2018

PNR extends train service from Malabon to Taguig

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By Faye Orellana, December 4 2018; Philippine Daily Inquirer https://newsinfo.inquirer.net/1059702/pnr-extends-train-service-from-malabon-to-taguig Image Credit to Inquirer.net The Department of Transportation (DOTr) has announced the launch of the Malabon-Taguig line of the Philippine National Railways (PNR). In an advisory, the DOTr said that the PNR Malabon-Taguig began operating on Monday. Transport Secretary Arthur Tugade said operations were still […]

2018

Boracay closure prompts DOT to rework tourism goals

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By Ma. Stella F. Arnaldo, December 3 2018; Business Mirror https://businessmirror.com.ph/boracay-closure-prompts-dot-to-rework-tourism-goals/ Image Credit to Business Mirror FOREIGN arrivals targets under the National Tourism Development Plan (NTDP) will likely be scaled down in the wake of the closure of Boracay Island this year. This was disclosed by Tourism Secretary Bernadette Romulo Puyat to reporters on the sidelines […]

2018

Congress calendar may change for 2019 budget

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By Butch Fernandez & Bernadette D. Nicolas, November 29 2018; Business Mirror https://businessmirror.com.ph/congress-calendar-may-change-for-2019-budget/ Image Credit to Ibon.org SENATE President Vicente C. Sotto III gave assurances on Wednesday that senators are working on a solution to avert a reenacted 2018 national budget should the two chambers of Congress fail to ratify a reconciled final version of the 2019 budget bill. Sotto acknowledged that the tight congressional […]

2018

Policies for SMEs to protect their business

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By Henry J. Schumacher, November 27 2018; Business Mirror https://businessmirror.com.ph/policies-for-smes-to-protect-their-business/ Image Credit to Rappler Small and midsize businesses are increasingly being targeted by cybercriminals—but they often lack the resources and expertise to develop comprehensive security policies to help defend against threats. These companies also have done little yet to fully comply with the Data Privacy Act […]

2018

NEDA, PRA sign agreement to prevent ‘indiscriminate’ reclamation project approvals

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By Elijah Joseph C. Tubayan, November 26, 2018; Business World https://www.bworldonline.com/neda-pra-sign-agreement-to-prevent-indiscriminate-reclamation-project-approvals/ Image Credit to Philippine Star THE NATIONAL Economic and Development Authority (NEDA) and the Philippine Reclamation Authority (PRA) signed a joint memorandum circular on Thursday firming up supervision of reclamation project proposals before they are approved. The directive aims “to foster heightened compliance with the […]

2018

Arroyo to Executive branch: Take extra step to enforce economic laws and policies

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By Jovee Marie de la Cruz, November 27 2018; Business Mirror https://businessmirror.com.ph/arroyo-to-executive-branch-take-extra-step-to-enforce-economic-laws-and-policies/ Image Credit to Philippine Star House Speaker Gloria Macapagal-Arroyo on Monday urged the Executive branch of government to take “extra action” to implement economic laws and polices passed by Congress and “transform these into actual business activity.” At a lunch briefing with media, Arroyo said […]

2018

DOF reviewing mechanics of fuel excise tax suspension

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By Rea Cu, November 27 2018; Business Mirror https://businessmirror.com.ph/dof-reviewing-mechanics-of-fuel-excise-tax-suspension/ Image Credit to Business Mirror THE Department of Finance (DOF) is reviewing the measure on the suspension of the fuel excise tax increase for 2019, looking at how to shorten the period of the suspension when it is implemented next year. Finance Secretary Carlos G. Dominguez […]

2018

Gov’t adopts long-term Metro Manila Plan

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By Joel E. Zurbano, November 24 2018; Manila Standard http://manilastandard.net/news/national/281342/gov-t-adopts-long-term-metro-manila-plan.html Image Credit to Business World The government has presented a long-term development program designed to transform Metro Manila into a highly competitive East Asian metropolis.The Metropolitan Manila Development Authority came up with the ambitious program dubbed “Regional Development Plan for the National Capital Region 2017-2022” which […]

2018

House bill to cut ‘red tape’ on power project approval hurdles final reading

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By Jovee Marie de la Cruz, November 23 2018; Business Mirror https://businessmirror.com.ph/house-bill-to-cut-red-tape-on-power-project-approval-hurdles-final-reading/ Image Credit to Business World The House of Representatives has approved on third and final reading House Bill 8417, or the Energy Virtual One Stop Shop (eVOSS), that seeks to provide a faster and more efficient application and processing time for power-generation projects. AKO […]

2018

Reenacted budget for 2019 most likely, say senators

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By Leila B. Salaverria, Marlon Ramos, November 22 2018 https://newsinfo.inquirer.net/1055960/reenacted-budget-for-2019-most-likely-say-senators Image Credit to Business World The government is most likely to have a reenacted budget for 2019 in January even if the House of Representatives approved the P3.757-trillion general appropriations bill earlier than initially expected, according to Senate Majority Leader Juan Miguel Zubiri. The House approved the […]