The country’s leading business executives are urging the Marcos administration to adopt a build-operate-transfer (BOT) scheme in the country’s grid infrastructure, which could be pivotal in making power more affordable and reliable. In a statement on Thursday, April 3, Makati Business...
If you dismiss the impeachment saga of Vice President Sara Duterte as just another rerun in the Philippine political circus, think again - because while we may be desensitized to that kind of drama, foreign investors are watching with sharp eyes, questioning the country’s political stability and...
The Philippines intends to adopt the latest state-of-the-art technology used by Brunei's power industry, President Marcos told Bruneian firms. President Ferdinand 'Bongbong' Marcos Jr. meets with Bruneian businessmen on May 29, 2024 during his two-day state visit in Brunei. (Photo courtesy of...
Foreign investors interested in entering the Philippines' renewable energy sector will be required to secure 167 signatures before they commence operations. While this may seem like a daunting number to many, an industry stakeholder pointed out that this requirement has already been reduced from...
Senator Risa Hontiveros on Monday, February 5, said she doubts that introducing a third party supposedly to help accelerate the completion of delayed transmission projects of the National Grid Corporation of the Philippines (NGCP) would be effective in addressing the country’s concerns in the...
Presidential Adviser on Poverty Alleviation Secretary Larry Gadon believes that energy security is key to the country’s economic development as he begins working with foreign investors on the possibility of bridging the Philippines’ gaps in power capacity. Secretary Larry Gadon (PTV screenshot)...
The country’s power supply woes may soon ease as President Ferdinand R. Marcos Jr. has vowed to further improve the bureaucratic processes, particularly in the energy sector, to attract more investors. While we already have Republic Act 11032 (Ease of Doing Business Act of 2018), a law that cuts...
Senator Sherwin Gatchalian on Tuesday, July 12 said Raphael Lotilla should be allowed to be the Department of Energy (DOE) chief. Senator Sherwin Gatchalian (MANILA BULLETIN FILE PHOTO) Gatchalian, who served as the Senate Committee on Energy during the 18th Congress, said he will file...
Former senator Joseph Victor “JV” Ejercito has called on the national government to review the Electric Power Industry Reform Act (EPIRA) in order to mitigate the effects of the ongoing fuel crisis. Ejercito noted that the continuing rise in the price of electricity and chronic power shortages...
If the country intends to become more resilient to disasters, a serious improvement in its energy sectors is required, according to a consumer advocacy group. (Manila Bulletin file photo) This much needed boost would also help the Philippines recover from the pandemic, and take the country to a new...
President Duterte has signed into law the measure enhancing the powers and functions of the Joint Congressional Energy Commission (JCEC). President Rodrigo Duterte (File photo/Malacañang) President Duterte signed the enrolled copy of Republic Act (RA) No. 11571 on July 6, 2021. The JCEC,...
