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...
ILIGAN CITY – Six Persons Deprived of Liberty (PDL) – three females and three males – were married at the Iligan City Jail on Friday, June 27. The ceremony was part of the Bureau of Jail Management and Penology Community Relations Month, said Jail Officer 2 Walter Mainit Jr., Welfare...
In line with President Ferdinand R. Marcos Jr. 's goal to ensure quality education for learners, Department of Budget and Management (DBM) Secretary Amenah Mina F. Pangandaman approved another batch of teaching positions to complete the 20,000 teaching items for creation for 2025. Sec. Mina...
The Marcos administration, through the Department of Budget and Management (DBM), has already set its national budget priorities for 2026 based on the government’s medium-term development plan. Given the country’s “limited fiscal space,” new budget proposals will be evaluated based on their...
The Philippines climbed one spot in this year’s edition of the World Competitiveness Ranking by the Switzerland-based International Institute for Management Development (IMD), on the back of strong economic performance, while still being among the worst performers in the Asia-Pacific region. The...
