pharmaceutical companies are struggling to compete in a domestic market still dominated by multinational and consolidated companies, the Philippine Competition Commission (PCC) said.

The COVID-19 pandemic might have restricted mobility worldwide, but it has also set the stage for a new way of living that goes beyond physical bounds.

In the Philippines, signs of an economic crisis abound: empty malls, buy-one-get-one-free car deals, and restaurants closing permanently.

THE Social Security System (SSS) said it approved P15.63 billion worth of calamity assistance loans during the pandemic as well as P190.2 million in unemployment insurance benefits (UIBs) as of July.

OVERSEAS-WORKER repatriations during the pandemic have hit 102,000 so far, with even more due to return after losing their jobs due to weak global economies or even falling ill from coronavirus, an economist said.

THE tourism industry said it is backing a “tourism bubble” strategy to allow visitors to bypass high-risk areas like Metro Manila, after yet another lockdown cut off flight service from the capital.