To curb delays in renewable energy projects, the Department of Energy (DOE) is cracking down and expects to cancel more by year's end, following the termination of over 100 projects last month for missing deadlines. On the sidelines of Buhawind Energy Philippines (BEP)’s Offshore Wind Forum,...
The Philippines is calling for increased climate financing for vulnerable nations at the 29th Conference of the Parties (COP29) in Baku, Azerbaijan, following recent typhoons that hit the country. Department of Finance (DOF) Undersecretary Maria Luwalhati Dorotan-Tiuseco stated during the...
By DERCO ROSAL The Department of Finance (DOF) is urging swift action to finalize a new climate financing framework by next year, aiming to help developing countries balance growth and tackle climate challenges. As a major element of the Paris Agreement, the country is calling for the completion of...
The Department of Energy (DOE) announced the implementation of stricter guidelines, evaluations, and contract termination processes for renewable energy (RE) projects to ensure their timely completion and efficiency. In a statement, Energy Undersecretary Rowena Cristina Guevara said tthe move is in...
As the push for renewable energy (RE) gains momentum, the Department of Energy (DOE) emphasized the need for a fair transition for the private sector that has invested in coal facilities. During the Powertrends International Business Forum 2024, DOE Assistant Secretary Mario Marasigan...
The 2.2-hectare Mile Long property in Makati City will likely be up for grabs among three interested developers from the private sector, whose deep pockets would help fill government coffers sans new taxes during the Marcos Jr. administration, as promised by Finance Secretary Ralph G. Recto. The...
Amid public concern about the national identification cards, the Philippine Statistics Authority (PSA) said that it is processing 60,000 IDs from the Bangko Sentral ng Pilipinas (BSP), which are expected to be delivered to registrants. Claire Dennis Mapa, the PSA undersecretary and national...
The Philippine Statistics Authority (PSA) plans to add a signature field in National ID cards to address limitations that have hindered their widespread acceptance as a primary form of identification. This decision follows the termination of the Bangko Sentral ng Pilipinas’ (BSP) contract...
The Philippine Statistics Authority (PSA) reported that the government’s decision to lower rice import tariffs is starting to affect consumer prices. In a briefing, National Statistician and PSA Undersecretary Claire Dennis S. Mapa said the tariff reduction significantly contributed to the...
The Department of Finance (DOF) is offering the government’s remaining shares in NLEX Corp. to the public, which the Pangilinan group failed to acquire due to privatization rules. Finance Undersecretary Catherine L. Fong confirmed to Manila Bulletin that the government still holds 64,920 shares...
The Department of Finance (DOF) has unveiled its comprehensive array of strategies designed to strengthen revenue operations and enhance transparency in commercial activities. Under the banner of the BRAVE framework, the DOF, along with its revenue agencies, said it is leveraging digitalization and...
The Department of Finance (DOF) said the full implementation of an international merchandise passport would help Filipino businesses showcase their products globally and make it easier for them to do business in foreign markets. As part of the DOF's efforts to improve the ease of doing business in...
