The rate of increase in consumer prices quickened in April, hitting its highest level in more than three-years, due to higher food and fuel costs, the Philippine Statistics Authority (PSA) reported on Thursday, May 5. The country's headline Inflation clocked in at 4.9 percent last month, faster...
Citicore Energy Solutions Inc. (CESI), the power retailing business arm of Filipino firm Citicore Renewable Energy Corporation (CREC), has renewed five of its power supply agreements (PSAs) that are falling due this year. The renewed power supply deals that are under the ambit of Retail Competition...
Power utility giant Manila Electric Company (Meralco) will be undertaking fresh round of competitive selection process (CSP) to auction power supply agreements (PSAs) covering 1,100 megawatts for its baseload and mid-merit power requirements. Atty. Jose Ronald Valles, first vice president and...
All regions in the country posted positive economic growths last year, a reversal of the contractions seen at the height of the coronavirus pandemic, the Philippine Statistics Authority (PSA) reported. Data from the PSA revealed on Thursday, April 28 that all economies of 17 regions in the...
(PSA) The Philippine Statistics Authority (PSA) urged the public to be wary of individuals or groups claiming they can change the civil status on official documents without going through legal proceedings. “It has come to our attention that unauthorized entities and individuals are advertising or...
The Triathlon Association of the Philippines (TRAP) guns for 1-2 finishes in the triathlon and duathlon events of the 31st Southeast Asian Games in Hanoi, Vietnam next month. Screenshot from PSA Forum National team coach Melvin Fausto disclosed this Tuesday, adding they are sending their strongest...
The Energy Regulatory Commission (ERC) is scheduling next month the public hearings on the power supply agreement (PSA) of Manila Electric Company (Meralco) and South Premiere Power Corporation (SPPC) of the San Miguel group for the former's supplemental 170-megawatt power supply, especially for...
Samahang Weightlifting ng Pilipinas President Monico Puentevella believes its athletes can win at least two gold medals in the 31st Southeast Asian Games in Hanoi slated next month. Weightlifting president Monico Puentevella with Hidilyn Diaz. (File Photo) Puentevella made this fearless forecast...
Leisure and business hotel The Linden Suites has shifted its electricity usage to renewable energy (RE) by underwriting a power supply agreement (PSA) under the Green Energy Option Program (GEOP) offer of First Gen Corporation and Energy Development Corporation of the Lopez group. According to Ma....
State economic managers have lauded Senate Minority Leader Franklin Drilon for his major contribution in the passage of three key economic reform laws that are seen to hasten the country’s recovery from the Covid-19 pandemic. In a letter signed by Finance Secretary Carlos G. Dominguez, Trade...
Exports of Philippine-made goods rose at a much faster pace at 12 percent in the first two-months of the year owing to strong demand for electronic products, the government announced. The Philippine Statistics Authority (PSA) released data on Friday, April 8, showing that exports earnings grew 12...
Despite having fewer jobless Filipinos in February this year compared to the same period in 2021, Malacañang said that more needs to be done to allow everyone to return to work amid the Covid-19 pandemic. (File Photo) Communications Secretary Martin Andanar made this statement after the...
