The Energy Regulatory Commission (ERC) has kicked off review of prevailing power supply agreements (PSAs) between generation companies and the distribution utilities (DUs), primarily the electric cooperatives (ECs), on efforts to bring down electricity rates in the country. The scrutiny on the PSAs...
Senator Francis "Tol" Tolentino on Thursday, November 17, chided the Philippine Statistics Authority (PSA) over its supposed refusal to comply with a subpoena from the Senate Blue Ribbon Committee in relation to its investigation on the controversial procurement of overpriced and outdated laptops...
The country’s rosy economic environment failed to lure more foreign investments in the third-quarter, data from the Philippine Statistics Authority (PSA) showed. The PSA reported Tuesday, Nov. 15, that the total approved foreign investments in July to September 2022 went down by 22 percent to...
Power utility giant Manila Electric Company (Meralco) is scheduling another round of bidding by January next year for a 200-megawatt baseload power capacity to be sourced from renewable energy (RE) generating facilities. The auction date is scheduled on January 10, 2023, a follow-through to the...
The sharp decrease in the total fertility rate (TFR) of Filipino women is not a cause for alarm as this could be taken advantage of to hasten socioeconomic development in the country, the Commission on Population and Development (POPCOM) said on Monday, Nov. 14. The POPCOM was referring to the 2022...
Births per woman of a childbearing age in the country continued to decline this year, falling below the replacement level for the first time, the Philippine Statistics Authority (PSA) reported. Based on the preliminary results of the PSA’s 2022 National Demographic and Health Survey (NDHS),...
The government should not waste any opportunity to sustain the positive momentum of the growth of the Philippine economy, Senate Majority Leader Joel Villanueva said today. Villanueva made this statement following a Philippine Statistics Authority (PSA) report that the Philippine economy is growing...
The methodology of the Philippine Statistics Authority (PSA) in getting and giving information should be checked before it is given out, Senator Francis Tolentino said. According to Tolentino, wrong information or erroneous data leads to mistakes in the planning stages by the government on programs...
The Philippine economic growth accelerated in the third quarter this year, which coincided with the first three months of the Marcos administration, despite surging consumer prices, depreciating peso and heightened uncertainty about the global economy. In a briefing on Thursday, Nov. 10,...
Customers of Manila Electric Company (Meralco) will experience higher electric bills this month as its overall tariff went up by P0.0844 per kilowatt hour (kWh) to P9.9472 per kWh this November from the previous month’s P9.8628 per kWh. For residential end-users in the 200 kWh consumption band,...
The economy grew better than initially estimated in the second-quarter of the year, given the strong contributions of construction, real-estate, and manufacturing sectors. The Philippine Statistics Authority (PSA) on Wednesday, Nov. 9, slightly raised upward its April to June economic growth, or...
After successive contractions in the first six-months, farm output grew in the third-quarter of the year as production of crops, livestock, and poultry recovered, the Philippine Statistics Authority (PSA) reported. Data released by the PSA on Wednesday, Nov. 9, showed that the value of production...
