Business NEWS

The regional offices of the Department of Environment and Natural Resources (DENR) and the National Bureau of Investigation (NBI) scored the lowest rating in terms of energy efficiency and conservation measures being implemented on government agencies all over the country.

The next administration of presumptive President Ferdinand Marcos Jr. is being urged to issue an executive order (EO) creating a regulatory agency that will oversee nuclear power development in the Philippines.

Fuel products will be on mixed price adjustments next week with gasoline on hefty hike while diesel and kerosene on significant rollback.

The IT and Business Process Association of the Philippines (IBPAP) stands by the validity of the Letter of Authority (LOAs) issued by the Philippine Economic Zone Authority (PEZA) allowing its member companies to operate via a hybrid work arrangement.

The Department of Trade and Industry (DTI) is recommending that the incoming administration should continue the agency’s major programs that benefit business and consumers.

Congress should amend the Intellectual Property Code to give the Intellectual Property Office of the Philippines (IPOPHL) greater enforcement power and enable the National Telecommunications Commission (NTC) to block online sites more swiftly, an advocacy group said.

Pilmico Food Corp. (Pilmico), the Aboitiz Group’s the Aboitiz Group’s food and agribusiness, targets its meat products to be present in over 300 supermarket concessionaires by end this year.

The Philippines has called on ASEAN member countries to ensure smooth flow of goods and refrain from imposing any trade restrictions as economic ministers in the region raised concerns on recent export bans on certain commodities and emerging unilateral action on climate change that may hamper trade in the region.

Davao Light upgrades IT infra to fend off cyber attacks

To prevent service disruptions to its load customers, system operator National Grid Corporation of the Philippines (NGCP) has carried out “blackout drill”, an annual activity to reinforce the reliability of its operations.

ERC ready to approve minimum prices for RE auction

Puregold, the country’s most aggressive supermarket chain, has launched the Aling PuringApp to transform every “Aling Puring” member store into a one-stop shop.

Lopez-led First Gen Corporation is seeking tenders from prospective international suppliers of liquefied natural gas (LNG) for its gas requirements that will cover the period from 2023 to 2027.

The Energy Regulatory Commission (ERC) is proposing the suspension of excise tax for fuel products used in power generation to lower electricity rates for Filipino consumers.

The Employers Confederation of the Philippines (ECOP) and the Philippine Exporters Confederation, Inc. (PHILEXPORT) said they are willing to work in partnership with the incoming administration and urged Filipinos to “give the incoming administration a chance.”

The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) has called for the inclusion of all electric vehicle (EVs) technologies, including hybrid EVs, in the planned removal of the 30 percent most favored nation (MFN) tariff on completely built-up EVs.

From right are Build Change Philippines Program Officer Marvin Daryl Riego, Country Director Arnel Capili, Holcim Philippines Senior Vice President and Chief Sustainability Officer Zoe Sibala and Vice President for Communications and Corporate Social Responsibility Cara Ramirez during the signing activity of the partnership for disaster-resilient construction on May 11.

With more companies embracing digital transformations and new digital native businesses blossoming, there is a greater than ever demand for tech talent to sustain business growth and innovation in the digital future.