Romero-owned Fort Pilar Energy Inc. is out to challenge the dominance of the industry’s “big boys” as the company casts capacity buildup of up to 3,000 megawatts to become one of the major power sector players in the next five years. Belgrove Power photo Fort Pilar Energy Chief Executive...
The Philippines’ rice inventory fell in August after stocks in households, commercial, and the National Food Authority (NFA) warehouses all recorded decline in supply. Latest data from the Philippine Statistics Authority (PSA) showed that as of August, the country's rice stocks inventory was...
It's an all volleyball discussion in the online session of the Philippine Sportswriters Association (PSA) Forum this Tuesday (Sept. 14). Philippine National Volleyball Federation (PNVF) President Ramon ‘Tats’ Suzara leads the panel of guests that will talk about the programs of the federation...
Household budget for electric bills will be higher this month for customers of Manila Electric Company (Meralco), as it announced a tariff hike of P0.1055 per kilowatt hour (kWh) in the September billing cycle. MERALCO LOGO1 The utility firm emphasized that its overall pass-on rate this month will...
Approved foreign investment pledges increased by nearly half in the second-quarter of the year, the Philippine Statistics Authority (PSA) reported Thursday, Sept. 9. psa-logo Based on the PSA data, total foreign investments in the country reached P22.5 billion in April to June 2021, an increase of...
The country’s trade deficit widened in July amid the gradual reopening of the local economy. Philippine Export and Import Statistics July 2021 The Philippine Statistics Authority (PSA) reported Thursday, Sept. 9, that the gap in the trade balance, or the difference between the value of export and...
The United Nations Children Fund (UNICEF) noted a decline in its prevalence worldwide — from one in four girls from 10 years ago to about one in five today. With the COVID-19 pandemic and its economic impacts, the UNICEF fears that 10 million more girls worldwide will end up becoming child...
Sustained government efforts to ease quarantine restrictions and the continuous vaccination drives are expected to retain the improvements in the country's workforce amid the health crisis, the Department of Labor and Employment (DOLE) said. (Jansen Romero / MANILA BULLETIN) Based on the July 2021...
Presidential spokesman Harry Roque on Tuesday, September 7, trumpeted the country’s “A-“ rating from the Japan Credit Rating Agency (JCRA) and the drop in the unemployment rate to 6.9 percent. Presidential spokesperson Harry Roque (OPS / FILE PHOTO / MANILA BULLETIN) During a virtual press...
Consumer prices quickened at a much faster pace last month due to costlier food items. Vegetable seller The Philippine Statistics Authority (PSA) reported Tuesday, Sept. 7, that headline inflation clocked in at 4.9 percent in August, faster than the 4.0 percent seen in the previous month and 2.4...
Unemployment rate in the country dropped from 7.7 percent in June to 6.9 percent in July, lowest jobless since the pandemic broke out last year, owing to easing movement restrictions, but the local labor force also weakened as people were worried of getting sick,Philippine Statistics Authority...
The Energy Regulatory Commission (ERC) is soliciting inputs from industry stakeholders for the crafting of the implementing rules and regulations (IRR) of Republic Act 11552, which seeks to extend the lifeline subsidy or discount rate for marginalized electricity consumers for the next 50 years....
