The Land Transportation and Franchising Regulatory Board (LTFRB) on Thursday ruled out fare hikes as high as P50 following the prompt implementation of the Public Utility Vehicle Modernization Program (PUVMP).
Power consumption across the Philippines is seen rising 6.6 percent this year and requires the production of between 600 to 700 megawatts of new electricity, according to estimates by Aboitiz Power Corp.
House Speaker Ferdinand Martin G. Romualdez on Thursday urged the Department of Transportation (DOTr) to extend the implementation period of the Public Utility Vehicle Modernization Program (PUVMP) and review it in full even as he called on the House transportation committee to look into reports of alleged corrupt practices in its conceptualization and eventual implementation.
Some 3.48 million metric tons (MT) of rice were imported from overseas suppliers as of 28 December 2023, according to the Bureau of Plant Industry’s National Plant Quarantine Services Division.
Heavyweight advocates and thought leaders at the Foundation for Economic Freedom (FEF) called on government on Thursday to lift decades-old Constitutional prohibitions they assert serve only as binding constraints to the economic growth and development of the country.
The Philippines is seeking to turn intellectual property into a financing and growth tool for small businesses, with the government and the World Intellectual Property Organization (WIPO) targeting at least 500,000 Filipino entrepreneurs under an expanded partnership.
Converge ICT Solutions Inc. reported minimal service impact after a Philippines‑Singapore submarine cable failure last Friday, as traffic was instantly shifted to alternate routes, chiefly the new Bifrost cable system. Most home and business users stayed connected, with only isolated issues accessing Singapore‑hosted sites and apps.
Geely Motor Philippines is preparing to expand its electrified vehicle lineup with the upcoming launch of the Monjaro EM-i, a D-segment plug-in hybrid SUV aimed at the growing local market for hybrid and electric vehicles.
The Bureau of Internal Revenue (BIR) has tightened and clarified its tax refund procedures, seeking to reduce filing confusion, prevent applications from being sent to the wrong offices and give taxpayers clearer expectations on processing times.