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FIRB ups investment capital threshold for IPA projects | Reine Juvierre S Alberto and Andrea E San Juan

THE Fiscal Incentives Review Board (FIRB) has approved a resolution to increase the investment capital threshold for projects handled by Investment Promotion Agencies (IPAs) from P1 billion to P15 billion. In a statement on Monday, Finance Secretary and FIRB Chairperson Ralph G. Recto commended the FIRB for its “swift action…

PHL, Indon deal on RE to bank on private sector

THE private sector will be playing a bigger role in addressing energy supply issues under a newly signed Memorandum of Understanding (MOU), which aims to promote renewable energy between the Philippines and Indonesia. President Ferdinand R. Marcos Jr. and Indonesian President Joko Widodo witnessed the presentation of the MOU after…

PBBM eyes new WPS tack as he shuns oust-envoy call

WITH “traditional” forms of protest against growing aggression by Chinese ships in the West Philippine Sea (WPS) apparently failing to nudge Beijing, President Ferdinand R. Marcos, Jr. is now pushing for a multinational solution to address the situation. “We have to do something what we have not done before. We have…

Wowed by Japan, Marcos eyes new 10-year economic blueprint

RECOGNIZING Japan as a technological leader and one of Association of Southeast Asian Nations’ (Asean) important strategic partners, President Ferdinand R. Marcos Jr. is now pushing for the creation of a new 10-year economic road map, which allows both parties greater cooperation on climate resilience and food security. “It is imperative for Asean…

Wowed by Japan, PBB Meyes new 10-yr econ blueprint | Bernadette D Nicolas

RECOGNIZING Japan as a technological leader and one of Association of Southeast Asian Nations’ (Asean) important strategic partners, President Ferdinand R. Marcos Jr. is now pushing for the creation of a new 10-year economic road map, which allows both parties greater cooperation on climate resilience and food security. “It is imperative for Asean…

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