The Department of Energy (DOE) is set to launch the fifth Green Energy Auction (GEA-5), which will specifically offer fixed-bottom offshore wind (OSW) technology. In a statement on Wednesday, June 11, the DOE announced the auction targets an installation capacity of 3,300 megawatts (MW), or...
The Philippines is looking to export more high-value agricultural products, such as mangoes and bananas, to Egypt after recently gaining market access to the African market for durian. Department of Agriculture (DA) Secretary Francisco Tiu Laurel said he met with Egyptian Ambassador to the...
It’s that time of the year again! As the new school year approaches, parents across the Philippines are doing their budgets and gearing up for the annual back-to-school shopping marathon. Between finding the prescribed uniforms, picking out quality school supplies, and ensuring kids have...
Raising the minimum wage by ₱200 would have “dangerous repercussions,” including hurting the Philippine economy, small business owners, and driving a spike in consumer price hikes, according to the Marcos administration’s economic managers. This comes as the public has intensified their...
The Department of Energy (DOE) announced that it is partnering with the Japan International Cooperation Agency (JICA) to launch a three-year project to identify hydropower potential sites and boost the Philippines’ renewable energy (RE) strategies. In a statement on Tuesday, June 10, the DOE...
The Department of Energy (DOE) announced the 12 potential winning bidders for its third Green Energy Auction (GEA-3), which offers hydropower, pumped-storage hydropower, and geothermal energy contracts. In a notice of award posted on the website DOE on June 9, it listed two developers for...
The Department of Budget and Management (DBM) has released a total of ₱1.3 billion to support the ongoing implementation of the Electronic Gates (E-gates) Project in major international gateways across the country. “The DBM already released the budget allocation for the E-gates Project for...
ILOILO CITY – The Department of Education (DepEd) has released P4.19 million in aid to restore part of a school in Alimodian town, Iloilo province damaged by a fire on June 2. DepEd Undersecretary Atty. Peter Irving C. Corvera led the turnover of a check for the Alimodian National Comprehensive...
BASEY, Samar – Department of Transportation (DOTr) Secretary Vince Dizon is pushing for a 24-hour barge operation between the ports of Basey, Samar, and Tacloban City to alleviate persistent long queues of cargo trucks. On Sunday, Dizon expressed concern over the significant backlog of trucks on...
Fuel prices are set to increase ahead of the celebration of Philippine Independence Day on June 12. Effective Tuesday, June 10, gasoline prices will inch up by ₱0.60 per liter, while diesel will go up by ₱0.95 per liter. Kerosene is also set to climb by ₱0.30 per liter. Shell Pilipinas,...
The 'hotness ' of the Philippines for renewable energy investments may be losing its sizzle. Some foreign investors are now quietly slipping out the back door, leaving behind whispers of uncertainty, a trail of unanswered questions about what went wrong, and a half-empty plate of missed...
The Asian Development Bank (ADB) reported that the de-risking strategy for geothermal technologies in the Philippines is attracting investor interest. In a briefing, Pavit Ramachandran, ADB Country Director for the Philippines, noted that despite potential challenges, stakeholders are already...
