The House of Representatives has approved on third and final reading a bill requiring environmental insurance coverage for environmentally-critical projects (ECP) in order to protect the country’s ecology and natural resources. With 247 voting in the affirmative and zero in the negative, the...
The Offshore Mining Chamber of the Philippines (OMCP) has batted for restricted coastal mining after they expressed their support to the proposed ban on sand mining in some coastal towns in the Ilocos region. In a statement, OMCP, composed of operational and non-operational offshore mining firms in...
Senator Risa Hontiveros on Monday called on the Department of Environment and Natural Resources (DENR) to start naming and identifying the rocks and features of the Kalayaan Island Group (KIG). Hontiveros said such move will strengthen and assert the Philippines’ claim in the West Philippine Sea....
The Department of Environment and Natural Resources (DENR) is set to implement P7.25-billion worth of projects for enhanced ecosystems in the Philippines, a move that will be largely backed by a bilateral assistance fund from the United States Agency for International Development (USAID). This...
The Philippine government, through the National Water Resources Board (NWRB), has secured a deal with the government of South Korea for the establishment of the Integrated Water Resources Management Information System (IWRMIS) for the Pampanga River Basin. A statement showed that NWRB and the Korea...
International organizations Global Environment Facility (GEF) and the United Nations Environment Program (UNEP) are now helping the Philippine government to stop the use of highly toxic mercury in mining in compliance with its commitment under the Minamata Convention. According to a statement, the...
The government is unlikely to halt the rehabilitation of Manila Bay, including the use of crushed dolomite rocks along the shoreline, despite concerns raised by some groups. The sun sets over a boat sailing along Manila Bay on April 2021 (Ali Vicoy/ Manila Bulletin) Presidential spokesman Harry...
After more than 20 years, the Securities and Exchange Commission (SEC) has finally secured the conviction of a stock broker involved the manipulation of the price of Best World Resources Corporation (BW) that started in October 1998. In a statement, the SEC said it has secured a fifth conviction...
Coconut products exporter Axelum Resources Corporation reported a 21 percent growth in net income to P146 million in the first quarter of 2021 from the P121 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said sales rose 22 percent to P1.47...
Executive Order No. 13 0 The government has formally repealed the ban on open-pit mining method in the country, at least based on draft implementing rules and regulations (IRR) of Executive Order (EO) 130. Based on the draft of the three-page IRR, the government repealed, amended, and...
The financial system’s total resources increased to P24.08 trillion as of end-March, up by 5.46 percent from same period last year of P22.84 trillion, based on Bangko Sentral ng Pilipinas (BSP) data. Of the total figure, banks have P20.03 trillion of total resources, up by 6.64 percent...
Beware of individuals posing as researchers only to harvest giant clams for illicit trade. CLAMMY HANDS? -- A Philippine Coast Guard (PCG) diver carefully re-seeds a giant clam on March 11, 2021. (FILE PHOTO) This was the warning of Department of Environment and Natural Resources (DENR) Secretary...
