Loans from big banks or universal and commercial banks (UK/Bs), excluding investments in the central bank’s reverse repurchase (RRP), grew by a faster 12.1 percent in June from May’s 11.3-percent expansion. According to the latest data from the Bangko Sentral ng Pilipinas (BSP) released on...
With allegedly more than 4,200 pending cases waiting like unpaid electric bills, newly designated Energy Regulatory Commission (ERC) Chairman Francis Saturnino “Nino” Juan and his fellow Commissioners aren 't walking smoothly into the office. Instead, they 're stepping into a...
ZAMBOANGA CITY – Basilan province experienced a massive power outage on Wednesday, July 16, after the National Power Corp. (NPC) disconnected electricity to the Basilan Electric Cooperative (Baselco) due to failure to pay its P46-million debt. The order was contained in a letter dated July 14...
President Marcos wants to ensure that there will be stable power supply in the country until his term and even beyond it. In a Palace briefing on Tuesday, July 15, Department of Energy (DOE) Secretary Sharon Garin said Marcos is concerned about the country 's needs until 2028 as well as...
While loans from big banks or universal and commercial banks, excluding investments in the central bank’s reverse repurchase (RRP), expanded at a slightly faster rate of 11.3 percent from April’s 11.2 percent, it remains relatively slower than March’s 11.8-percent expansion rate. In a...
Malacañang said on Sunday, June 15, that the supply of electricity in Siquijor has been restored. “The National Electrification Administration (NEA), in compliance with the directive of President Ferdinand R. Marcos Jr., has successfully restored stable electricity in the Province of Siquijor,...
The building of Makati Medical Center (MakatiMed) turned red on Tuesday night, June 10, as it called on the public to donate blood after the hospital recorded a low supply in its blood bank. "The hospital is currently low on blood supply. We urgently need donors to save lives. If anyone wishes to...
After seeing first hand the lack of water supply in schools he inspected in Bulacan, President Marcos directed the Local Water Utilities Administration (LWUA) to look into the water supply issues in schools. Marcos gave the LWUA 48 hours to submit their initial report as he pointed out that...
The power supply woes affecting the island of Siquijor has apparently reached the Department of Energy (DOE). Days after a state of calamity was declared in the province for recurring blackouts, the DOE acknowledged that there is an urgent need for coordinated and sustained action to address the...
A loan scheduled to be greenlit by the World Bank in October is aiming to improve water supply and sanitation in three Philippine islands. In a June 5 project information document, the Washington-based multilateral lender said its upcoming $275.38-million—or over ₱15-billion—financing for the...
Aboitiz InfraCapital (AIC), the infrastructure unit of the Aboitiz Group, is aiming to deliver long-term water security in Iloilo City after bagging the original proponent status (OTS) for its proposal to construct and operate the city’s bulk water facility. AIC said the OPS to develop the Iloilo...
BACOLOD CITY – Around 5,000 households here are expected to benefit from an improved water supply from the recent activation of the Matab-ang Water Treatment Plant in Barangay Granada in this city. PrimeWater, in partnership with Bacolod City Water District (Baciwa), announced on Wednesday, May...
