PHILSTAR THE Bureau of Customs (BoC) said it has collected P3.3 billion in revenue from pork imports after the government cut tariffs on the commodity to stabilize pork prices. Pork import volume was 214 million kilograms between April 7 and Dec. 10, or since President Rodrigo R. Duterte’s orders to lower pork import tariffs took […]Read More

PHILSTAR THE Department of Energy (DoE) is planning to issue six circulars to lay down the rules for, among others, vehicle testing laboratories and the certification process for auditors participating in its Energy Efficiency and Conservation Program. At a consultation on Dec. 22, the DoE released the six draft circulars which when completed will govern […]Read More

THE Power Sector Assets and Liabilities Management Corp. (PSALM) and the Bureau of Internal Revenue (BIR) agreed to settle all their outstanding tax disputes, PSALM said in a statement. PSALM remitted around P517.71 million to the BIR, which covered outstanding tax cases dating from 2006 to 2016, and disputed assessments from 2017 to 2019. “This […]Read More

THE Philippines needs to ride the momentum of recent reform measures to attract more foreign direct investment (FDI) in order to sustain its economic recovery, the British Chamber of Commerce Philippines (BCCP) said. BCCP Executive Director Chris Nelson said in a television interview on Wednesday that momentum has been built up by measures such as […]Read More

THE Bureau of Customs (BoC) will charge provisional anti-dumping duties on some cement imports from Vietnam for four months, after they were found to have injured the domestic cement industry. The BoC, in a statement on Wednesday, said tariffs in the form of cash bonds will be imposed for four months after an order it […]Read More

THE PHILIPPINE government is releasing about P4.8 billion for cash assistance to survivors of typhoon Rai, locally named Odette, at P1,000 per individual with a maximum of P5,000 per household, the Department of Interior and Local Government spokesman announced on Wednesday. The total fund can cover 4.8 million individuals, higher than the estimated 4.12 million […]Read More

THE PHILIPPINES’ vaccination rate has reached 63% of the target population, with 48.6 million individuals having received full dose, the presidential spokesman said on Wednesday. The government was initially targeting to fully vaccinate at least 70% of its 109.6-million population, but the goal has been increased with the rollout of jabs for the 12-17 age […]Read More

THE IMPLEMENTATION of looser quarantine protocols in the capital region Metro Manila is not necessary in consideration of the threat of the more transmissible Omicron variant, according to Presidential Adviser for Entrepreneurship Jose Ma. “Joey” A. Concepcion III.  Mr. Concepcion said during a Palace briefing on Wednesday that the National Capital Region (NCR), which accounts […]Read More

AN 80% nationwide voter turnout is expected in the May 2022 national and local polls, an official said on Wednesday as the poll body held mock elections in several sites across the country. “We would not know where the bottlenecks (of the election) are if we do not conduct a dry run…But we do not […]Read More

GOVERNMENT workers under a temporary employment scheme, or those under a contract of service (COS) or job order (JO), will get a yearend gratuity pay of not more than P5,000 each as President Rodrigo R. Duterte signed an order on Wednesday for the release of funds. The bonus is in recognition of their hard work, […]Read More