The city government of Davao has been given a franchise to operate radio stations in the city for 25 years based on a new law signed by President Duterte. President Rodrigo Duterte (File photo/Malacañang) Republic Act No. 11538 grants the Davao City government a franchise "to construct, install,...
The country's third major telecommunication company can operate for another 25 years based on a new law signed by President Duterte. President Rodrigo Duterte (File photo/Malacañang) Republic Act No. 11537 allows Mindanao Islamic Telephone Company Inc., currently known as Dito Telecommunity...
Nearly three weeks since the Coco Levy Act or Republic Act (RA) 11524 was passed, the reconstituted board of the Philippine Coconut Authority (PCA) has met for the first time to discuss the important things that need to be addressed prior to the actual release of the P100-billion coco levy fund....
On signing of Coco Levy Act The Coconut Farmers and Industry Trust Fund Act or Coco Levy Act, which will result in the release of the P100-billion coco levy fund, has now been signed by President Rodrigo Roa Duterte, but its supposed beneficiaries are claiming that no justice or campaign promise...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) will need to borrow P38.4 billion this year to augment the funds needed for the power rate reduction subsidy mandated under Republic Act 11371 or the Murang Kuryente Act (MKA) that was signed by President Rodrigo Duterte...
Local contractors have joined hands to strongly oppose a bill that would fully open the construction business to foreigners, saying will spell the demise of the local construction industry which employs more than 4 million Filipinos. (MB file photo. Jansen Romero) House Bill (HB) 7337 seeks to...
The threat of illegal, unreported, and unregulated (IUU) fishing in the Philippines is estimated at P5 trillion annually, but there is just no exact way to measure how much the country is really losing from this. Rollan Geronimo, IUU Fishing Specialist for the United States Agency for International...
The Bangko Sentral ng Pilipinas (BSP) will accelerate its gold purchases and will be more opportunistic in its gold trading, according to its highest-ranking official. MB File “BSP will be opportunistic, sell when gold prices are high,” said BSP Governor Benjamin E. Diokno over the weekend. He...
