CALAPAN CITY, Oriental Mindoro – Gov. Humerlito A. Dolor has given existing and new independent power providers until May 31 to make their plants fully operational to significantly reduce power interruptions in this province. Dolor said that the operational infrastructure, from plants or...
President Marcos plans to propose to Japanese officials during his upcoming state visit the exploration of alternative sources of petroleum products, noting that the impacts of the conflict in the Middle East should not be repeated if another crisis arises in the future. Asked during a roundtable...
Lending by big banks, or universal and commercial banks (U/KBs), closed the first quarter on an upbeat note as it accelerated to a seven-month high in March, according to the Bangko Sentral ng Pilipinas (BSP). This came as the sector provided “even stronger support for the production activities...
LAPU-LAPU CITY, Cebu — The leaders of the Association of Southeast Asian Nations (ASEAN) are exploring the creation of a regional fuel reserve system to strengthen energy security and cushion member-states from future supply disruptions caused by wars and geopolitical tensions, President Marcos...
A group of local shipping companies and operators has expressed gratitude to the Maritime Industry Authority (Marina) for what it described as the agency’s quick response to assist their sector at the height the oil supply and price woes due to the Middle East conflict. In a letter sent to...
BUTUAN CITY – The Butuan City Water District (BCWD) announced the schedule of water rationing starting Saturday as the utility’s water supply continued to dip due to the absence of rain since last week. The BCWD said that as of Saturday, it was operating at 39.81 million liters per day (MLD),...
The Marcos administration is weighing the reversal of the government’s restrictive coal policy as the country grapples with the dual pressures of surging summer demand and volatile global energy prices. Energy Secretary Sharon Garin told reporters on Monday, April 20, that the Department of...
President Marcos remains not keen on suspending the value-added tax (VAT) on petroleum products, citing the "windfall" revenue it generates as a source of funding for response efforts amid the Middle East crisis. In a Palace briefing on Monday, April 13, Marcos finally elaborated on the reasoning...
Foreign ministers of the Association of Southeast Asian Nations (ASEAN) on Monday, April 13, urged sustained diplomacy and restraint following recent developments in the Middle East, while welcoming a temporary ceasefire between the United States and Iran. Department of Foreign Affairs (DFA)...
Saying that President Marcos has failed to deliver substantial relief to the people amid the impacts of the Middle East crisis on the country is a huge lie, Malacañang said. Palace Press Officer and Communications Undersecretary Claire Castro said seen or not seen, Marcos continue to work and...
President Marcos is expected to announce his decision on the fuel excise tax cut on Tuesday, April 14, as the law granting him emergency powers to either reduce or suspend excise taxes on petroleum products has already taken effect. Marcos has yet to decide on the excise tax cut despite the...
DAVAO CITY – The Davao Light and Power Co. assured people on Wednesday, April 8, that power supply in Mindanao remains stable. Speaking at the Davao Peace and Security Press Corps media briefing at The Royal Mandaya Hotel, DLPC reputation management manager Fermin Edillon said Mindanao has...
