The Philippine government is strongly urged to fast track the Senate concurrence of the Foreign Account Tax Compliance Act (FATCA) and lift or amend the Bank Secrecy Law to leverage the country’s position in combating financial crime, and promote transparent, effective reporting system, and...
THE LEGAL FRONT The Chinese use two brush strokes to write the word “crisis.” One brush stroke stands for danger, the other for opportunity. This usage suggests a double-sided view of a crisis: the danger that every crisis carries, and the opportunity that the response to danger opens up. ...
European businesses in the country would like the Philippine government to eliminate import duties for European automotive brands as part of the measures for adoption in the proposed EU-Philippine Free Trade Agreement (EU-PH FTA). This forms part of various recommendations in the Automotive Advocacy...
Senate President Juan Miguel “Migz” Zubiri on Thursday, May 25, expressed hopes that the House of Representatives would adopt the Senate version of the Maharlika Investment Fund (MIF) bill so that the two legislative chambers do not have go into a bicameral conference committee process....
After years of waiting, the live-action adaptation of Disney’s animated classic “The Little Mermaid” is finally upon us. We rediscover the tale of Ariel as she journeys her way from the wonders of the sea to the human world. And just like the animated feature, the new film offered...
Senator Sherwin Gatchalian said the Energy Regulatory Commission (ERC) should penalize the National Grid Corporation of the Philippines (NGCP) appropriately for delayed transmission projects that adversely impact the country’s electricity supply. Sen. Sherwin...
The Presidential Communications Office-Bureau of Communication Services (PCO-BCS) has launched The Philippine Gazette, a free newsletter that aims to inform the public about the programs and projects of the Marcos administration. *The Philippine Gazette (PCO)* The PCO-BCP launched the free...
Senators on Wednesday, May 24 slammed the National Grid Corporation of the Philippines (NGCP) for charging consumers over projects that are still not completed. Based on the records of the Energy Regulatory Commission (ERC) there are 72 delayed NGCP projects, including six that are energy projects...
Transmission firm National Grid Corporation of the Philippines (NGCP) objected to the planned audit by the Department of Energy (DOE) and two other state-run companies – the Power Sector Assets and Liabilities Management Corporation (PSALM) and National Transmission Corporation (TransCo), stating...
President Ferdinand “Bongbong” Marcos Jr. has certified the proposed Maharlika Investment Fund (MIF) bill as urgent. Senate Bill No. 2020 is currently under the period of interpellations at the Senate. The President’s certification was read out by Senate Secretary Renato Bantug Jr. o...
Former Senator Rodolfo Biazon is currently in the intensive care unit (ICU) and is recovering from a “bad case of pneumonia.” Senate President Juan Miguel “Migz” Zubiri announced this at the start of the Senate plenary session on Wednesday, May 24. “If I may, may we also dedicate our...
Senators on Wednesday, May 24 expressed their disappointment after officials of the National Grid Corporation of the Philippines (NGCP) confirmed earlier claims that most of its profits went to the pockets its stockholders. This was bared by NGCP Assistant Corporate Secretary Ronald Dylan Concepcion...
