Tag: PCCI

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 PCCI hails new BIR rules, relief for MSMEs

 The Philippine Chamber of Commerce and Industry (PCCI) has welcomed the Bureau of Internal Revenue’s (BIR) new streamlined business closure rules, calling them a...

Philippines, Paraguay partner to expand trade, investment

The Philippine Chamber of Commerce and Industry (PCCI) and Paraguay’s Investment and Export Network REDIEX have signed a memorandum of understanding (MOU) to strengthen trade, foreign investment, and export opportunities between the two nations.

PCCI urges bold three-pronged energy strategy

The Philippine Chamber of Commerce and Industry (PCCI) on Tuesday urged the government to adopt a bold national energy strategy anchored on three key pillars to ensure reliable, affordable, and sustainable power for the country.

PCCI pushes Senate to fast-track energy incentives

The Philippine Chamber of Commerce and Industry (PCCI) is urging the Senate to accelerate the passage of an energy policy package centered on expanded fiscal incentives and faster domestic oil and gas exploration.

Firms get alternative fuel offers amid volatility

Philippine manufacturers facing rising fuel costs and global uncertainty are being presented with alternative energy supply options, as the private sector moves to cushion the impact of geopolitical tensions.

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OceanaGold sets aside P768.43M for Didipio mine rehabilitation and decommissioning

OceanaGold Philippines Inc. (OGPI) has allocated P768.43 million under its Final Mine Rehabilitation and Decommissioning Plan (FMRDP) for the Didipio gold and copper mine that spans Nueva Vizcaya and Quirino provinces. In a statement released Sunday, the listed mining firm confirmed that P551.4 million has already been placed in a trust fund. The company said the fund will keep growing in line with required annual contributions as it moves forward with rehabilitation and closure preparations while the mine remains active.

ERC approves provisional FIT-All rate hike to P0.3359 Per kWh

The Energy Regulatory Commission (ERC) has granted the National Transmission Corporation (TransCo) provisional authority to collect a higher Feed-in Tariff Allowance (FIT-All) rate starting this month. The rate will rise to P0.3359 per kilowatt-hour (kWh) from the existing P0.2011 per kWh, marking an increase of P0.1348 per kWh. This adjustment covers the approved working capital allowance (WCA) rate update.

Meralco backs ERC-ordered P9.5B consumer refund program

Listed Manila Electric Co., the country’s largest power distributor and better known as Meralco, on Sunday said it will immediately comply with the Energy Regulatory Commission's (ERC) directive to refund about P9.5 billion to customers, backing the government's push to deliver quicker and more transparent electricity bill relief.

PCCI says power bill relief must lead to deeper energy reforms

The Philippine Chamber of Commerce and Industry (PCCI) said the government's plan to scrap systems loss charges and the value-added tax (VAT) on electricity bills should serve as a springboard for broader reforms aimed at lowering power costs and improving the country's investment competitiveness.

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