(Mark Balmores / MANILA BULLETIN) Three weeks following the oil spill off the coast of Limay, Bataan, the Bureau of Fisheries and Aquatic Resources (BFAR) told a House of Representatives panel that fish from the affected areas are now safe for...
TAIPEI – The Department of Energy (DOE) will guarantee that marine protected areas (MPAs) shall be clearly demarcated as ‘no-go zones’ or off limits as development sites or even as navigational channels for the planned offshore wind projects in the country. According to Energy Undersecretary...
With leaner aggregate revenues logged in the six-month stretch, the net income of Alsons Consolidated Resources Inc. (ACR) in the first half had declined by roughly 10% to P1.06 billion from the year-ago level of P1.17 billion. If reckoned solely on second quarter performance, the company’s...
On account of higher finance charges that it incurred due to direct equity acquisitions, the net income of Yuchengco-led of PetroEnergy Resources Corporation (PERC) had declined 11% to P527 million in the first half of the year from heftier P591 million in the same period last year. The company...
(Arnold Quizol/MANILA BULLETIN) The Department of Environment and Natural Resources (DENR) is currently evaluating the environmental compliance certificate (ECC) of several reclamation efforts in the Manila Bay, particularly to see whether or...
TAIPEI – The Philippine government will be ensuring that the fishermen whose livelihood will be disrupted by the development of offshore wind power projects in the country will be ‘fairly compensated’, according to the Department of Energy. Having a formula on the calculation of compensation...
The bill seeking the creation of the Department of Water Resources has reached the Senate plenary after Senator Grace Poe sponsored the measure. Poe, in endorsing Senate Bill No. 2771 or the proposed “National Water Resources Management Act,” sponsored the bill’s Committee Report...
Manila Bay reclamation (Ellson Quismorio/ MANILA BULLETIN) In the event that the cumulative impact assessment of reclamation efforts in Manila Bay reveals serious environmental concerns, the Department of Environment and Natural Resources (DENR)...
Department of Environment and Natural Resources (DENR) Secretary Maria Antonia Yulo Loyzaga said on Monday, August 5, that the Philippines can reach out to more experts on climate change to address challenges such as flooding now that it's a host to the United Nations’ Loss and Damage Fund (LDF)...
Axelum Resources Corporation, a manufacturer and exporter of coconut products, reported a 265 percent jump in net income to P208 million profit in the first half of the year from a loss of P126 million in the same period of 2023. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
Department of Environment and Natural Resources (DENR) Secretary Maria Antonia Yulo Loyzaga bared changes that they have since observed in Manila Bay following reclamation projects that have so far been conducted there prior to its suspension last year. Sen. Ramon Bong Revilla Jr. presides over the...
State-run Bases Conversion and Development Authority (BCDA) has partnered with Korean Water Resources Corp. (K-Water) to find water sources for New Clark City in Tarlac and Camp John Hay in Baguio. In a statement, Joshua M. Bingcang, BCDA president and chief executive officer said the...
