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Bangsamoro LGUs receive good governance citations
More than 20 local government units in six southern provinces earned efficiency, resiliency, innovation and dynamism awards from an agency of the Bangsamoro region in a symbolic rite in Cotabato City on Thursday......»»
39 LGUs in Davao region suspend classes due to bad weather
DAVAO CITY (MindaNews / 16 January) – At least 39 localities in the Davao region, including this city, suspended classes in public and private schools as of 7:55 a.m. Tuesday due to heavy rains since Monday night, which triggered flooding in some areas. The local government unit (LGU) of Davao City suspended classes in all […].....»»
DSWD Central Visayas field office aids families affected by floods, tension cracks
The Department of Social Welfare and Development (DSWD), through its Field Office-7 (Central Visayas), continues to coordinate with concerned local government units (LGUs) in the region for the monitoring and provision of appropriate interventions to families affected by flooding incidents and other emergencies that occurred in the last quarter of 2023. On the flooding incidents […].....»»
LGUs, 6th ID unite to ensure security of investment hubs
The Army’s 6th Infantry Division and local government units are to expand cooperation in securing the surrender of more local terrorists to sustain the peace spreading around now in potential investment destinations in provinces under its jurisdiction......»»
Gasoline prices to drop for third consecutive week
Oil firms might implement mixed adjustments in pump prices during the third week of May following the two-consecutive weeks of oil price rollback......»»
Foreign investment pledges plummet in Q1
Investment pledges from foreign firms approved by investment promotion agencies plunged by nearly 64 percent from January to March compared to last year’s level amid a stubbornly high inflation and steep borrowing costs......»»
Coal plants named primary culprits for power supply shortage — report
Energy consumer advocacy group Power4People (P4P) coalition condemned coal plants run by different firms in the country, named by a study as the “primary culprits” for the continuous predicaments of the country’s power grids......»»
State subsidies drop by 8 percent to P20 billion in Q1
The government cut down its budgetary support to state-run firms by eight percent to almost P20 billion in the first quarter, with the bulk of the subsidies meant to support the agriculture sector......»»
Fuel price rollback set in 2nd week of May
Oil firms are set to implement a rollback in pump prices on Tuesday, May 14. .....»»
A century of Philippine accountancy
In my long life as a professional writer – aside from being a fictionist, journalist and academic – I’ve occasionally been asked to write books for both private and public institutions and individuals, usually to commemorate an important milestone. My clients have included banks, power and energy companies, accounting firms, NGOs, business tycoons, politicians and thinkers......»»
Southeast Asia firms face threat of digital break-in–report
Cybersecurity leader Kaspersky has neutralized more than 61 million brute force attacks against businesses in Southeast Asia, including about five million in the Philippines, warning companies to raise their digital defenses or suffer financial consequences......»»
ERC urged to defer power rate hikes
It would be best for the Energy Regulatory Commission to withhold the requests of power distributors and generating firms to collect higher electricity bills while the industry is on yellow alert due to high power demand this summer, a member of the House of Representatives said......»»
GOCC dividends surge to P88.6B - The Manila Times
DIVIDEND remittances from state-owned firms have ballooned to almost P89 billion just a little over four months into 2024, Finance Secretary Ralph Recto said on Monday. The government was said to have collected P88.6 billion from 47 government-owned and -controlled corporations (GOCCs) as of May 6, 11 times higher than the P8 billion recorded during the same period last year. "These dividends form a major source of n.....»»
Big-time oil price rollback set on May 7
Oil firms will implement a big-time oil price rollback in oil products on Tuesday, May 7......»»
Gokongwei anchor firms RLC, URC post strong Q1 earnings
The property development arm and the food and beverage unit of the Gokongwei Group posted robust earnings in the first quarter as sales improved across all their business divisions......»»
Pharma firms told: Report ties with health care providers
Amid the “prescription for sale” controversy, all pharmaceutical and other medical supply companies are reminded to submit reports on financial relationships with health care providers to the Food and Drug Administration......»»
GOCCs’ dividend remittance bumped up to 75 percent of earnings
The Department of Finance has increased the dividends to be collected from state-run firms to up to 75 percent of their earnings as the government looks for more revenues for the country’s development needs......»»
Magalong warns water firms of overpricing
Baguio Mayor Benjamin Magalong has warned local water delivery companies against overpricing and taking advantage of the high demand amid supply shortage......»»
Norway sees stronger economic ties with Philippines
Norway expects trade with the Philippines to continue to rise, supported by an existing free trade agreements (FTAs) and the growing market that will encourage more Norwegian firms to do business in the country......»»
Supreme Court affirms NTC orders nixing 4 telcos’ 3G service bid
The Supreme Court (SC) has affirmed the orders of the National Telecommunications Commission (NTC) that junked the bid of Next Mobile Inc., now operating as NOW Telecom, and three other firms for a third-generation mobile communications technology or 3G radio frequency......»»