Friday, September 22, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Special Pages
    • Pets
    • Tech
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • On the Road
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Cravings
    • Environment & Sustainability
    • Agriculture
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
    • Gallery
      • Photos
      • Videos
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Special Pages
    • Pets
    • Tech
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • On the Road
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Cravings
    • Environment & Sustainability
    • Agriculture
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
    • Gallery
      • Photos
      • Videos
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home News Top Stories

Mining tax hike mulled

John Paolo BencitobyJohn Paolo Bencito
July 25, 2017, 12:01 am
in Top Stories
Reading Time: 3 mins read
A A
Share on FacebookShare on TwitterShare on Email

PRESIDENT Rodrigo Duterte on Monday threatened to impose higher taxes on mining companies or shut them down if they fail to come up with ways to compensate the country for the damage they do to the environment.

In his second State of the Nation Address, Duterte said extreme care should be exercised to avoid needlessly harming the environment.

“I will increase their taxes. I think of something that will compensate or will make up for this environmental damage or otherwise, we will stop mining. That’s not good,” the President said. 

Duterte also called on local government units to ensure mining companies complied with environmental laws and urged them to declare their exact incomes to the Finance Department—saying that he would shut them down if they did not.

Duterte also said he would stop the extraction and exportation of unprocessed mineral resources to other countries.

“If possible, we shall put a stop to the extraction and exportation of our mineral resources to foreign nations for processing abroad and importing them back to the Philippines in the form of consumer goods at prices twice or thrice the value of the original raw materials foreign corporations pay for them,” he said.

The President said he was not anti-mining, but warned the industry that it would be held responsible for the full and quick cleanup of mined areas.

“I am warning all mining operations and contractors to refrain from the unbridled and irresponsible destruction of our watersheds, forests, and aquatic resources. You have gained much from mining, we only get about P70 billion a year, but you have considerably neglected your responsibility to protect and preserve… [the]environment for posterity,” Duterte said.

Environment Secretary Roy Cimatu

“I am holding all mining companies and their officials responsible for the full and quick cleanup, restoration [and] rehabilitation of all areas damaged by mining activities, and the extension of all necessary support to the communities that have suffered mining’s disastrous effects on their health, livelihood, and environment,” he said.

Duterte earlier vowed to resolve concerns raised by different stakeholders but said the mining industry cannot be outright phased out because there is a law regulating its operations.

Environment Secretary Roy Cimatu earlier said his department expects to release by the end of July the results of an assessment of an appeal by mining companies shut down by his predecessor, Regina Lopez.

Lopez earlier ordered a review on the operations of all operating metallic mines in the country.  Following the audit, she announced that 23 mining operations would be closed and five more would be suspended. Twelve mining companies passed the audit.

Lopez then announced that the government would cancel the mining contracts of 75 mining projects which were found within or near watersheds. She also ordered a ban on prospective open-pit mines. 

Mining companies questioned the decision and filed an appeal with the Environment Department.  Some companies also opted to file their appeal with the Office of the President. 

In the same speech, Duterte called on industrialists to convert raw materials from mines to finished products so that Filipinos could benefit.  

“That is why I say that it is not enough that we mine this wealth. What is more important is that we convert the raw material thereof into finished products for international and local purposes. That way, it will not only be the few who are the rich but also the poor who are many who will benefit,” he said.  

Tags: Higher TaxesMining companiesPresident Rodrigo DuterteRegina LopezSecretary Roy CimatuState of the Nation Address
ADVERTISEMENT
John Paolo Bencito

John Paolo Bencito

Related Posts

Classes suspended across Metro Manila as smog blankets region

byManila Standardand1 others
September 22, 2023, 11:56 am
0
8
Classes suspended across Metro Manila as smog blankets region

Local governments in Metro Manila suspended classes on Friday due to the presence of suspected volcanic smog or vog, but...

Read more

Tougher agri law marked urgent

byCharles Dantesand2 others
September 22, 2023, 1:20 am
0
8
Doc kills 3, hurt 1 in shooting at Ateneo campus

PBBM certifies Senate bill imposing sanctions on agricultural sabotage President Ferdinand Marcos Jr. on Thursday called for the immediate passage...

Read more

PH, 60 countries sign treaty protecting high seas

byRey E. Requejo
September 22, 2023, 1:00 am
0
8
Southwoods nails Seniors’ Fil golf crown

The Philippines joined over 60 other countries at the United Nations in signing the first-ever treaty on protecting the international...

Read more

‘Sierra Madre’ falling apart; SolGen to handle WPS case

byRey E. Requejoand1 others
September 22, 2023, 12:55 am
0
8
YEAR IN REVIEW: Top news in 2021

The BRP Sierra Madre, which was deliberately grounded on Ayungin (Second Thomas) Shoal in 1999 to serve as an outpost...

Read more

‘Congress passing budget next week’

byMacon Ramos-Aranetaand1 others
September 22, 2023, 12:50 am
0
8
House staff undergo training to improve office performance

Speaker Martin Romualdez on Thursday committed that the House of Representatives will pass the proposed P5.768 trillion national budget for...

Read more

Gibo: ‘Manipulation’ of activists probed

byVince Lopez
September 22, 2023, 12:45 am
0
8
Defense chief: PH not a pawn in SCS conflict

Defense Secretary Gilbert Teodoro Jr. vowed to look into who was behind what he called the manipulation of two environmental...

Read more

Print Edition

View More

Recent Posts

  • Lawmaker seeks whole-of-nation approach against online child abuse
  • AFP to recruit 2m reservists once ROTC made mandatory again
  • Indigent families in Caloocan receive fish packs from Tingog party-list
  • Agency backs proposal to hire senior citizens
  • Thai PM meets Musk, tech firms on investments
  • PetroSolar signs 3-year supply deal with Shell Energy
  • ACEN subscribes to shares of 5 floating solar proponents
  • From bean to bar

Advertisement

Latest News

PetroSolar signs 3-year supply deal with Shell Energy

byAlena Mae S. Flores
September 22, 2023, 8:05 pm
0
8
PetroSolar’s Tarlac plant delivers power

PetroSolar Corp. (PSC), a subsidiary of PetroGreen Energy Corp. (PEGC), said Friday it signed a three-year power supply agreement (PSA)...

Read more

ACEN subscribes to shares of 5 floating solar proponents

byAlena Mae S. Flores
September 22, 2023, 8:00 pm
0
8
Donation

ACEN Corp. said Friday it  subscribed to shares of five of wholly-owned subsidiaries that won contracts to develop solar projects...

Read more

From bean to bar

byPatricia Taculao
September 22, 2023, 7:55 pm
0
8
Expanded DA Young Farmers Challenge 2023 to launch soon

As the King City of the South, Davao is home to numerous natural resources that reward the province with high...

Read more

DA-BPI successfully conducted the 2023 National Research and Development Review

byManila Standard
September 22, 2023, 7:45 pm
0
8
Expanded DA Young Farmers Challenge 2023 to launch soon

The Department of Agriculture-Bureau of Plant Industry (DA-BPI), led by Assistant Director Herminigilda A. Gabertan, Ph.D., conducted the 2023 National...

Read more

Expanded DA Young Farmers Challenge 2023 to launch soon

byManila Standard
September 22, 2023, 7:40 pm
0
8
Expanded DA Young Farmers Challenge 2023 to launch soon

On September 28, 2023, the Department of Agriculture (DA), through the Agribusiness and Marketing Assistance Service (AMAS) in collaboration with...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Pets
  • Tech
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Cravings
  • Environment & Sustainability
  • Agriculture
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Gallery
    • Photos
    • Videos
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App