Remittances biggest so far in May
CASH sent home by overseas Filipino workers (OFWs) grew to a five-month high in May, rebounding from the preceding month’s slowdown, the central bank reported on Monday, with analysts attributing the increase partly to households’ preparation for a new school year.
Philippines eyes HK help in campaign vs corruption
THE GOVERNMENT is exploring further cooperation with Hong Kong in its fight against corruption, following Foreign Affairs Secretary Teodoro L. Locsin Jr.’s recent meeting with Hong Kong Chief Executive Carrie Lam.
DICT sees no more need for common tower circular
THE DEPARTMENT of Information and Communications Technology (DICT) will likely no longer spell out in black and white the policy on its common tower initiative, almost a year since it released a draft memorandum circular on the matter.
Indonesia’s president vows more investment, infrastructure in 2nd term
BOGOR, INDONESIA -- Indonesia’s recently reelected President Joko Widodo on Sunday outlined his vision for a second term, pledging faster infrastructure development and more investment opportunities to create jobs and growth in Southeast Asia’s biggest economy.
Speakership scheme could stunt reforms
THE PLANNED term-sharing of speaker aspirants Taguig 1st district Rep. Alan Peter S. Cayetano and Marinduque Rep. Lord Allan Jay Q. Velasco could disrupt reform impetus in the remaining three years of President Rodrigo R. Duterte’s term, analysts said on Thursday last week.
Port regulator caps time to decide on proposals
THE PHILIPPINE PORTS AUTHORITY (PPA) is limiting the time to decide on unsolicited proposals from private groups seeking to develop local ports.
Gov’t finalizing rules for renewable energy suppliers in option program
THE DEPARTMENT of Energy (DoE) targets to finalize in about two months a circular that will set the guidelines for the issuance of operating permits for renewable energy suppliers under the agency’s green energy option program (GEOP).
Gov’t pushes POGO hubs
THE GOVERNMENT is wielding another tool in its bid to better regulate Philippine offshore gaming operators (POGOs) — which are estimated to be costing the state an estimated P22.5 billion annually in foregone revenues due to untaxed foreign workers — encouraging such establishments to locate in hubs, the industry’s regulator said on Friday.
Duterte sets massive Customs cleansing
PRESIDENT Rodrigo R. Duterte on Thursday said that he will be axing 64 ranking officials of the Bureau of Customs (BoC) due to their involvement in corruption.
Automobile sales recover in June, first semester
CAR SALES recovered to post year-on-year increases both in June and last semester, according to data jointly released to media on Thursday by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA).
Departments, agencies consolidate rules governing foreign workers
FIVE DEPARTMENTS and four agencies have moved “to harmonize the regulations and policy guidelines governing the issuance of... documents to foreign nationals intending to work in the Philippines” that are currently provided under various laws.
Trade-in-goods gap narrows in May
THE COUNTRY’s trade-in-goods deficit narrowed in May as a slight export growth steadied while imports contracted, the Philippine Statistics Authority (PSA) reported on Wednesday.