Trade and Industry Secretary Alfredo E. Pascual has signed the Implementing Rules and Regulations (IRR) of Republic Act (RA) No. 11904, otherwise known as the Philippine Creative Industries Development Act (PCIDA), boosting the domestic creative industries’ development to achieve its full...
Senior Deputy Majority Leader and Ilocos Norte 1st district Rep. Sandro Marcos is surprised with the deluge of scam and spam text messages that he has been receiving following the enactment of Republic Act (RA) No.11934 or the SIM Registration Act. Ilocos Norte 1st district Rep.Sandro Marcos (PPAB)...
The Liquefied Petroleum Gas Marketer’s Association (LPGMA) Party-list has thanked the Department of Trade and Industry (DTI) for approving the implementing rules and regulations (IRR) of the cylinder exchange, swapping, and improvement program. (Unsplash) The IRR was crafted in connection with...
The Department of Energy (DOE) has finally issued the Circular that will ultimately open up the renewable energy (RE) sector to 100 percent foreign ownership, primarily for installations in the wind and solar investment space. Department Circular No. (DC) 2022-11-0034 issued by Energy Secretary...
Department of Social Welfare and Development Department of Social Welfare and Development (DSWD) Secretary Erwin T. Tulfo announced the creation of a technical working group (TWG) to draft the Implementing Rules and Regulations (IRR) to operationalize Republic Act (RA) 11861 or the Expanded Solo...
Exemption or reduction in payment of the motor vehicle user’s charge (MVUC) for electric vehicles (EVs) is among the set of incentives proposed to be incorporated in the implementing rules and regulations (IRR) of the new Electric Vehicles and Charging Stations Act. Energy Undersecretary Felix...
As a solo parent herself, Vice President Leni Robredo plans to provide cash assistance to solo parents who are minimum wage earners to help in raising their children. Vice President Leni Robredo poses for a photo with supporters in Nasugbu, Batangas during a mini rally on Saturday, April 30. (Photo...
Even if the Fire Prevention Month is already coming to a close, consumers are still consistently warned of the dangers that counterfeit liquefied petroleum gas (LPG) products may bring that could result in loss of lives and properties. Given the perils of illegal practices in the sector, Senate...
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,...
The finance and trade departments signed the implementing rules and regulations (IRR) of the corporate recovery and tax Incentives for enterprises (CREATE) law, the government’s largest fiscal stimulus package for businesses in the country’s history. Ahead of the July 10, 2021 deadline, Finance...
The enactment of the Financial Institutions Strategic Transfer (FIST) law, which is expected to free up over P1 trillion worth of banks’ soured loans and non-performing assets and assist 600,000 micro, small and medium enterprises (MSMEs), will ensure the stability of the local financial system...
The Securities and Exchange Commission (SEC) is seeking public comments for the draft Implementing Rules and Regulations (IRR) of Republic Act No. 11523 or the Financial Institutions Strategic Transfer (FIST) Act, a critical economic measure in the Philippines’ economic recovery. In a...
