As the Malampaya gas field is inching closer to its run-out phase and the country transitions into renewables, President Ferdinand Marcos Jr. has cited the critical role that the liquefied natural (LNG) investment deal of Lopez-led First Gen Corporation and Tokyo Gas Co. Ltd., will bring in...
Congress leaders hope to pass 12 priority bills before the second State of the Nation Address (SONA) of President Marcos by June, 2023. Senate Majority Leader Joel Villanueva the 12 measures were agreed upon during a meeting of the Legislative Executive Development Advisory Council (LEDAC) which...
The proposed Value-Added Tax (VAT) Refund Program for foreign tourists has moved forward in the House of Representatives. Albay 2nd district Rep. Joey Salceda (left) and President Ferdinand "Bongbong" Marcos Jr. (Facebook) This, after the Albay 2nd district Rep. Joey Salceda-led Committee on Ways...
Listed firm Aboitiz Power Corporation has signed a memorandum of understanding (MOU) with its Japanese firm-partner JERA Co. Inc. to jointly explore ammonia co-firing on the former’s coal plants, and assess the potential of hydrogen fuel applications in the country. The Aboitiz Power-JERA deal...
Senate President Juan Miguel F. Zubiri is urging the Philippine and Japanese governments to begin exploratory discussions on forging a Visiting Forces Agreement (VFA) between the two countries. “Speaking with Ambassador Koshikawa Kazuhiko last year, I had brought up the idea of pursuing a VFA...
Senate Minority Leader Aquilino “Koko” Pimentel III on Wednesday, February 8, called on the country’s economic managers to tame the rising inflation in the country which peaked at 8.7 percent in January 2023, an all-time high since November 2008. Pimentel expressed dismay at the economic...
With finality, President Ferdinand "Bongbong" Marcos Jr. will not participate in the management of the Maharlika Investment Fund (MIF) but will just become head of its advisory board. The President, however, would have the power to remove members of the board, according to Senate President Juan...
President Ferdinand "Bongbong" Marcos Jr. has only been in power for seven months, but House Speaker Martin Romualdez says that the former's commitment to ensure affordable housing to Filipinos has already "borne fruit". House Speaker Martin Romualdez (left) and President Ferdinand "Bongbong"...
The economic managers of the Marcos administration have started discussing senators about the many issues surrounding the controversial Maharlika Investment Fund (MIF) on Monday night, January 30. The briefing held at the Senate was done by Finance Secretary Benjamin Diokno, Budget Secretary Amenah...
To set the new direction for the Department of Education (DepEd) and stakeholders in resolving basic education challenges, Vice President and Education Secretary Sara Z. Duterte on Monday, Jan. 30, launched the agency’s education agenda. To resolve basic education woes, the Department of...
Several business groups on Friday, January 27 have urged the Senate and the House of Representatives to look into the alleged anomalous issuance of an administrative order released by the Philippine Ports Authority (PPA) which they believe “will worsen the inflation in the country.” Speaking in...
Senate President Juan Miguel “Migz” Zubiri on Thursday, January 26 welcomed the news of the Philippines’ latest gross domestic product (GDP) growth calling it as a “remarkable success” and credited the efforts of President Ferdinand “Bongbong” Marcos Jr.’s administration for such...