About P400 million budget will be set aside for the Philippine government’s program to encourage Filipino households to plant their own food program, the Department of Agriculture (DA) said. In a statement, the DA said it is allotting P400 million under the “Bayanihan to Recover As One Act”...
Retired Supreme Court Associate Justice Antonio Carpio and a lawyers’ group warned of violation of the Constitution and national security risk if Congress enacts law to remove telcos as a public utility open to foreign control. Retired Supreme Court Associate Justice Antonio Carpio (JOHN JEROME...
Pump prices will take new round of pinch on consumers’ pockets this week as the price of gasoline products had been increased by P0.60 per liter, based on the announcements of the oil companies. Diesel, which is the other major fuel commodity used by motorists, will also go up by P0.20 per liter;...
A diversifying firm subsidiary of Uy-led Phoenix Petroleum Philippines Inc. has kicked off pilot deployment of its gas-fired generating sets (gensets) to provide the electricity requirements of Balesin Island in Quezon province....
Crippling brownouts will dampen the country’s bid for economic recovery in the near term if the Department of Energy (DOE) will not act early enough to concretize a viable replacement for the gas output from the Malampaya field. Senator...
Proceeds from the sale of National Power Corporation (NPC) assets have already reached P915 billion as of end-March this year but revenue collections only hit P612.41 billion, according to the Department of Energy. Collections of asset-seller Power...
Mindanao is planning to restrict the entry of imported agricultural products, including rice, as one of the strategies to restart the region’s economy during the pandemic. Mindanao Development Authority (MinDA) Chair Emmanuel Piñol (MARK...
The Philippines has the lowest gross external debt position among the major Southeast Asian economies, placing the country in a much stronger position to cushion the blow of the coronavirus-induced crisis, the Department of Finance (DOF) assured. Finance Undersecretary Gil S. Beltran In his latest...
Clark Freeport -- Home of the Brave (Photo courtesy of Quest Hotel) Assuming that the Inter-Agency Task Force poses no objection, a 350-man Philippine Basketball Association entourage — from members of the 12 ball clubs, league officials, technical staff and medical personnel to a TV crew and a...
Bilateral trade between Philippines and Germany substantially dropped in the first half of 2020 mainly due to the impact of the COVID-19 quarantines that disrupted global supply chains. Martin Henkelmann, executive director of the German Philippines Chamber of Commerce and Industry (GPCCI), who...
Gotianun-led FDC Misamis Power Corporation has remitted P9.5 million as financial benefit to the local government unit (LGU) host of its power facility in Misamis Oriental in Mindanao to help in its pandemic response. The turnover of the funds is in compliance with the mandate of the Department of...
Vivant Energy Corporation has deployed of a 3.0-megawatt generating set to Bantayan Island in Cebu, alleviating brownouts in the island. The company said its subsidiary Isla Norte Energy Corporation (INEC), in partnership with Gigawatt Power Inc., had brought in the generators to beef up...
