By Angelica Y. Yang ALCANTARA-LED Alsons Consolidated Resources, Inc. (ACR) has earmarked around P6.54 billion as capital expenditures (capex) for four projects under development, including three hydro plants, the listed firm said over the weekend. ACR, which claims to be the first private sector power generator in

THE LATEST version of the adidas Ultraboost shoe line will be available in the country beginning next month. Designed and developed with input from runners and testers, the Ultraboost 21 features a bold new design combined with the latest in performance technology. At the center of the

By Kyle Aristophere T. Atienza JOB CREATION this year will depend largely on how efficient the government is in administering its infrastructure program, with underspending cited as a key risk, according to an infrastructure think tank. “The Duterte government should do what it can to deliver on

THE bicameral session on a key tax reform bill continues to be subject to negotiations by the delegations sent by both chambers of Congress, with a key legislator suggesting that both chambers may be hard-pressed to meet a self-imposed January deadline for approving it. Representative Jose

THE PHILIPPINES is likely to see more clean energy investment as an offshoot of the US rejoining the Paris Agreement, the industry’s regulator said. In a text message, National Renewable Energy Board (NREB) Chair Monalisa C. Dimalanta said she remains hopeful that a US administration led

A RECENTLY SIGNED 15-country trade deal may not significantly benefit the Philippine economy and instead expose its lack of competitiveness in manufacturing, a senior equities research executive for Regis Partners said. “I think it will continue to highlight that we’re a lot less competitive in terms

THE Energy Regulatory Commission (ERC) said Friday that it added 12 new sections to its revised rules of practice and procedure (RPP), to allow the electronic filing of pleadings and virtual hearings, in order to facilitate continued operations during the pandemic. In a statement, the ERC

The Department of Finance (DoF) originally designed its tax reform package 2 to be revenue-neutral, gradually lowering the corporate income tax (CIT) rate while modernizing incentives and making them “performance-based, targeted, time-bound, and transparent” for companies. However, the COVID-19 pandemic brought about unforeseen hardships and challenges

THE DEPARTMENT of Health (DoH) reported 1,949 coronavirus infections on Sunday, bringing the total to 513,619. The death toll rose by 53 to 10,242, while recoveries increased 7,729 to 475,612, it said in a bulletin. There were 27,765 active cases, 83.3% of which were mild, 9.1% did

By Kyle Aristophere T. Atienza PRESIDENT Rodrigo R. Duterte should push lawmakers to extend the terms of Bangsamoro Region in Muslim Mindanao officials to prevent the armed conflict there from intensifying, political analysts said. The President, who is from Mindanao, should certify as urgent several bills seeking

Over 500 foreigners, mostly Chinese, arrested last year THE Bureau of Immigration (BI) arrested more than 500 foreigners alleged to have violated the country’s immigration laws in 2020, lower than the more than 2,000 arrested in 2019. In a statement, the bureau said its intelligence operatives