Top News

By Luis Leoncio Top Philippine and Japanese officials have agreed to streamline their respective approval processes and introduce new measures to put in the fast lane the implementation of big-ticket infrastructure contracts for possible Japan financing under the so-called “Fast and Sure” principle.

The Senate will tackle the proposed P3.767 budget for this week after receiving last September 27 from the House of Representatives House Bill 6215 or the 2018 General Appropriations Bill (GAB).

By Riza Lozada Credit watchdog Moody’s Investors Service (Moody’s) warned in a country report that a rapid escalation of domestic political conflict that undermines institutional strength and the government’s reform agenda would be “credit negative.”

By Luis Leoncio The Energy Regulatory Commission (ERC) rejected the petition for intervention filed by the Power for People (P4P) Coalition, a coalition of civic groups, consumer organizations, and homeowners against Meralco’s Power Supply Agreements (PSAs) involving 3,551 megawatt (MW) of coal with its sister companies.

The SM Group’s charity work arm SM Foundation recently launched its 146th Rural Farmers’ Training Project in Barangay San Pablo, Ormoc City with 240 participants composed of farmers and beneficiaries of the government’s 4Ps program.

State think tank Philippine Institute for Development Studies (PIDS) recently urged policymakers to pursue a comprehensive study before embarking on the proposed shift to a federal form of government.

Newly-installed Bangko Sentral ng Pilipinas (BSP) Gov. Nestor Espenilla Jr. received a strong endorsement from credit watchdog Moody’s Investors Service which said Espenilla’s posting assured investors of continuity in the policies of his predecessor Amando Tetangco Jr.

Antitrust watchdog Philippine Competition Commission (PCC) is seeking an increase in its personnel with the full effect of the Philippine Competition Act (PCA) after a two-year provided in the law ended last August. PCC chairman Arsenio Balisacan said the agency is bracing for a “deluge” of complaints on monopolies, cartels and other anti-competitive practices with the full effectivity of the …

By Riza Lozada  Philippine Airlines (PAL) has offered to build a P20-billion passenger terminal beside its current hub at the NAIA Centennial Terminal 2 to expand capacity and dramatically improve passenger convenience. 

By Luis Leoncio  Transport network company (TNC) Uber Technologies paid a total of P489.24 million for the Land Transportation Franchising and Regulatory Board (LTFRB) to lift a one-month suspension.