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DOF mulls mining tax tweaks for royalties, windfall profits

The Department of Finance is pushing for higher rates and fewer tiers in taxing the extractive sector, but the mining industry argued that the proposed structure would make the sector more uncompetitive......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Philippine agricultural sector grows 1.2 pct in 2023

MANILA, Feb. 2 (Xinhua) -- The Philippine agriculture sector grew by 1.2 percent in 2023, driven by higher poultry and livestock production, increased fruit harvest and record rice output, the Philippines' Department of Agriculture (DA) said Friday. "Agriculture has contributed positively to the growth of the economy last year. But certainly, we could do more," Agriculture Secretary Francisco Tiu Laurel said......»»

Category: lifestyleSource:  abscbnRelated NewsFeb 3rd, 2024

Philippine agricultural sector grows 1.2 pct in 2023

MANILA, Feb. 2 (Xinhua) -- The Philippine agriculture sector grew by 1.2 percent in 2023, driven by higher poultry and livestock production, increased fruit harvest and record rice output, the Philippines' Department of Agriculture (DA) said Friday. "Agriculture has contributed positively to the growth of the economy last year. But certainly, we could do more," Agriculture Secretary Francisco Tiu Laurel said......»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Policies to address ecological impact of RE urged

A group of international and Philippine-based think tanks and civil society organizations is calling for stronger collaboration across the renewable energy sector to integrate policies and practices that will allow the sector to respond responsibly to its ecological and social impacts......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

DOE eyes AI use in power sector

The Department of Energy is looking at the use of artificial intelligence to help bolster the power sector’s capabilities in resolving and preventing problems such as power plant outages......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Top Industries for New Investors: A Beginner’s Handbook

Starting your investment journey is thrilling yet challenging. To guide you, focus on your goals, risk tolerance, and market trends. Success starts with picking the right industries. Explore these three beginner-friendly options for a solid start. 1. Technology Sector The tech sector, with companies like Apple and Amazon, offers growth potential. Spread your bets to […].....»»

Category: newsSource:  metrocebuRelated NewsJan 17th, 2024

German foreign minister grateful for Philippine health workers

Germany is grateful to Filipinos, especially in the health sector, for their important work in strengthening Germany’s health sector, Foreign Minister Annalena Baerbock said......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Investors pour over $700 million into Philippine digital banks

Global and local investors have poured over $700 million (around P40 billion) into the country’s digital banking sector to support the industry’s growth and potential to reshape the online financial landscape......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

DA: Shear line agriculture damage reaches P137 million

The shear line’s damage to the agriculture sector in Davao and Caraga reached P136.57 million covering at least 9,043 hectares of rice and corn, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsJan 28th, 2024

Over 600-K affected by shear line in Davao

Over 600,000 people in Davao Region were affected by a shear line, causing unprecedented damage and extensive flooding and landslides. The regional director of the Office of Civil Defense-Davao Region emphasized the need to address these issues and called for collaboration to prevent future disasters. The agriculture sector suffered over P50 million in damages, while infrastructure incurred around P25 million in damages. The report also highlighted the impact on road sections, bridges, and houses, with significant assistance provided by OCD-Davao. Plans are underway for a region-wide flooding dialogue and realignment of projects with disaster prevention efforts in collaboration with the Department of Public Works and Highways. Related stories include urging proactive measures in establishing disaster services at barangays and the expedited release of aid for Davao disaster victims......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

Senate meets with Baguio stakeholders on Cha-cha

The Senate yesterday held its consultative meeting in Baguio City with education and private sector stakeholders on the proposal to lift foreign ownership limits in the Constitution......»»

Category: newsSource:  philstarRelated News12 hr. 26 min. ago

Multisectoral groups join forces vs online scams

Stepping up the fight against online fraud and scams, several government agencies have teamed up with the private sector and advocacy groups for an education campaign focused on bolstering consumer protection online......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

Marcos education priorities: Climb world rankings, keep free tuition law

President Ferdinand Marcos Jr. believes the government and the private sector must pool their efforts together to improve the state of higher education after a recent Times Higher Education ranking showed Philippine universities' relatively weaker standing compared to other Asian countries......»»

Category: newsSource:  philstarRelated NewsMay 15th, 2024

‘Meralco franchise renewal good for the economy’

A key leader of the House of Representatives yesterday openly endorsed the renewal of the legislative franchise of the country’s largest private sector electric distribution utility company amid repeated notices for possible power shortages......»»

Category: newsSource:  philstarRelated NewsMay 14th, 2024

PSAC, private sector join forces to create more job opportunities

The Private Sector Advisory Council has teamed up with the SM Group, online job platform JobStreet by SEEK and business groups in a bid to open up more job opportunities and help address the job skills mismatch in the country......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Government, private sector urged to unite vs online scammers

A whole-of-society strategy is needed to effectively address the persistent scam attacks victimizing individuals and businesses, according to consumer advocacy group CitizenWatch Philippines......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Health workers march for higher wages

Health workers from public and private hospitals held a nationwide protest yesterday, Health Workers’ Day, urging the government to address issues affecting the health sector......»»

Category: newsSource:  philstarRelated NewsMay 7th, 2024

Senate rallies behind legislated wage hike; House to proceed with caution

Buoyed by President Ferdinand Marcos Jr.'s order to review the minimum wage rates in all regions, Senate President Juan Miguel Zubiri urged the president to tag as urgent a bill that legislates a P100 minimum wage hike for all private sector workers......»»

Category: newsSource:  philstarRelated NewsMay 2nd, 2024

ADB annual meet to prepare world for the future

TBILISI – Government officials from nearly 70 states, development partners, private sector and civil society organizations will gather here to discuss how the current and future financial and economic conditions will impact the world......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Private firms urged to tap EWA services

The private sector is urged to tap earned wage access services to reduce financial stress among Filipinos who often run low in cash as they await the next paycheck......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024