Economy

THE Department of Energy (DoE) said it will start accepting applications for renewable energy (RE) contracts through the Energy Virtual One-Stop Shop (EVOSS) System next week, following the lifting of…

THE Sugar Regulatory Administration (SRA) rejected claims of an oversupply of sugar, which has been blamed for a decline in millgate prices. “For both raw and refined sugar, we are…

By Justine Irish D. Tabile, Reporter MORE INCENTIVES are needed to support other carmakers not currently enrolled in the Comprehensive Automotive Resurgence Strategy (CARS) program, a legislator said. Representative Rufus…

By Beatriz Marie D. Cruz, Reporter HOTELS in Manila and Cebu are expected to be the main beneficiaries of greater flight connectivity over the year-end holidays, the Philippine Hotel Owners…

THE Visayas and Mindanao present many opportunities for transitioning coal-fired power capacity to gas or renewable energy, Finnish power plant equipment maker Wärtsilä Oyj Abp said. The Finnish company added…

NON-RESIDENT digital service providers (DSPs) will not be required to appoint a local representative when registering under the newly enacted value-added tax law, according to draft regulations issued by the…

THE Department of Agriculture (DA) said on Tuesday that it is considering additional imports of small pelagic fish following the damage from consecutive typhoons sustained by Philippine fisheries. “There was…

THE Department of Budget and Management (DBM) said on Tuesday that it approved the revised guidelines for the pilot run of an e-marketplace for government procurement. In a statement, the…

THE Philippine Economic Zone Authority (PEZA) said it signed a registration agreement with Promet (Asia), Inc., its first such deal with a company from Bahrain, which plans to start a…

THE Department of Finance (DoF) said it is pushing for an initial climate finance target of $1.3 trillion from wealthy nations to fund developing nations’ climate mitigation projects. “In the…