FEF proposes relaxing foreign ownership restrictions in Constitution

THE Foundation for Economic Freedom, Inc. (FEF) is proposing amending the Constitution’s economic provisions to allow 100% foreign ownership of land, utilities, educational institutions,...

Shopee to offer halal products

THE Department of Trade and Industry (DTI) and e-commerce site Shopee have entered a partnership to feature halal food sellers on the platform. “This initiative...

‘Improved planning’ needed after Panay outages — NGCP

THE National Grid Corp. of the Philippines (NGCP) has called for improved energy resource planning following the outages on Tuesday at multiple power plants...

Market for AS power enters pilot operations

THE pilot stage of the market for reserve power has been launched, with full commercial operations targeted for later in the month, the Independent...

Exportable agri commodities focus of new DA dev’t plan

THE Department of Agriculture (DA) said it is seeking to expand agricultural and fisheries exports and has set into motion the drafting of the...

‘Only’ 19 LGUs declared compliant with business one-stop shop rules

THE Anti-Red Tape Authority (ARTA) said only 19 local government units (LGUs) out of 1,637 are fully compliant with the electronic business one-stop shop...

DBM allots P550 million for kidney institute

THE Department of Budget and Management (DBM) said it approved the release of P550 million for an outpatient department (OPD) building at the National...

BIR’s road to digitalization

By Jerimae Celine N. Galope
The Bureau of Internal Revenue (BIR) has recognize the need to adapt to take advantage of fast-evolving technology to ensure it collects its rightful...

International visitor arrivals hit 5.45M in 2023

THE PHILIPPINES logged 5.45 million international visitors in 2023, beating the 4.8 million target, the Department of Tourism (DoT) said on Tuesday. “From Jan. 1...

DoE blames metering problems for low lifeline rate registration

THE Department of Energy (DoE) said registration for the lifeline rate program has been hindered by the practice of several households sharing power meters,...

BoI planning push to encourage more biofertilizer use in rice, corn farming

THE Board of Investments (BoI) said on Tuesday that it will support a biofertilizer company in its capacity expansion by helping to promote the...

Biodiesel manufacturer sees higher coconut content improving mileage

INCREASING the coconut content of the biodiesel blend will have a minimal impact on price but may also improve vehicle mileage, producing net savings,...