BEN KRITZ, TMT

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A RECENT Chinese initiative to tighten measures for preventing the spread of the mosquito-borne Zika virus in the country are threatening to cause delays to shipments at one of the busiest times of the year, exporters and freight forwarders have complained. China this week issued amendments to regulations that were…

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Study points out most invasive species carried to PH by ship THE Food and Agricultural Organization (FAO) of the UN is considering imple-menting an international phytosanitary standard directed primarily at sea shipping, given that the one-year grace period to allow countries to tighten protections against invasive biological species will expire…

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THE Energy Regulatory Commission on Monday issued a notice of public discussion on the ERC website on a proposal to close an apparent loophole in net metering rules that could make private owners who ‘export’ excess electricity to the grid eligible for subsidies intended for poor consumers. At issue is…

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THE shortfall in ‘affordable’ housing has now reached, according to the government’s best estimates, about 5.5 million, and will likely be 5.7 million by the end of this year. It has prompted Vice President Leni Robredo, in her capacity as head of the Housing and Urban Development Coordinating Council (HUDCC),…

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Builders shifting focus to investors, 2nd-property buyers, analysts says THE Philippines is aggressively pitching condominium and dormitory-type hou-sing for students to overseas investors, particular in Qatar and elsewhere in the Middle East, part of an effort among developers to “branch out” from the traditional end-user market, an analyst from real…

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THE P3.3-trillion national budget, on which Congressional deliberations have just begun, will need more funding than the government can be expected to gather under the current revenue framework, and that leaves two options: The government can either significantly increase its amount of debt, or it can raise taxes. Since reworking…

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A Philippine medical technology company bested a number of firms from the US, Thailand, Malaysia and the Philippines to claim the top prize at the Takeda Foundation Digital Healthcare Innovation Challenge, after a final pitching competition held at the Asian Institute of Management on August 6. Ascendant Technologies Corp. of…

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THE distributor of cosmetic products sold under the Belo Essentials is moving to correct packaging that erroneously showed them containing the banned substance isobutyl paraben, stressing that they were simply mislabeled and are safe for use, a company official told The Manila Times. In a phone interview, Jojie Dingcong of…

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MYANMAR has taken steps to reduce an oversupply of high-end residential property units by relaxing rules on foreign investment, according to a recent report by real estate services firm Jones Lang Lasalle (JLL). JLL explained that with the liberalization of the economy and transfer of political power from the military…

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