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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.

A top official of the European Union (EU) warned the Philippines may lose billions of dollars in trade deals should the government pursue plans to resurrect the death penalty.

The International Chamber of Com­merce, Philippines (ICCP) has wel­comed the entry into force of the World Trade Organization’s (WTO) Trade Facilitation Agreement (TFA)—a landmark global trade agreement which could provide a boost to global trade flows of over US$1trillion.

Global publication Reader’s Digest (RD) revealed the winners of the prestigious Readers Digest Trusted Brands 2017 Awards during a ceremony at the Marco Polo Hotel in Ortigas, Pasig recently.

State grid operator National Grid Corp. of the Philippines (NGCP) plans to undertake several major facility improvement programs this year in its continuing pursuit of upgrading and strengthening the country’s power transmission network.

By Riza Lozada Local thrift banks are optimistic on growth in lending busi­ness despite the impact of the proposed hike in automobile excise tax.

The government has realized huge returns for every centavo it spent on the foreign trips of President Duterte last year, according to computa­tions by the Department of Finance (DOF).

The Philippines has among the most developed private-public -partnership (PPP) programs for the Asia-Pacific region, if not the world, an Asian De­velopment Bank (ADB) report said.

By Riza Lozada The fiscal balance for 2016 reflected the ramped-up spending of the Duterte administration in its effort to catch up with the huge underspending during the previous administration that limited the economy’s growth potential.