The Department of Energy (DOE) lauded the 10-year extension granted to the Power Sector Assets and Liabilities Management Corp. (PSALM), a move that will enable the state-run enterprise to fulfill its remaining obligations. Energy Secretary Raphael P.M. Lotilla said in a statement that PSALM’s...
Senator Sherwin Gatchalian on Sunday, April 27 welcomed the 10-year extension of the corporate life of the Power Sector Assets and Liabilities Management Corporation (PSALM) as this would help bring down the cost of electricity in the Philippines. “The extension of the corporate life of...
As a responsible mining company, Apex Mining (APX) effectively manages and mitigates its impact to the environment. In 2024, under its Annual Environmental Protection and Enhancement Program (AEPEP), the company spent P141.5 million to carry out activities, initiatives, and programs that...
The Management Association of the Philippines (MAP) is pushing the Marcos administration to fast-track the completion of a key project linking North Luzon Expressway-South Luzon Expressway (NLEX-SLEX) Connector Road and Metro Manila Skyway Stage 3. MAP, which comprises the country’s tycoons and...
The National Economic and Development Authority (NEDA) and the Department of Budget and Management (DBM) have revamped the National Evaluation Policy Framework (NEPF), introducing stronger oversight and stricter standards for ethical and transparent evaluation of government programs. On...
In July 2024, President Marcos signed into law the New Government Procurement Act (NGPA) to enhance the efficiency and responsiveness of the Philippine bureaucracy. As part of its mandate to facilitate the ease of doing business in the country, the Anti-Red Tape Authority (ARTA) has identified the...
The Commission on Human Rights (CHR) has express its full support to the initiatives in Congress to place the control and supervision of all provincial, city and municipal jails under the Bureau of Jail Management and Penology (BJMP). In a statement, the CHR said that BJMP's control and supervision...
CEBU CITY – Air quality in Cebu and Negros Oriental provinces remains safe even after the eruption of Kanlaon Volcano on Tuesday morning, April 8. Following the eruption, the Environmental Management Bureau-Central Visayas (EMB-7) monitored sulfur dioxide (SO2) and two types of particulate matter...
The Management Association of the Philippines (MAP) is calling for the creation of an Economic Security Council under the Office of the President to look into the impact of the 17-percent tariff imposed by the United States (US) on Philippine imports. MAP, which comprises the country’s...
ILOILO CITY — An environmental coalition on Thursday lamented the lack of transparency in the waste-to-energy project of this city. The coalition called out the Iloilo City government for its joint venture agreement (JVA) with a subsidiary of Metro Pacific Investments Corp. (MPIC) for the Iloilo...
The country’s leading business executives are in support of the fare increase in Light Rail Transit Line 1 (LRT-1), which took effect on Wednesday, April 2, given that it’s within the operator’s contract with the government. The Management Association of the Philippines (MAP),...
The Securities and Exchange Commission (SEC) has signed a data sharing agreement (DSA) on beneficial ownership information with the Procurement Service of the Department of Budget and Management (PS-DBM) as part of efforts to combat illicit financial flows in the procurement process. The SEC...
