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Davao City—The Australian government has approved additional funds amounting to 40 million Australian dollar (P2 billion) for peace initiatives in the Philippines.

While the nation debates whether to prioritize economic growth or environmental sustainability, a company is proving that solar energy is already cheaper than coal.

Multilateral financing agency World Bank (WB) recently approved the funding for the Philippines’ first bus rapid transit (BRT) project.

The Philippine Stock Exchange Inc. (PSE) recently participated in the global “Ring the Bell for Gender Equality” initiative in celebration of the International Women’s Day. Over 40 stock exchanges worldwide took part in this event, which is now on its third year.

Committed to developing Central and Northern Luzon through high impact infrastructure, the Bases Conversion and Development Authority (BCDA) brings the Build Build Build Infrastructure Plan to the Clark Development Stake­holders Roadshow at the Royce Hotel, Clark Freeport Zone, Pampanga province.

By Luis Leoncio The Senate had spelled out conditions for the exten­sion of the franchise of Philippine Long Distance Telephone Co. (PLDT) mobile unit Smart Communications for anoth­er 25 years, including the public listing of the company’s shares.

By Riza Lozada The refusal of rich commu­nities to allow the installation of cell sites has been a major impediment to improving communications services, primarily internet speed, and the National Telecommuni­cations Commission (NTC) is urging Congress to enact a law to stop this.

The total log ban that former President Benigno S. Aquino III implemented under Execu­tive Order (EO) 23 was a “to­tal failure” and merely led to more corrupt practices in the logging industry, according to a study released by the Philip­pine Institute for Development Studies (PIDS).

The research group IBON warned the people that bigger power-rate increases loom during the dry season following the approval by the Energy Regulatory Commission of the staggered power-rate increase starting this month.

The Board of Accountancy, the government’s auditing regulator, is being accused of impeding President Duterte’s efforts to curb red tape with its new requirements on financial reports submitted by taxpayers.