THE Bureau of Customs (BoC) said revenue foregone in the second half due to the reduced rice tariffs is estimated at P16.34 billion. In an e-mail to BusinessWorld, Customs Commissioner Bienvenido…
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THE Energy Regulatory Commission (ERC) said the draft pricing rules for the upcoming green energy auction (GEA) round involve two sets of evaluations to assess the “reasonableness and prudency” of…
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THE Department of Finance (DoF) said it pitched British investors to increase their exposure to Philippine bonds ahead of the Philippines’ return to the JP Morgan bond index. “The Euro…
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STB GIGAFACTORY, Inc. said that it is planning to add two more production lines in New Clark City in pursuit of its goal to build capacity to two gigawatt-hours (GWh)…
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EconomyEditor's Pick
US-PHL relations not expected to change substantially ahead of presidential polls
THE American Chamber of Commerce in the Philippines (AmCham) said the outcome of the US presidential election this week will have little effect on the Philippine bilateral relationship with the…
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SAFEGUARD measures as well as the Tatak Pinoy Act, could address the persistent influx of foreign cement, the Cement Manufacturers Association of the Philippines (CeMAP) said. According to CeMAP, cement…
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IN BRIEF: • Board surveys reveal a pressing need for more effective risk management, with several boards recognizing room for improvement. • The strategic empowerment of CROs is essential to…
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THE Philippine economy is expected to “take off” due to the strengths of its labor force, the pursuit of key reforms, and continued growth in its services exports, HSBC Global…
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THE Anti-Red Tape Authority (ARTA) said it conferred “excellent” ratings on 64 agencies for their compliance with the Ease of Doing Business (EoDB) Law, while noting the large number of…
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EconomyEditor's Pick
Philippines batting for chapter on MSMEs in free trade deal with European Union
THE PHILIPPINES is proposing a chapter on micro, small and medium enterprises (MSMEs) in its free trade agreement (FTA) with the European Union (EU), the Philippine Exporters Confederation, Inc. (Philexport)…