The goals laid down at the COP28 Global Stocktake had fallen short on the target for total phaseout of fossil fuels in energy systems, although there had been more aggressive commitments on deeper emissions cut as well as reinforcements on climate finance. In his closing speech, UN Climate Change...
ACT-CIS Party-list Rep. Erwin Tulfo (Facebook) ACT-CIS Party-list Rep. Erwin Tulfo wants the government to speed up its construction of infrastructure projects to the level of other countries. For this purpose, Tulfo led the filing of House Bill (HB) No....
Another transmission project of the National Grid Corporation of the Philippines (NGCP) in the Visayas grid - the 138-kilovolt Panay-Guimaras interconnection project - will be facing delays due to a temporary restraining order (TRO) issued by the Supreme Court. According to the company, the TRO...
(File photo by DOTr/PNR) The Department of Transportation (DOTr) is upbeat that two of its rail projects -- the North-South Commuter Railway (NSCR) and South Long Haul (SLH) -- will help "revive" the country's rail industry. DOTr Secretary Jaime Bautista said that the two rail projects will elevate...
The proposed Public-Private Partnership (PPP) code would harmonize the regulations of the national government with those of local government units (LGUs), which will spur greater investment. Ma. Cynthia C. Hernandez, PPP Center executive director, said the new code will bolster the government’s...
The National Economic and Development Authority (NEDA) said on Wednesday, Nov. 22, that it expects an executive order that will fast track the Marcos administration’s infrastructure flagship projects (IFPs) will be released “very soon.” NEDA Undersecretary for Investment Programming Joseph J....
The Sandiganbayan has ordered former Department of Agrarian Reform (DAR) undersecretary Narciso B. Nieto to present his evidence starting on Nov. 28 on graft and malversation of public funds cases filed against him in the alleged misuse of the P20 million priority development assistance...
Now that the Maharlika Investment Fund (MIF) implementing rules and regulations (IRR) have been revised, President Marcos disclosed on Wednesday, Nov. 15 (US time) that the investment fund will finance “about 80 potential infrastructure projects” in the Philippines. President Ferdinand Marcos...
The Philippine Reclamation Authority (PRA), which monitors and supervises the government’s reclamation projects, has a new general manager and two board members. President Ferdinand Marcos Jr. (Photo from the Presidential Communications Office) According to a Facebook post from Presidential...
The long-time dream of the country to have a single-connected grid nationwide may take a little longer, as one leg of the infrastructure development toward the concretization of the P51.3 billion Mindanao-Visayas Interconnection Project (MVIP) is being impeded by a temporary restraining order (TRO)...
The Energy Regulatory Commission (ERC) has indicated that transmission firm National Grid Corporation of the Philippines (NGCP) will still be allowed eventually to recoup costs relating to programmed capital expenditure (capex) projects that were disallowed in the partial rate-setting rendered by...
Listed firm Alternergy Holdings Corporation (Alternergy) logged financial rebound in the current fiscal year with an income of P38 million, effectively reversing a net loss of P145.2 million in a comparable period last year. The company’s cash balance also escalated significantly by 113% to...
