The Department of Energy (DOE) is poised to bolster the country 's electric vehicle (EV) fleet through updated guidelines on EV adoption. In a statement on Tuesday, Sept. 9, the DOE announced that the amended EV Recognition Guidelines will provide a comprehensive framework for classifying...
"Receipts" and not say-so, will be the name of the game in Senate President Pro Tempore Panfilo "Ping" M. Lacson 's investigation as incoming chairman of the Senate Blue Ribbon Committee. Lacson said this as he is set to lead the probe into substandard and ghost flood control projects. In an...
State-owned Development Bank of the Philippines (DBP) has launched a ₱510-million corporate social responsibility (CSR) program designed to strategically allocate resources and promote access to quality education in both the basic and tertiary levels, a top official said. DBP President and Chief...
Following the presidential directive to crack down on contractors involved in anomalous flood control projects, the Department of Budget and Management (DBM) is canceling the Philippine Government Electronic Procurement System (PhilGEPS) membership of these firms to bar them from future government...
Flag carrier Philippine Airlines (PAL) has expressed its commitment to align with the government’s agenda on connectivity and tourism, as the Department of Transportation (DOTr) pressures local carriers to lower airfares. “As the flag carrier, we stand ready to align our efforts with...
The Department of Energy (DOE) is considering exceptions to its ban on new coal-fired power plants, aiming to allow limited “own-use” facilities to help regional power shortages and support renewable energy with additional baseload power. The coal moratorium, introduced in 2020, was designed to...
The Department of Trade and Industry (DTI) is revamping its key construction regulatory bodies following the abrupt resignations of top officials amid a widening investigation into alleged corruption. Trade Secretary Cristina A. Roque has named Doris U. Gacho as acting executive director of the...
The Department of Health (DOH) on Saturday, September 6, said the total number of leptospirosis cases in the country has reached 4,859 since the rainy season began in June. The figure covers the period from June 8, a week after the Philippine Atmospheric, Geophysical and Astronomical Services...
Citicore Renewable Energy Corp. (CREC) has secured the largest number of projects in the preliminary results of the Department of Energy’s (DOE) fourth Green Energy Auction (GEA-4). The DOE’s advisory listed CREC, along with Ramon Ang-led SMC Global Light and Power Corp. and Joy-Nostalg Solaris...
Sen. Raffy Tulfo is pushing for an across-the-board minimum wage for workers in Metro Manila and the provinces. Tulfo, vice chairperson of the Senate Committee on Labor and Employment said that currently, the daily minimum wage for non-agricultural workers in the National Capital Region (NCR)...
While the Philippines is exploring the re-entry of nuclear power, securing financing may prove challenging as some local banks remain cautious about backing such projects. In an exclusive interview, Michael Ricafort, Chief Economist at Rizal Commercial Banking Corp. (RCBC), explained that the high...
Motorists should brace for a potential fuel price increase next week, with per-liter costs for gasoline and diesel expected to rise by more than a peso due to global geopolitical tensions and sanctions. Based on the four-day trading average of the Mean of Platts Singapore (MOPS), the price of...