Marcos orders DoE shift to permit processing in parallel
PRESIDENT Ferdinand R. Marcos, Jr. said the Department of Energy’s (DoE) method of expediting power project approvals can be fine-tuned further by resorting to simultaneous permit processing, avoiding the waiting time caused by sequential approvals.Mr. Marcos made the remarks at
Nearly half-million doses of ASF vaccine due by mid-Oct.
REUTERSTHE Department of Agriculture (DA) said on Tuesday that it is expecting to deploy 490,000 doses of the African Swine Fever (ASF) vaccine by mid-October.“By Oct. 17-19, the (Bureau of Animal Industry) will issue a notice to proceed with the
Doubts raised about crypto taxability in proposed digital-services VAT law
REUTERSBy Kenneth Christiane L. Basilio, ReporterTHE GOVERNMENT is likely to run into difficulty in trying to apply a digital-services value-added tax (VAT) to cryptocurrency traders, analysts said.While acknowledging that the upcoming law could plausibly apply to crypto-related services, the analysts
Net external liabilities fall 6.5% quarter on quarter at end-June
Bangko Sentral ng Pilipinas main office in Manila. — BW FILE PHOTOTHE Philippines’ net external liability position declined 6.5% at the end of June, the Bangko Sentral ng Pilipinas (BSP) said.Citing preliminary data, the BSP said the international investment position
Xiamen-based companies express interest in PHL investments — BoI
XINHUATHAI.COMFIVE companies from Xiamen in southern China have expressed interest in investing in Philippine electric vehicle (EV) manufacturing, infrastructure, green metals, and mining projects, the Board of Investments (BoI) said.In a statement on Tuesday, the BoI said that the companies