East zone concessionaire Manila Water Co. will raise its water bills starting in October due to the recently approved Foreign Currency Differential Adjustment (FCDA). In a disclosure to the Philippine Stock Exchange on Monday, Sept. 16, Manila Water said consumers will experience a rate increase of...
On his birthday, President Marcos announced that zero-billing will be implemented in all tertiary public hospitals in the county. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) "This is my treat to you," Marcos said in his speech in Nueva Ecija as he announced that the government will be...
Officials from the Philippine Coast Guard, Harbor Star Shipping Services Inc., local government of Bataan, Office of Civil Defense, and Bataan Provincial Disaster Risk Reduction and Management Office (PDRRMO) conduct a final inspection on Sept. 12, 2024 at the ground zero in Limay, Bataan where...
Owing primarily to the ancillary services as component of the transmission charge, the overall tariff of power utility giant Manila Electric Company (Meralco) had climbed by P0.1543 per kilowatt hour (kWh) in this September billing to P11.7882 per kWh versus P11.6339 per kWh last month. The tariff...
West Zone concessionaire Maynilad Water Services, Inc. has concluded its pipe replacement project in parts of Manila, aiming to improve water pressure and meet the growing demand of consumers in the area. In a statement, Maynilad said the project, which cost P380 million, replaced 1.7 kilometers of...
President Marcos on Tuesday, Sept. 10, said that the country’s health care system should not be politicized as he delivered 129 ambulances to local government units (LGUs) regardless of political affiliations. President Ferdinand ‘Bongbong’ Marcos Jr. leads the distribution of 129...
Just two months after its P6 billion bond issuance, property developer DoubleDragon Corporation is planning to raise P4 billion through the offering of bonds from the second tranche of its P10 billion shelf registered bonds program. For this planned issuance, Philippine Rating Services Corporation...
An official from the Philippine Coast Guard (PCG) has expressed doubt over Shiela Guo's story that she fled the Phillippines by boat together with Alice Guo and Wesley Guo, noting the multiple inconveniences they could have encountered while at sea. Senator Raffy Tulfo presides over the public...
The integration of energy storage system in the forthcoming batch of renewable energy (RE) capacity auction will hike estimated reserve prices by P5.00 to P6.00 per kilowatt hour (kWh), according to the Department of Energy. Energy Undersecretary Rowena Cristina Guevara told reporters that the...
The Department of Finance (DOF) said that President Marcos will soon sign the law imposing value-added tax (VAT) on foreign digital service providers, such as Netflix. During a Senate Finance subcommittee hearing on Tuesday, Aug. 27, Finance Secretary Ralph G. Recto said the DOF and the Bureau of...
Senator Raffy Tulfo was surprised to find out that some breathalyzers that cost P68,000 each were returned to the Land Transportation Office (LTO) after being discovered defective. Sen. Raffy Tulfo expresses his concern over the increasing incidence of drunk driving in the country. In a public...
A deep sea diver successfully installs a flange valve plate onto the surface of a tank onboard sunken tanker MTKR Terranova as part of initial siphoning operations on Aug. 11, 2024. (Photo: Harbor Star Shipping Services, Inc. via PCG) The full-blown siphoning operation to drain 1.4 million liters...