Japanese business chamber questions DOE-DENR asset-surrender rule
Business

Japanese business chamber questions DOE-DENR asset-surrender rule

The Japanese Chamber of Commerce and Industry of the Philippines (JCCIPI) has raised questions regarding a new rule by the Department of Energy (DOE) and the Department of Environment and Natural Resources (DENR) concerning the transfer of energy-related assets. The rule may affect project continuity and the investment climate.

Read up to 3 eligible full articles per Japan day (JST) for free

Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.

  • Gatchalian Urges Stricter Oversight of Pet Service Providers

    Philippine Senate President Sherwin Gatchalian has called for enhanced oversight of pet service providers, urging local government units and relevant agencies to inspect and audit businesses like crematoriums to ensure compliance with licensing, environmental, and operational standards.

  • Philippines Eyes Oil Hub Deal with UAE

    A Philippine delegation is in talks with the UAE's ADNOC for a strategic oil storage facility, aiming to bolster national energy security and position Manila as a regional oil hub. The partnership targets a Q2 2027 rollout.

  • New Philippine Mining Contract Rules Raise Concerns Among Japanese Investors

    The Japanese Chamber of Commerce and Industry of the Philippines Inc. (JCCIPI) has voiced concerns over the Philippines' new framework for mining and natural resource contracts, warning it could deter investor confidence. Specifically, the requirement for asset surrender to the government upon contract expiration is seen as a potential impediment to business continuity and financing.

  • Robinsons Malls Honored for Energy Efficiency Efforts, Supporting Philippines' Sustainable Future

    Robinsons Malls has been recognized as an Energy Efficiency and Conservation Champion at the Philippine Energy Awards, highlighting its commitment to responsible energy use and sustainability. This achievement supports the Philippines' broader goals for energy security and a sustainable future.