Senator Panfilo "Ping" Lacson became more emboldened to fight pork barrel and other anomalies in the budget, after President Marcos stressed in his State of the Nation Address (SONA) last Monday that there should be no repeat of the mangling of the 2025 budget. Lacson, an avowed enemy of the...
The Department of Budget and Management (DBM) has released a total of ₱1.6 billion to replenish the Quick Response Funds (QRFs) of the Department of Social Welfare and Development (DSWD) and the Department of Public Works and Highways (DPWH). This move comes in response to the successive typhoons...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has assured the public that the Marcos administration has sufficient funds to address the needs of areas affected by recent flooding and the expected typhoons that may hit the country. Pangandaman said in a July 24 statement...
BAGUIO CITY – The city government is taking a hardline stance against littering and illegal garbage disposal, warning that violators could face criminal charges and jail time under several national environmental laws. Mayor Benjamin Magalong said Wednesday he has ordered the General Services...
Senator Loren Legarda called for the strict enforcement of environmental laws on Tuesday, July 22, as massive flooding hit parts of Metro Manila and Luzon, highlighting the role of improper waste disposal and illegal structures in exacerbating the situation. Legarda pointed to the Ecological Solid...
The Power Sector Assets and Liabilities Management (PSALM) has announced that the Aboitiz-led Thunder Consortium has been granted the notice of award (NOA) for the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants. In a statement on Friday, July 18, PSALM said the consortium—comprising...
The Department of Energy (DOE) has been keeping an eye out for potential violations within the oil industry amid concerns over possible cartelization. DOE Officer-in-Charge (OIC) Sharon S. Garin explained that the agency does not have official policies on these matters; however, it can act as a...
State-run Government Service Insurance System (GSIS) has signed an agreement with the Power Sector Assets and Liabilities Management Corporation (PSALM), and the National Power Corporation (NPC), finalizing the settlement of over ₱1 billion in unremitted premium contributions arising from...
Motorists are getting another round of relief as oil prices are set to go down further this week. Starting Tuesday, July 8, gasoline prices will decrease by ₱0.70 per liter, diesel by ₱0.10 per liter, and kerosene by ₱0.80 per liter. Shell Pilipinas, Seaoil, PetroGazz, and PTT are among the...
After the successful bidding to privatize the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants, the government and private-sector players may next look forward to another public-private partnership (PPP) in rehabilitating the decades-old Agus-Pulangi hydropower complex in Mindanao. Power...
The consortium led by the Aboitiz conglomerate emerged victorious on Friday, July 4, as it won the right to take over the 797-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants in Laguna—a prime Luzon energy asset—from the state-run Power Sector Asset and Liabilities...
Aboitiz Power Corp.’s (AboitizPower) renewable energy (RE) arm and Lopez-led First Gen Corp. (FGen) are bidding for the Caliraya-Botocan-Kalayaan Hydroelectric Power Plants (CBK HEPP), according to the state-run Power Sector Assets and Liabilities Management Corp. (PSALM). PSALM’s...
