SMC Global Power Holdings Corporation (SMCGP), the energy investment arm of San Miguel Corporation (SMC), has formally lodged ‘notice of termination’ for two of its prevailing power supply agreements (PSAs) with Manila Electric Company (Meralco). This move is SMCGP's ultimate recourse if the...
Deputy Speaker and Batangas 6th district Rep. Ralph Recto has chided the Philippine Statistics Authority (PSA) for suggesting that a measly budget of P93 is enough to feed a family of five in the country. (Metin Ozer/ Unsplash) "According to the PSA, a family of five would need ₱279 ( in 2021,...
Power utility giant Manila Electric Company (Meralco) has formally opened to challengers the competitive 200-megawatt original proposal of the subsidiary-entity of Solar Philippines from its integrated solar farm and battery energy storage installation. In a notice to third party bids and awards...
Solana Solar Alpha Inc. (Solana Solar), a subsidiary of renewable energy firm Alternergy, has inked a 20-year power supply agreement (PSA) with Peninsula Electric Cooperative Inc. (PENELCO) for the off-take of the generated electricity from the former's 10-megawatt solar power project to be sited...
More than two million Filipinos were pushed into poverty in the last three years, which the National Economic and Development (NEDA) blamed to the effects of the prolonged Covid-19 pandemic on the economy and employment that brought to 19.99 million total number of poor Filipinos in the country....
BAGUIO CITY – The Philippine Statistics Authority-Cordillera has launched the Community-Based Monitoring System (CBMS) that’s targeting 59 municipalities from the six Cordillera provinces in its bid to fight poverty in the region. PSA statistical specialist Brozybroz Mateo said the...
Food manufacturer Monde Nissin Corporation (MNC) has inked a power supply agreement (PSA) with Energy Development Corporation (EDC), for it to source electricity supply from a renewable energy-generated resource. According to EDC, which is a subsidiary firm of Lopez-led First Gen Corporation, the...
CAGAYAN DE ORO CITY – The number of Philippine Identification (PhilID) cards distributed in Northern Mindanao remains low, data from the Philippine Statistics Authority (PSA)-Region 10 showed. As of July 31, 202,842 PhilID cards have been distributed in the region, said Jose Tuason Jr.,...
(PHILIPPINE STATISTICS AUTHORITY / WEBSITE) The Philippine Statistics Authority (PSA) has launched the PSA e-Verification Mobile App to enable the public to validate the displayed information against the printed security paper (SECPA). In a statement on Wednesday, Aug. 10, the PSA said that the...
Trade deficit accelerated last June as country’s purchases of goods from abroad outpaced the rise in sales of locally-made products, but the National Economic and Development (NEDA) just shrugged off the widening trade gap. The Philippine Statistics Authority (PSA) said Tuesday, Aug. 9, that the...
The Philippine economy slowed in the second-quarter amid soaring consumer prices that weakened demand from both businesses and households, the government reported on Tuesday, Aug. 9. Based on the Philippine Statistics Authority (PSA) data, the country’s economy, as measured by the gross domestic...
CAGAYAN -- The Police Regional Office 2 (PRO2) clinched three major awards during the 121st Police Service Anniversary celebration held at the Philippine National Police National Headquarters in Camp Rafael Crame, Quezon City on Monday, August 8. Police Colonel Renell R Sabaldica, Provincial...
