THE Power Sector Assets and Liabilities Management Corp. (PSALM) said it disbursed P455.45 million in cash incentives to renewable energy (RE) developers operating in remote areas last year. PSALM, as…
Category:
Economy
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THE World Trade Centers Association (WTCA) said it is expecting bilateral trade and investment to grow between the Philippines and France. “(WTCA) sees opportunities for growing trade and investments between…
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By Chloe Mari A. Hufana, Reporter A GROUP of lawyers challenged the validity of the Ninoy Aquino International Airport (NAIA) concession agreement before the Supreme Court (SC) on Monday, claiming…
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THE Department of Transportation (DoTr) said it is looking to tap the private sector to operate and maintain up to 20 airports under public-private partnership (PPP) arrangements, citing the need…
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THE national rice inventory at the start of March fell 19.6% month on month, the Philippine Statistics Authority (PSA) said. Rice stocks hit 1.16 million metric tons (MMT) as of…
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FORMER Camp John Hay operator CJH Development Corp. (CJHDevCo) has offered to waive its P1.42-billion final arbitral award in exchange for recognizing the rights of third-party investors. In an open…
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THE Department of Tourism (DoT) said tourism revenue is expected to rise this year, aided by the new tax refund for tourists. “2024 was a banner year for Philippine tourism,…
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THE deficit in the agricultural goods trade in February rose 11% year on year to $797.65 million, according to the Philippine Statistics Authority (PSA). Agricultural exports in February rose 20.9%…
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PROJECTS approved for green lane treatment have been valued at P5.165 trillion as of April 6, the Board of Investments (BoI) said. The green lane pipeline now includes 202 projects,…
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THE Supreme Court (SC) upheld the authority of the Department of Energy (DoE), the Energy Regulatory Commission (ERC), and the National Renewable Energy Board (NREB) to implement the fixed tariff…