NICKELASIA.COM THE Department of Environment and Natural Resources (DENR) said it will streamline the process for obtaining mining exploration permits, mineral agreements, and financial or technical assistance agreements (FTAA). Draft Administrative Order (AO) is set to amend AO No. 2010-21 and will require reduced evaluation and acceptance periods for exploration permits, mineral agreement applications and […]
PH.CHINA-EMBASSY.ORG THE Department of Public Works and Highways (DPWH) said it is on track to complete the P23.52-billion Samal Island-Davao City connector project by 2028, with the current completion rate reported at nearly 12%. In a statement, the DPWH said the 4.76-kilometer connector is expected to be complete by September 2028. According to the DPWH, […]
PHILIPPINE STAR/RYAN BALDEMOR EXPORTS of unmanufactured tobacco declined 14.2% to 17.8 million kilograms in 2024, the National Tobacco Administration (NTA) said. By value, exports fell 6.5% in 2024 to $94.59 million. According to the NTA, the top exporters of unmanufactured tobacco in 2024 are Universal Leaf Philippines, Inc. with 14.14 million kilos worth $111.97 million […]
REUTERS THE Department of Agriculture (DA) said a vaccine for Avian Influenza (AI), or bird flu, could be approved by the Food and Drug Administration (FDA) by the second quarter, following the completion of two field trials. Agriculture Assistant Secretary and Spokesperson Arnel V. de Mesa said the results of the vaccine trials will be […]
A PHILIPPINE delegation pitched Dutch businesses on potential investments, the Department of Finance (DoF) said. In a statement on Wednesday, the DoF said the meeting was attended by more than 30 Dutch participants from major businesses and financial institutions. The meeting was co-organized by the Department of Trade and Industry, the Philippine Trade and Investment […]
THE Department of Energy (DoE) said it estimated the number of remote areas ripe for microgrid investments at over 200 underserved and unserved locations. “The are over 200 areas that need microgrid system developers,” Energy Undersecretary Rowena Cristina L. Guevara said in her keynote speech during Microgrid System Provider (MGSP) Investor Forum on Tuesday. “These […]
PHILIPPINE STAR/ RUSSELL PALMA PRICE GROWTH of wholesale goods slowed further to a five-year low of 2.5% in 2024 due to a slowdown in food price growth, the Philippines Statistics Authority (PSA) reported on Tuesday. The general wholesale price index (GWPI) eased from the 4.9% increase in 2023, the PSA said, citing preliminary data. The […]
Imagine a world where the rules of the game are crystal clear. In December, the Bureau of Internal Revenue (BIR) took a huge step to clarify the tax treatment of the Philippine Amusement and Gaming Corp. (PAGCOR), including its Contractees and Licensees, when it issued Revenue Memorandum Circular (RMC) No. 132-2024. Building on past issuances […]
PHILIPPINE COAST GUARD PHOTO THE Philippine Coast Guard (PCG) on Tuesday night said it had sent its biggest ship — the 97-meter BRP Teresa Magbanua — to monitor Chinese vessels near the coast of Zambales province in the country’s north. In a statement, the PCG said Teresa Magbanua replaced the 44-meter vessel BRP Cabra, which […]
PHILIPPINE STAR/RUSSELL PALMA SPEAKER Ferdinand Martin G. Romualdez on Wednesday ordered the House of Representatives to fast-track hearings on a proposed legislated wage hike, which has been stalled at the labor committee for eight months. The House will likely settle for a P200 wage hike, seen as a middle ground between the P150 and P750 […]