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Dominguez: Future fiscal and non-fiscal incentives have to be rationalized to ensure they are performance-based, targeted, time-bound, and transparent. Photo: PNA
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The government believes investment commitments from China are translating to real investments in the country.
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The government believes investment commitments from China are translating to real investments in the country.
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Some incumbent officials rush to complete various government projects before the election ban.
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The DOE is consistently monitoring the progress of pretroleum project and ensuring that the service contractors’ commitments are being fulfilled. Photo: PNA
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Bigger internal revenue allotment and higher tax collections raised operating income of local government units last year.
Photo: PNA
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With better prospects ahead, importers of vehicles said they will continue to give their best to ensure the complete recovery of the industry. Photo: PNA
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The agreement will further ease trade in goods and services between the Philippines and Brunei.
Photo: PNA
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The MSME sector is considered a risky segment to lend to because of the lack of information about its credit score. Photo: PNA
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Higher government spending, especially on infrastructure, and the accommodative monetary policy by the Bangko Sentral ng Pilipinas (BSP) are seen to further support the rise in net FDIs.
Photo: PNA
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With the new BIR policy, it would be cheaper to source raw materials and packaging supplies from foreign sources than from domestic suppliers, business groups complained.
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The national government said last week the country has inoculated more than 13 million doses of vaccines against Covid-19 since the start of the inoculation program started in March. The government targets to roll out 4 million more doses in the first two weeks of this month. Photo: PNA
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The population in Calabarzon, NCR and Central Luzon is 38.61 percent of the total population of the Philippines. Four out of 10 Filipinos live in these regions. Photo: PNA
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For 2020, Transco’s dividend remittance at 50 percent of its net earnings was computed to amount to P1.63 billion. Photo: PNA
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With Senate Bill 2232 – a proposed measure that would tax POGOs –and the re-opening of Philippine borders, a comeback of the POGO sector is expected. Photo: PNA
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Monetary authorities expect inflation to remain elevated until the third quarter of this year, with the average for the year seen to be at 4 percent. Photo: PNA
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The DTI said Brother Industries and the other companies are eyeing around P150 billion in investments in the country.
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The declining meat inflation points to the positive effects of Executive Orders 133 and 134 which are expected to further bring down meat prices during the second half of the year. Photo: PNA
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BIR’s Oplan Kandado programin 2020 led to the closure of 209 establishments and the collection of P607.87 million in taxes. Photo: PNA
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Yazaki-Torres Manufacturing Inc., a PEZA Outstanding Employer Hall of Fame and Presidential Outstanding Healthy Workplace awardee, hopes that by tapping DOLE’s network and reach, the opportunity could be brought to Filipino jobseekers adversely affected by the pandemic.
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The Philippine Red Cross-owned M/V Amazing Grace, the country’s first humanitarian vessel, is supported by the Aboitiz Group. The vessel was deployed to Catanduanes to provide the needed relief and assistance to Typhoon Rolly survivors in November last year. Photo: Aboitiz Group
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From January 1 to May 28, the BOC filed 38 criminal cases with the Department of Justice against 144 respondents suspected of involvement in smuggling activities, and another 23 administrative cases against erring customs brokers before the Professional Regulation Commission.
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Ang: “With our humble contribution to the local Bantay Dagat task force, we hope to provide them additional tools to help curb illegal fishing and other activities that are destructive to marine ecosystems in this area.”
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As a token of appreciation for the grant of insurance to more than 6,000 personnel of the Philippine Postal Corporation , GSIS chief Rolando Ledesma Macasaet (2nd from L) was given by Postmaster General and PhilPost head Norman Fulgencio (3rd from Lt) a set of special stamps dubbed “Frontline Heroes – Fight Against Coronavirus, We Fight For You.” Looking on are PhilPost executives: (leftmost) Assistant Postmaster General Maximino Sta. Maria; (from right) Area Director for Mega Manila Gilbert Javier; APMG Joel Zamudio; and APMG Maura Baghari-Regis.
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US Department of Commerce Acting Undersecretary and International Trade Department Deputy Undersecretary Diane Farrell said building a resilient supply chain is one of the areas where the US and the Philippines can boost cooperation. Photo: FB
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Wilcon has tapped a logistics company to handle the transfer of the vaccines. Photo: PNA
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Aside from South Korea, the country has free trade deals with Asean member states (Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Singapore, Thailand, and Vietnam), the European Free Trade Association (Iceland, Liechtenstein, Norway, and Switzerland), Australia, New Zealand, China, Hong Kong, India, and Japan. Photo: PNA
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From the 1.5 million job shedding estimated during the enhanced community quarantine in NCR Plus, many jobs were already brought back in the labor market. Photo: PNA
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There’s no let up in San Miguel Corporation’s various sustainability initiatives nationwide even during the pandemic. SMC has ongoing river cleanup projects at the Pasig and Tullahan rivers while subsidiaries San Miguel Global Power Holdings, Inc. San Miguel Brewery, Inc. Ginebra San Miguel, Inc., and Petron Corporation have established long-term upland and mangrove tree planting programs.
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The new data center will extend the reach of Alibaba Cloud’s offerings in the Philippines, ranging from elastic computing, database, security, and network services to machine learning and data analytics capabilities.
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An internal Facebook group helped to increase willingness of workers to get vaccinated. Photo: PNA
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The SM mall in Cavite is first to have a solar power rooftop. Green Heat has installed a total of 3,114 solar panels at SM City Bacoor. Photo: PNA
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Pangilinan said MPIC remains keen on local production of vaccines against Covid-19, but the company aims to produce the vaccine brand preferred by Filipinos. Photo: PNA
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The country is eyeing to source rice from India. Photo: PNA
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The liquefied natural gas projects have secured notice to proceed (NTP) from the DOE. Photo: PNA
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While outdoor gyms with no contact activities are allowed to operate, zumba — even if mostly done outdoors — remain prohibited because the activity could violate mass gathering protocols. Photo: PNA
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Inflation breached the government’s target band since last January and registered its highest so far this year last February at 4.7 percent. Photo: PNA
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The country is still an investment haven for exporting companies despite the pandemic. Photo: PNA
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A total of 1.53 million accounts have already been opened through the mobile app as of April 30, 2021. Photo: PNA
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The FDA-CDRR has to explain allegations of delays on pharmaceutical companies’ drug applications filed as far back as 2014.
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Exports and manufacturing turned positive and created a net of 2.8 million jobs. Photo: PNA
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One of the top concerns of Southeast Asian consumers, including Filipinos, in buying e-vehicles is the availability of charging infrastructure. Photo: PNA
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Consumer behavior has changed towards the more digital way since the start of the pandemic. Photo: PNA
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Tanduay Distillers Inc. is distributing Ginto to the Visayas and more parts of Luzon.
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Tighter community quarantine measures particularly in Metro Manila, Bulacan, Cavite, Laguna, and Rizal weakened the country’s manufacturing sector. Photo: PNA
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SMPC aims to inoculate more than 5,000 employees and indirect workers in its mine site, power plant complex, and corporate office by the second half of the year. Photo: PNA
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PPE makers said government procurement is not in sync with the production capacity of the manufacturers as the government’s demand is much higher than the local capacity. Photo: PNA
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Despite the dry season, the country will have sufficient power supply. Photo: PNA
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The local economy is seen to recover primarily through aggressive public investment. Photo: PNA
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Increase in meat prices this year has unduly jacked up food inflation. Photo: PNA
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The Phiippine cement industry is expected to sell 35 million tons of cement this year. Photo: PNA
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