Economy

06 February 2023

• Regular SRP issuance hobbled by ‘fluctuating factors’–DTI

  THE Department of Trade and Industry (DTI) said it cannot issue suggested retail price (SRP) bulletin regularly due to “fluctuating factors” such as climate change, and price of fuel, among others.

• Payoneer to ‘intensify’ collab with BPO firms

  EXECUTIVES of the local business of Payoneer Global Inc. said the American financial services company aims to intensify “collaborations” with outsourcing leaders in the Philippines.

• President welcomes ₧18-B Isabela Solar Power project

  PRESIDENT Ferdinand R. Marcos Jr. welcomed the P18-billion 440-megawatt (MW) peak Isabela Solar Power Project, which is seen to boost the administration’s renewable energy thrust as well as local job generation.

• Davao City LGU inks agreement with PRA for reclamation project

  DAVAO CITY—The city government has applied with the Philippine Reclamation Authority (PRA) to reclaim the areas enclosed by the 18-kilometer coastal road project.

• Edsa Busway privatization study finalized by end-’23

  THE government should be able to complete the feasibility study for the privatization of the Edsa Busway within the year, a ranking official said.