Voting 22-0, the Senate approved the proposed bill that seeks to strengthen and revitalize the salt industry in the country. Approved on the third and final reading is Senate Bill No. 2243 or the proposed or the proposed Philippine Salt Industry Development Act. "My wholehearted support and...
The domestic electric vehicles (EV) market is expected to grow a conservative 30 percent on strong adoption by motorists amid the influx of new models at relatively affordable price range. Patrick T. Aquino, director at the Department of Energy Utilization Management Bureau (EUMB), said during a...
President Ferdinand "Bongbong" Marcos Jr. said the government is targeting a 97.5-percent rice sufficiency rate for the Philippines in five years as he approved a new agricultural roadmap. *President Ferdinand 'Bongbong' Marcos Jr. (Ali Vicoy)* Marcos said this following his approval of the...
President Ferdinand "Bongbong" Marcos Jr. has approved the Masagana Rice Industry Development Program (MRIDP) in a bid to achieve the highest possible rice sufficiency while ensuring the welfare of Filipino farmers. *President Ferdinand 'Bongbong' Marcos Jr. (Ali Vicoy)* Marcos said this as he led...
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte has underscored the significance of the House of Representatives' passage of two more Marcos administration priority bills before the sine die adjournment of the first regular session. These...
The Department of Trade and Industry (DTI) through Board of Investment (BOI) shall recommend for approval to the Fiscal Incentives Review Board (FIRB) an EV incentive strategy (EVIS), similar tax incentives driven to the Comprehensive Automotive Resurgence Strategy (CARS) Program, to ensure the...
The Department of Energy (DOE) is eyeing the acceleration of electric vehicles (EVs) rollout that will top 6.3 million by 2040; and that shall account for half of all vehicles plying Philippine thoroughfares by then, versus those powered by internal combustion engines. The advancement of electric...
The Department of Energy (DOE) is scheduling another round of consultation this month on the expected acceleration in the electric vehicles (EV) market, primarily increasing the mandatory EV fleet adoption to 10 percent from an earlier prescription of 5.0-percent. According to DOE Director Patrick...
The Philippine Creatives Industry Development Act lapsed into law last July 27, and is now known as Republic Act (RA) 11904. House Special Committee on Creative Industry And Performing Arts chairman and Pangasinan Rep. De Venecia (Photo from House of Representatives Media/MANILA BULLETIN) “This...
It is time to put more serious thought on why you, your neighbor and your friends should shift to electric or hybrid vehicles. Or why commuters should expect more government action to encourage motorists to drive green vehicles. First, a review on why: “Burning fossil fuels like gasoline and...
The proposed expansion of the non-essential goods tax, which would see luxury good items taxed more, would generate st least P12.4 billion in annual revenue that could be funneled into supporting the local creative industry, Albay 2nd District Joey Salceda said on Wednesday, Jan. 18. Albay 2nd...
Although it has a shoreline of 36,000 kilometers, the Philippines imports 93 percent or 550,000 metric tons of salt for its requirement. “We should look at the salt industry as an added income source to fishermen during the dry season and the possibility of exporting Philippine sea salt,”...
