Listed firm Solar Philippines Nueva Ecija Corporation (SPNEC) has inked a 10-year power supply agreement (PSA) with Angeles Electric Corporation (AEC), a privately owned power distribution company that is touted to be the third biggest in Luzon grid. According to SPNEC, it will supply 97.8 megawatt...
Consumer prices rose at a slower pace in January brought about by milder costs of household utilities as well as restaurants and accommodation services. The Philippine Statistics Authority (PSA) reported on Friday, Feb. 4., that the headline inflation went down to 3.0 percent in January 2022 from...
The bid of South Premiere Power Corporation, a subsidiary of SMC Global Power, has been declared the "winning offer" in the 170-megawatt supply procurement of Manila Electric Company (Meralco) that will satiate its peaking power needs especially during the summer months. According to the third...
Hidilyn Diaz (AFP) The most memorable period in Philippine sports history will be relived and honored next month when the Philippine Sportswriters Association (PSA) and San Miguel Corporation (SMC) teamed up anew to hold its traditional Annual Awards Night. The festivity is booked at the ballroom...
Presidential aspirant Senator Panfilo "Ping" Lacson on Sunday urged the Philippine Statistics Authority (PSA) to fast track the printing and delivery of national ID cards. Lacson, Partido Reporma standard bearer in the upcoming May 2022 elections, also said the PSA should increase its information...
(PSA) The number of registered live births showed a "generally decreasing trend" in the past eight years, with 2020 registering the highest decline at 8.7 percent, the Philippine Statistics Authority (PSA) said. "In 2020, a total of 1,528,684 live births were registered, which is equivalent to a...
The Philippine economy, as measured by the gross domestic product (GDP), grew 5.6 percent in 2021, slightly beating the government’s downgraded target band of 5.0 percent to 5.5 percent, rebounding from a 9.6 percent decline in the previous year, the Philippine Statistics Authority (PSA) reported...
Trade deficit ballooned last year as Philippine purchases of goods from abroad outpaced the rise in sales of locally-made products following the further reopening of the economy from quarantine restrictions. The Philippine Statistics Authority (PSA) reported on Thursday, Jan. 27, that the...
The country’s economy grew at a much slower pace in the third-quarter last year, the Philippine Statistics Authority (PSA) announced on Wednesday, Jan. 26. In a statement, the PSA said the economy, as measured by gross domestic product (GDP), grew by 6.9 percent from July to September 2021,...
Farm sector output worsened last year after livestock production declined by double-digits, data from the Philippine Statistics Authority (PSA) showed on Wednesday, Jan. 26. PSA DATA The PSA reported that the value of the Philippines’ agricultural output shrank by 1.7 percent from January to...
COVID-19-associated deaths shoot up last year, ranking second in the Philippine Statistics Authority’s (PSA) tally of top three causes of demise in the country. The PSA reported on Monday, Jan. 17, that the total deaths registered from January to October 2021 reached 604,329. Of that number,...
The Department of Energy (DOE) has listed 2,619 megawatts of eligible renewable energy (RE) capacity that can be granted incentives under the Renewable Portfolio Standards (RPS) in the energy sector. RPS is an incentive mechanism for RE investments in the country because it provides market for RE...
