More users exercising choice in picking power suppliers — ERC
MORE industrial users are joining the retail aggregation program (RAP), opting to choose their preferred power suppliers, the Energy Regulatory Commission (ERC) said.
In a...
Cement importers express opposition to safeguard duties on foreign cement
CEMENT importers expressed their opposition to safeguard duties, claiming that the influx of foreign cement has not significantly harmed the domestic cement industry.
According to...
AI adoption seen hampered by PHL connectivity, infra issues
CONNECTIVITY and infrastructure issues are posing challenges to artificial intelligence (AI) adoption, according to the Department of Information and Communications Technology (DICT).
“Currently, some of...
Missed the estate tax amnesty? What now?
By Lois Ann Caroline Sarajan
The deadline to avail of the estate tax amnesty lapsed on June 16, marking the end of a generous window of opportunity granted under...
Nomura expects ‘Trump tariff’ on PHL goods staying at 10%
THE US tariff on Philippine goods is likely to stay at the 10% “baseline” level after the Trump administration’s 90-day pause ends in July.
In...
Oil firms urged to ‘stagger’ price hikes
THE Department of Energy (DoE) asked the oil industry to adjust their prices in a staggered manner, in order to minimize the price shocks...
España-Quezon Ave. busway under study
THE Department of Transportation (DoTr) said it is considering the construction of a busway along España Boulevard in Manila and Quezon Avenue in Quezon...
WB sees reforms boosting PHL appeal to investors
THE PHILIPPINES can become more attractive to investors by pursuing key reforms that allay their concerns about risk, the World Bank (WB) said.
More beef imports expected from Brazil after FMD-free declaration
A MEAT importer said the Philippines can expect more beef imports from Brazil after the latter was declared free of foot-and-mouth disease (FMD).
“The Philippines...
PHL wheat import forecast downgraded 3%
THE forecast for Philippine wheat imports has been downgraded 3% to 7.2 million metric tons (MMT), the US Department of Agriculture (USDA) said, citing...
BCDA remits P3.13 billion in asset disposition proceeds
THE Bases Conversion and Development Authority (BCDA) remitted P3.13 billion to the Bureau of the Treasury, representing the proceeds of asset dispositions, the Department...
MRSP: PHL mechatronics industry trails behind Industry 4.0
The Mechatronics and Robotics Society of the Philippines (MRSP) said that some manufacturing plants remain static despite government efforts to push for the fourth...