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Pascual highlights enabling environment for investors

Trade Secretary Alfredo Pascual affirmed the government’s commitment in creating an enabling environment for investments, citing efforts geared towards digitalization......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Councilor urges social media influencers to observe local laws

The Davao City councilor, Temujin “Tek” Ocampo, has urged social media influencers to familiarize themselves with local ordinances before promoting areas to their followers. Ocampo, who heads the Committee on Environment and Natural Resources, appreciates the promotion of Davao City by social media influencers but emphasizes the importance of understanding local laws before attracting crowds to specific areas. He expressed gratitude for the promotion but highlighted the challenge of controlling the influx of people once a location is featured. Ocampo plans to collaborate with Councilor Al Ryan Alejandre, Chair of the Committee on Tourism and Beautification, to accredit social media vloggers through the local government unit. He underscored the need for accredited vloggers, recognizing their contributions to the city and addressing any mistakes they might make. This initiative aims to balance recognition for positive actions with corrective measures for any missteps. The concerns arose in November 2023 when a Davao City-based environment group criticized a travel vlogger for promoting recreational activities in a river within the Panigan-Tamugan Watershed. Following a waste dumping incident on January 11, 2024, the group urged Dabawenyos, especially vloggers and influencers, to refrain from visiting protected areas for leisure. They emphasize the importance of understanding and respecting rules and regulations before endorsing specific parts of the city......»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

DENR mobilizing $278 million foreign-funded projects

The Department of Environment and Natural Resources is mobilizing over $278 million worth of foreign-funded projects this year for biodiversity, climate change and environment programs to strengthen environmental resiliency and sustainability in local government units......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Filminera, PhilGold feted for 5-year safety record in Masbate Gold Project

The Philippine Mine Safety and Environment Association (PMSEA) awarded Filminera Resources Corporation (Filminera) and Phil. Gold Processing & Refining Corp. (PhilGold) the Platinum Achievement and Safest Mine Award, respectively, at PMSEA’s 69th Annual National Mine Safety and Environment Conference......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

BIR eyes P325 billion from excise taxes

The Bureau of Internal Revenue targets to collect higher excise taxes of up to P325 billion this year as the government moves to improve the regulatory environment and address the still rampant illicit trade......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

DENR launches mobile game app for biodiversity conservation

Only P4 billion of the P25 billion needed to fund biodiversity conservation was allotted under this year’s budget, according to the Department of Environment and Natural Resources......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

P250 billion needed to provide water for 40 million Pinoys

The government needs at least P250 billion to provide potable water and sanitation to at least 40 million Filipinos with no access yet to clean and safe drinking water, a ranking official of the Department of Environment and Natural Resources said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Approved foreign investments into Philippines fall 63.6 pct in Q1

MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»

Category: newsSource:  manilanewsRelated NewsMay 17th, 2024

MacroAsia FY23 profit: P1.1-B (up 132%)

MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

MacroAsia FY23 profit: P1.1-B (up 132%)

MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

Filinvest cleared to sell P10 billion fixed bonds

Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  manilanewsRelated NewsJan 15th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  philippinetimesRelated NewsJan 15th, 2024

Marcos: PH, South Korea to sign free trade pact this year

President Marcos believes that the Philippines and South Korea will approve their free trade agreement (FTA) this year. He also aims for a separate deal to grant duty-free access for certain Philippine products to the South Korean market. The FTA, signed in September 2023 during the Association of Southeast Asian Nations summit in Indonesia, is.....»»

Category: newsSource:  inquirerRelated NewsMay 4th, 2024

Philippines says it will not grant US access to more bases

The Philippines says it has no plans to give the United States more access to military bases in the Southeast Asian country, putting a cap on the current total number of nine sites.Philippine President Ferdinand Marcos Jr. told foreign correspondents in Manila Monday that the country's decision last year to increase the number of sites agreed upon under the Enhanced Defense Cooperation Agreement or EDCA was a re.....»»

Category: newsSource:  manilanewsRelated NewsApr 17th, 2024

No more extension for PUV consolidation deadline — Marcos

President Ferdinand Marcos Jr. said that the government will not grant another deadline extension for franchise consolidation under the public utility vehicle modernization program......»»

Category: newsSource:  philstarRelated NewsApr 10th, 2024

DLSU students win P1-million grant for cafeteria food waste to biogas project

Every year, De La Salle University’s cafeterias produce over 28,000 kilograms of kitchen waste, and are responsible for 480,000 kilograms of greenhouse gas emissions.....»»

Category: newsSource:  rapplerRelated NewsMar 25th, 2024

MILF lauds Senate for adopting House rebel amnesty resolutions

COTABATO CITY (MindaNews / 7 March) – The Moro Islamic Liberation Front (MILF) lauded the Senate for adopting three resolutions of the House of Representatives that concur with President Ferdinand Marcos Jr.’s grant of amnesty to former rebels. Bangsamoro Interim Chief Minister Ahod “Al Haj Murad” Ebrahim, also the MILF chair, said the granting of […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

House panel OKs tax-free hazard pay to judges, prosecutors

A House panel has approved a substitute bill that seeks to grant tax-free hazard pay to prosecutors and judges of regional, metropolitan, and municipal trial courts......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

E-vehicle group sees tariff break as ‘game changer’

The Electric Vehicle Association of the Philippines is batting for the inclusion of e-motorcycles in the grant of tax incentives under Executive Order 12 that is already due for mandatory review......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024