Two-thirds of DMW budget devoted to worker repatriation

SOME 66% of the P15.21-billion 2023 budget for the newly established Department of Migrant Workers (DMW) has been allocated to the Emergency Repatriation Program run by the Overseas Workers Welfare Administration (OWWA), the Department of Budget and Management (DBM) said in a statement on Tuesday. Under the 2023 National Expenditure Program, P10.039 billion is earmarked for the […]

Legislator seeks removal of Wi-Fi spectrum user fees to improve service in remote areas

A LEGISLATOR has asked the National Telecommunications Commission (NTC) to recall two circulars, one of which outlines the spectrum user fees (SUF) charged for using the Wi-Fi spectrum, in order to encourage the growth of smaller telecommunications companies where telco services are irregular. Samar Rep. Paul R. Daza said in a statement that memorandum circular […]

More than 350 prisoners freed 

THE BUREAU of Corrections has released more than 350 inmates, including sick and elderly ones, as it tries to decongest the country’s jails.  “I hope that we never see each other again,” bureau Director-General Gerald Q. Bantag told inmates in Filipino at a ceremony for their release, which was streamed live on Facebook on Tuesday.  […]

NEDA proposes changes to arbitration and MAGA clauses in revised rules for BOT Law

THE NATIONAL Economic and Development Authority (NEDA) proposed new revisions to the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law, which reflect the government’s willingness to share the risk in public-private partnership (PPP) projects. The draft rules, which were uploaded on the NEDA website, showed changes to the provisions on arbitration and material […]

Amazon, Apple and Google pledge training for women in Indo-Pacific

Fourteen US companies including Amazon.com Inc. and Visa Inc. each pledged to provide at least 500,000 digital training and education opportunities for women and girls in the Indo-Pacific region as part of a Biden administration initiative. The program, undertaken within the broader 14-nation Indo-Pacific Economic Framework for Prosperity, is focused on Brunei, Fiji, India, Indonesia, […]

Megawide, India’s GMR divesting from MCIA; Aboitiz group to take over

MAYA PADILLO By Arjay L. Balinbin, Senior Reporter Megawide Construction Corp. and its partner India’s GMR Airports International BV (GAIBV) are divesting their stakes in Mactan Cebu International Airport (MCIA). Aboitiz InfraCapital, Inc. (AIC) will eventually operate the airport, which is currently managed by GMR-Megawide Cebu Airport Corp. (GMCAC), the joint venture of Megawide and […]

Philippines faces twin storms

SUPER Typhoon Hinnamnor was set to enter the Philippines’ jurisdiction on Wednesday night or early Thursday morning, the state weather bureau said.  Hinnamnor, which will be named Henry in the Philippines, kept its strength while moving over the sea, senior weather specialist Raymond Ordinario told a news briefing. “It will have a direct effect once […]

Promoting ethical behavior in the pharma industry

Unethical behavior negatively impacts business performance, reputation, and access to funding and financing. It is a liability for businesses, said the Asia-Pacific Economic Cooperation (APEC).   According to an APEC study titled “The Benefits of Embracing Ethical Business Conduct,” businesses that deploy dishonest approaches often do so to fulfill their short-term financial objectives. In the long […]

Internet transactions bill approved unanimously by House committee

THE proposed Internet Transactions Act, which seeks to establish an electronic commerce (e-commerce) bureau, was unanimously approved by the House Trade Committee on Wednesday. The committee had consolidated several bills before voting for the version it approved, invoking section 48 of the rules of the House of Representatives, which allows records of past proceedings to […]

P173-M worth of illegal drugs seized in buy-bust operation 

AUTHORITIES seized P173.40-million worth of crystal methamphetamine, popularly known in the Philippines as shabu, in a buy-bust operation near the capital Manila on Wednesday morning, according to the presidential palace.   The illegal drugs seized in an operation in Roosevelt Avenue in Quezon City weighed almost 25.5 kilograms, Interior and Local Government Secretary Benjamin C. Abalos, […]