OVERSEAS workers driving trucks in Europe are now required to work only for employers that provide accident and vehicle insurance, the Philippine Overseas Employment Administration (POEA) said.

THE National Electrification Administration (NEA) said around 187 rural electrification projects in rural communities are facing completion delays due to quarantine restrictions.

A RENEWABLE-ENERGY fund will invest more than $2.5 billion in Southeast Asian renewable energy projects to support the region’s recovery from the pandemic, with a focus on the Philippines, Vietnam and Indonesia.

BANGKO SENTRAL ng Pilipinas (BSP) Governor Benjamin E. Diokno said monetary authorities continue to view the inflation environment as stable over the next three years, a key consideration in the decision to reduce rates last week.

THE project period for a Metro Manila wastewater collection and treatment management system is due to expire Tuesday with its main backer, the World Bank, noting that the project has yet to meet targets for the number of people reached, among others.

THE Philippine Center for Postharvest Development and Mechanization (PhilMech) told Congress on Monday that it is proposing a P5.6-billion budget for next year to support mechanization programs under the Rice Competitiveness Enhancement Fund (RCEF).

The longest busy season for income tax filing has finally come to a close. Amidst the sleepless nights and pandemic-induced stress, tax practitioners, tax authorities, and taxpayers alike can only remind themselves that the dictum “taxes are the lifeblood of the nation” rings ever more true.

BUDGETARY support to state-owned firms released in May rose nearly 467% after the release of the second tranche of the wage subsidy program, the Bureau of the Treasury said.

REAL ESTATE loans will likely cool in the second quarter after the pandemic left many jobless and eroded job security for the rest of the workforce, making loan applicants less likely to be approved, Colliers Philippines said.

INFORMATION and Communications Technology Secretary Gregorio B. Honasan II has designated Undersecretary Ramon P. Jacinto to lead the department’s efforts in the areas of “government digital broadcast television and the digitization of the entertainment industry sector.”

THE Department of Energy (DoE) is planning to draft an order promoting the development of geothermal energy, in a bid to regain prominent position for the Philippines among global producers.

A MEASURE creating an investment and infrastructure hub in Central Luzon has been refiled in the Senate after similar legislation was vetoed in the last Congress.