The Department of Finance (DOF) expects the Luzon Economic Corridor project will attract investments that support the vibrant labor market in the Philippines. In a statement on Thursday, June 6, Finance Secretary Ralph G. Recto said that the project focuses on boosting job creation in the...
While weekends are sacred respite for most families or households, consumers in Luzon cannot rest easy because they can be stricken with the malady of rotational power service interruptions anytime this Saturday following the declaration of new wave of ‘red alert’ in the grid. According to...
An official from the Department of Energy (DOE) has reported a better power situation in Luzon due to improved stability in the region's electricity supply. Energy Assistant Secretary Mario C. Marasigan told reporters on Friday, May 24, that the power outage was reduced to 1,600 megawatts while the...
As Luzon grid descended into new round of red alert that was prompted by the tripping of a major power plant, consumers are left with no choice but to suffer through inconvenience and relive the stress of waiting for another wave of spikes in their electric bills. System operator National Grid...
The Philippines, the United States and Japan held their first ever talks on the upcoming Luzon Economic Corridor at the sidelines of the Indo-Pacific Business Forum, the US' premier public-private event. Presidential Adviser for Investment and Economic Affairs Frederick Go on Tuesday, May 21, sat...
CAMP Olivas, City of San Fernando, Pampanga – Eleven New People’s Army rebels surrendered to the government from May 1 to 14 in Central Luzon. Police Regional Office-3 chief Police Brig. Gen. Jose S. Hidalgo Jr. identified the surrenderers as Ka Gurang, Ka Leonila, Ka Lyn, Ka Ayana, Ka...
President Marcos expects more foreign investments to come in for his administration’s Luzon Economic Corridor project as it benefits from the government's investment promotion program. President Ferdinand 'Bongbong' Marcos Jr. (Photo from the Presidential Communications Office) Speaking...
President Marcos said the country's various economic zones are open to all foreign investors as he renewed his pitch to foreign businesses to look at the Philippines as an investment destination. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Marcos said this as he discussed the...
While Filipinos are being crippled by the stifling heat of summer, parts of Luzon grid descended into unwanted brownouts or services interruptions due to the prolonged forced outages of power plants and aggravated by the tripping of one major transmission line on Tuesday. In the franchise area of...
Luzon and Visayas grids are having a race against time when it comes to capacity additions – that is if the country has to seriously avoid the dire consequences of threatening power crisis into these two major power grids. The Philippine Independent Power Producers Association Inc. (PIPPA)...
Three high-impact projects under the Bases Conversion and Development Authority (BCDA) have been endorsed to the American and Japanese Investors in the Luzon Economic Corridor plan. In a statement on Monday, April 22, the BCDA said the top projects listed were the Subic-Clark Railway Project...
Wheeling of generated capacities from power plants sited in the southern part of Luzon could be impeded if delays in the 500-kilovolt (kV) Tuy-Dasmarinas transmission line project of the National Grid Corporation of the Philippines (NGCP) could not be avoided due to pending legal hurdles, primarily...