THE Energy Regulatory Commission (ERC) said it made “some modifications” to its pending ruling on the fifth regulatory reset of Manila Electric Co. (Meralco), though it gave no further details.…
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THE Philippine Economic Zone Authority (PEZA) said it signed a partnership agreement with Topline Energy Solutions Corp. last month to ensure stable power supply in its economic zones. In a…
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THE IT and Business Process Association of the Philippines (IBPAP) said the Philippines is expected to remain a top US destination for outsourcing services, regardless of the outcome of the…
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The Bureau of Internal Revenue (BIR) wields significant authority not only to levy taxes but also to investigate taxpayers’ books of account and accounting records. These investigations typically focus on…
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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…