LUCENA CITY – Quezon second district Rep. David “Jayjay” C. Suarez is pushing the creation of a separate department that will take care of water concern in the country. QUEZON Rep. David ‘Jayjay’ C. Suarez, with provincial board member Ferdinand Talabong, Alona party-list Anna V. Suarez,...
The oil spill that hit the waters of Oriental MIndoro and other nearby areas has so far caused around P7 billion in environmental damage, the Department of Environment and Natural Resources (DENR) bared on Thursday, April 27. “P7 billion is the potential damage [to the environment by the Oriental...
The Bureau of Fisheries and Aquatic Resources (BFAR) has recommended keeping the fishing ban imposed in Oriental Mindoro areas affected by the oil spill caused by the sinking of Motor Tanker (MT) Princess Empress. In BFAR's Oil Spill Bulletin No. 3 released Wednesday, April 27, the bureau cited...
The government is coming up with ways to store rainwater that could be used during the dry season as a way to manage water resources in the country. In a statement, Malacañang said the move will be initiated through the National Water Resources Board (NWRB). "Sa ngayon po ang tinitingnan natin is...
The profitability of Yuchengco-led PetroEnergy Resources Corporation (PERC) accelerated by 30-percent to P863 million in 2022 from a leaner P665 million in the prior year. The company indicated that the income upturn had been partly attributed to higher profit contribution of its petroleum...
Buoyed by rising post-Covid power demand in Mindanao grid, the net income of Alcantara-led Alsons Consolidated Resources Inc. (ACR) had escalated 42-percent to P1.88 billion last year from P1.32 billion in 2021. The jump in the company’s profitability had also resulted in 52-percent increase on...
Alcantara-led Alsons Consolidated Resources Inc., (ACR) was able to maintain its ‘stable outlook’, relative to the P3 billion worth of commercial papers (CP) issuance that the company has resorted to in raising additional funding for its ongoing projects. The positive rating of the company has...
President Ferdinand "Bongbong" Marcos Jr. has appointed geologist Carlos Primo David as undersecretary of the Department of Environment and Natural Resources (DENR) geologist. He is the son of journalist-sociologist and known Marcos critic Randy David and the late former Civil Service Commission...
Metro Pacific Investments Corporation (MPIC) is expanding its agriculture business by acquiring a 34.76 percent stake in listed coconut products exporter Axelum Resources Corporation for P5.32 billion. In a disclosure to the Philippine Stock Exchange, Axelum said it has entered into a strategic...
A geospatial database of the country’s natural resources will be created through a signed partnership between the Philippine Space Agency (PhilSA) and the Department of Environment and Natural Resources (DENR). "PhilSA Director General Joel Joseph Marciano, Jr., Ph.D. (second to the right) and...
Manila Bay is not dead. A fisherfolk group confirmed that the marine resources of Manila bay are “at risk” and threatened by reclamation projects, but it also stressed that a significant number of fishermen primarily from Cavite, Metro Manila, Bulacan, and Bataan still depend on its fishing...
President Ferdinand "Bongbong" Marcos Jr. has met with a renewable energy developer to advance his intention to find other sources of energy in the country. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Marcos had a meeting with San Ignacio Energy Resources Development...
