Russian companies have identified infrastructure, energy and security as investment areas they can explore in the Philippines, while Manila may expand its exports of tropical fruits and other agricultural produce to Russia, the head of a business mission said here Monday.

Continue reading Russian investors keen on PH infra, energy, security

There was a lot of excitement after Agriculture Secretary Manny Piñol posted online that President Duterte has approved the establishment of a national broadband plan and a national government portal during last Monday’s Cabinet meeting.

Continue reading Do we need another backbone

Mon Feb 27, 2017 | 11:52am GMT
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By Enrico Dela Cruz and Martin Petty | MANILA

The Philippines needs to build an additional 7,000 megawatts of power generation capacity over the next five years to support its fast-growing economy and wants foreign investors to help, its energy minister said on Monday.

Continue reading Philippines seeks investors to power growth, extra 7,000 MW needed

Manila-based multilateral lender Asian Development Bank (ADB) has expressed support for the government’s plan to hike excise taxes on oil products and vehicles that Finance Secretary Carlos G. Dominguez III had said would not hurt the auto industry’s sales growth.

Continue reading ADB backs tax hike on oil, vehicles

The Department of Finance (DoF) expects the rate of increase in consumer prices to inch up in the coming months but would remain within the government’s inflation target.

Continue reading Rising energy prices to push inflation up

HETO na ang epekto ng sunod-sunod na pagtaas ng presyo ng produktong petrolyo.

Continue reading Sakit sa ulo epekto ng oil price hike

How does one solve a multimillion-peso problem of bandits regularly blowing up one’s far-flung—and difficult to secure—facilities using improvised explosive devices?

Continue reading Biz buzz: The promise of a million jobs

Tax reform, especially lowering personal income tax rates, will be high in the Senate’s priority when sessions resume today, but Senate President Aquilino Pimentel III said they would continue to oppose moves to slap new taxes.

Continue reading Higher oil tax faces rough sailing in Senate

Malamig ang pagtanggap ni Senador JV Ejercito sa panukalang pagpataw ng dagdag buwis sa mga produktong petrolyo.

Continue reading Tax sa oil products ayaw kagatin

Oil posted the biggest weekly decline since November as traders await proof that Opec and other producers are following through on promises to cut production.

Continue reading Oil prices decline to to $52.37 per barrel

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