Roughly 6,000 to 7,000-megawatt (MW) capacity ramp up is expected in the next two years, yet grid development is still stuck in the slow lane and woefully unprepared to handle the influx. Now, the government wants to pass the burden to power producers, especially the renewable energy (RE)...
An amendment seeking to address the private sector’s concerns and create a more enabling policy environment for infrastructure projects is in the works, the National Economic and Development Authority (NEDA) said. During the 12th Arangkada Philippines Forum yesterday, NEDA Secretary Arsenio M....
President Ferdinand “Bongbong” Marcos Jr. has ordered the grant of real estate tax benefits to Independent Power Producers (IPP) operating under the Build-Operate-Transfer (BOT) scheme contracts with government-owned or -controlled corporations (GOCCs). *President Ferdinand ‘Bongbong’...
The Ospital ng Parañaque 2 (OsPar 2) has been allowed by the Department of Health (DOH) to operate as a Level 1 hospital. Mayor Eric Olivarez congratulated the team of OsPar 2 headed by Dr. Patrick Ismael Cruz II for securing compliance certificates from the Food and Drug Administration (FDA) for...
President Marcos has approved the review of the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law, the National Economic and Development Authority (NEDA) said. At the Economic Journalists Association of the Philippines (EJAP) forum on Wednesday, Aug. 17, Socioeconomic...
The Department of Finance (DOF) wants to amend the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law to lure private investments to Public-Private Partnerships (PPP). In a statement on Tuesday, Aug. 16, Finance Secretary Benjamin E. Diokno said the DOF is planning to...
Opposition Senators Francis “Kiko” Pangilinan and Risa Hontiveros joined their Senate’s colleagues call in suspending the operation of online cockfighting or e-sabong franchises until the resolution of the 31 missing “sabungeros” or cockfighting enthusiasts is resolved. Senators Risa...
The next administration should pursue the Public-Private Partnership (PPP) or Build-Operate-Transfer (BOT) aggressively as a chance to continue with the infrastructure development to spur the country’s economic recovery after a two-year fight with the COVID-19 pandemic, former senator and...
The Duterte administration will amend the the implementing rules and regulations (IRR) of the build-operate-transfer (BOT) law to remove the “onerous,” “excessive,” and “undue” terms, the National Economic and Development Authority (NEDA) said. In a statement, the NEDA said on Tuesday,...
Metropolitan Manila Development Authority (MMDA) Chairman Benhur Abalos has identified which kinds of establishments won't be permitted to operate during the imposition of the modified enhanced community quarantine (MECQ) from Aug. 21 to 31, 2021. (Photo by Kaysha/ Unsplash) Abalos came up with the...
The Technology Application and Promotion Institute of the Department of Science and Technology (DOST-TAPI) is set to launch next week its five newly published books on intellectual protection and homegrown technologies to benefit the country’s entrepreneurs. (DOST Facebook page) The virtual...
