The final draft implementing rules and regulations (IRR) of Executive Order (EO) 130 is now awaiting the signature of Environment Secretary Roy Cimatu, according to Mines and Geosciences Bureau's (MGB) top official. This is more than two months since President Rodrigo Duterte signed EO 130, which am
The mass registration of coconut farmers who will benefit from the forthcoming release of the P100-billion coco levy fund will be a continuous process. And the Philippine Coconut Authority (PCA) must issue a formal clarification on this matter to ease the anxiety among farmers who are not yet part
Published June 3, 2021, 4:19 PM
The Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO) is still clarifying with the government panel that revised concession agreements between MWSS and water concessionaires if the foreign currency differential adjustments (FCDA) can still be implemented for the third quarter this year.
In a text exchange, MWSS Chief Regulator Patrick Ty said it is not yet clear whether or not the FCDA adjustments for the third quarter and fourth quarter of this year can still be applied amid the issuance of the revised CAs (RCA) between the government and its two concessionaires, Maynilad Water Services Inc. and Manila Water Company, Inc.
Villarica Pawnshop, one of the country’s leading pawnshop operators, posted declines in revenues in all its services in 2020 except remittance.
Without revealing the actual figure, Villarica Pawnshop Vice-President for Operations Lester Villarica told Business Bulletin that loans dropped by 13.5
Published May 10, 2021, 6:00 AM
The government also plans to conduct its own mineral explorations across different parts of the country following the implementation of Executive Order (EO) 130, which now allows the approval of new mining projects in the country.
Mines and Geosciences Bureau (MGB) Director Wilfredo Moncano said such a plan will prevent the disposal of government-owned mining assets for the wrong value.
MGB Director Wilfredo Moncano (Photo credit: https://region1.mgb.gov.ph/)
“We also intend to do our own mineral exploration in mining assets held by the government, [through] PMO [Privatization Management Office], to provide updated geological information and evaluation of these mining assets so they could be disposed at a better price,” Moncano told Business Bulletin.