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Unlocking 'trillions' in private sector funds: Panel okays new law on PPP

The House Committee on Public Works on Thursday approved a new Public Private Partnership law, which seeks to unlock “trillions” in corporate and private sector funds for  infrastructure projects in the country. House Committee on Ways and Means Chairman Joey Sarte Salceda, one of the authors of the bill, said…
Ferdinandr Marcos Jr Joey Sarte Salceda House Committee On Ways House Committee On Public Works Presidential Legislative Liaison Office Public Private Partnership

SIM card registration law to take effect in Philippines before end of 2022: Poe

MANILA (Philippine Daily Inquirer/Asia News Network): Senator Grace Poe has said that the SIM Card Registration Act, which aims to fight text scams and spam, is expected to take effect on Dec 27, even as uncertainties remain about whether the law will actually work.
Sherwin Gatchalian Grace Poe Communications Technology Department Of Information Manila Philippine Daily Inquirer Asia News Network Philippine Daily

Government must ensure poor consumers directly benefit from electricity lifeline rate subsidy–Gatchalian

The Energy Regulatory Commission (ERC), the Department of Energy (DOE), and the Department of Social Welfare and Development (DSWD) are closely working together to make sure that marginalized consumers are the actual beneficiaries of the electricity lifeline rate subsidy. The ERC, DOE, and DSWD recently approved the Implementing Rules and…
Sherwin Gatchalian Raphael Lotilla Department Of Energy Department Of Social Welfare Energy Regulatory Commission Pantawid Pamilyang Pilipino Program

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48th PBC&E ignites hope, optimism for PH economy

BUSINESS TALK GUEST COLUMNIST By WILLIAM S. CO, chairman, Philippine Chamber of Commerce and Industry The Philippines is indeed ready and open for business. This was evident at the recently concluded 48th Philippine Business Conference & Expo where over a thousand local and international dele
Sara Duterte Ferdinand Marcos Jr Department Of Education Office Of The Vice Williams Co Manila Hotel
Source: mb.com.ph

PCC review not needed for SMC acquisition of Eagle Cement

San Miguel Corporation can now push through with its P97.5 billion acquisition of 88.5 percent of Eagle Cement Corporation after the Philippine Competition Commission (PCC) has ruled that its approval is no longer required for the transaction. In a disclosure to the Philippine Stock Exchange, SMC
Monical Ang John Paull Ang Ferdinand Constantino Ramons Ang San Miguel Equity Investments Inc Holdings Inc
Source: mb.com.ph

Law prohibits 'No return, no exchange' policy — DTI – Manila Bulletin

The Department of Trade and Industry (DTI) has reiterated that the “No Return, No Exchange” policy is prohibited and is considered deceptive sales act under the law. Republic Act No. 7394 (RA 7394) or the “Consumer Act of the Philippines,” as well as its Implementing Rules and Regulations pro
The Philippines Ann Clairec Cabochan Consumer Protection Group No Exchange Implementing Rules Consumer Act
Source: mb.com.ph

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