Cavite extends deadline for Sangley bid documents

CAVITE PROVINCE has extended by 45 days the deadline to buy bid documents for the Sangley Point International Airport project, citing the need to provide more time due to the quarantine.

Water franchise bills remove 12% cap on returns

THE PROPOSED franchises to be granted to the two water companies serving the National Capital Region will not cap the concession-holders’ returns at 12%, in contrast to their recently-signed revised water agreements with the government, a senior legislator said Wednesday.

Customs exceeds May target as collections top P49B

THE Bureau of Customs (BoC) exceeded its collection target in May by 6.6% after collecting P49.334 billion on the strength of a revised import valuation system, and improved volumes, the agency said in a statement Wednesday.

FDA releases over 400 delayed drug approvals

THE Food and Drug Administration (FDA) released more than 400 drug applications after it was issued a show-cause order seeking an explanation for the delay by the Anti-Red Tape Authority (ARTA).

Peso weakens vs dollar as factory activity improves

THE PESO weakened against the dollar on Tuesday as the government kept Metro Manila and nearby provinces under lockdown and due to data showing that manufacturing activity improved in May, which may mean higher imports.

PSEi slips as gov’t keeps NCR Plus under lockdown

THE benchmark index slipped on Tuesday as investors digested the government’s decision to keep Metro Manila and nearby provinces under a lockdown with heightened restrictions until the end of the month.

NGCP expects more red alerts on Luzon grid until next week

THE National Grid Corp. of the Philippines (NGCP) said it expects the Luzon grid to experience four more red alerts until next week, following an unplanned outage at a power plant in Mariveles, Bataan.

PCCI commissions study on digital industry

THE Philippine Chamber of Commerce and Industry (PCCI) has commissioned a study to be conducted with a university in Singapore to map the development of the Philippine digital economy.

Commission okays solid waste plans of 22 local gov’t units

THE National Solid Waste Management Commission (NSWMC) approved the solid waste management plans (SWMPs) of 22 local government units (LGUs) in May, bringing up its nationwide total of approved plans to 1,082 or 63% of the target, according to a statement from the Department of Environment and Natural Resources (DENR).

Farmers claim lack of public hearings on coco levy

THE CONSULTATIONS being carried out on the draft implementing rules and regulations (IRR) of Republic Act (RA) No. 11524 or the Coconut Farmers and Industry Trust Fund Act should include public hearings, according to the Federation of Free Farmers (FFF).

COVID-19 deaths top 21,000; more Pfizer shots on the way

CORONAVIRUS deaths in the Philippines rose to more than 21,000 on Tuesday after health authorities reported 46 more deaths.

Court junks cyber-libel case vs Rappler founder 

A Makati trial court on Tuesday dismissed the cyber-libel case against a journalist who is critical of President Rodrigo R. Duterte after the private complainant lost interest in the case.   Judge...