Senator Erwin Tulfo has expressed his commitment to discuss possible amendments to the implementation of Republic Act No. 11310, or the law that institutionalized the Pantawid Pamilyang Pilipino Program (4Ps). The neophyte senator said this after a consultative meeting with Social Welfare...
SORSOGON CITY – Lopez-led First Gen Corp. (FGen), through its renewable energy subsidiary Energy Development Corp. (EDC), launched the 22-megawatt (MW) Tanawon geothermal power plant on Friday, Aug. 1, to bolster the country 's clean baseload capacity. “This is not only a proud achievement...
DAVAO CITY – The Mindanao Development Authority actively integrates artificial intelligence technologies to promote innovation and sustainable economic growth across Mindanao, particularly in agriculture and small-and medium-sized businesses. MinDA Assistant Secretary Romeo Montenegro emphasized...
Persistent power outages in Siquijor are putting the island’s tourism growth at risk and may weaken investor confidence if not urgently addressed, the Department of Tourism (DOT) warned on Thursday, July 31. Tourism Secretary Christina Garcia-Frasco said the ongoing power instability, managed by...
The Philippine Stock Exchange index (PSEi) extended its losing streak, dropping 65.50 points or 1.04 percent to close at 6,252.73 on Thursday, July 31. Mining shares led the broad retreat. Volume increased to 902 million shares valued at P7.85 billion, with losers outnumbering gainers 134 to 61,...
Six out of 45 projects flagged as problematic in 2023 by the Department of Economy, Planning, and Development (DEPDev) have been removed from the list of critical-stage projects, a top official said. This, as DEPDev’s 2024 Official Development Assistance (ODA) Portfolio Review Report released on...
Citing a lackluster performance that the Philippine economy has been showing since its recovery from the Covid-19 pandemic, climbing to the high-income-status target 15 years from now could be impossible, the country’s chief socioeconomic planner stated. Department of Economy, Planning, and...
DAVAO CITY – The Mindanao Development Authority has expressed full support to President Ferdinand R. Marcos Jr.’s fourth State-of-the-Nation-address, describing it as more than a national report but a “resounding call for reform, vigilance, and action.” MinDA Chairperson Secretary Leo...
The Philippine Stock Exchange index (PSEi) closed in the red for the fifth consecutive day, as investors exercised caution ahead of an Aug. 1 deadline for talks on US tariffs. The main index shed 7.19 points, or 0.11 percent, to close at 6,318.23 on Wednesday, July 30. Banks led the decline, while...
I n 1956, the Philippines and Japan formalized diplomatic relations, transforming a difficult post-war past into a modern partnership built on shared values and resilience. From hardship emerged a lasting bond—one that continues to thrive today. Every July 23, Japan-Philippines Friendship Day...
A technical hiccup due to a pipe falling into a well has affected the pace of ongoing drilling at the Malampaya gas field, according to a highly placed source whose organization is part of the Service Contract (SC) 38 consortium for the project. The source indicated that “there had been technical...
The Philippine Stock Exchange index (PSEi) fell for the fourth consecutive day, reacting to the President’s State of the Nation Address (SONA) which investors felt did not adequately address pressing economic concerns. The main index shed 54.33 points, or 0.85 percent, to close at 6,325.42 on...
