The Social Security System and Government Service Insurance System could buy the shares of Subic-Clark-Tarlac Expressway to benefit their pension funds, according to Finance Secretary Ralph G. Recto. Recto told reporters on Tuesday that the government has plans for the SCTEX including selling some...
ILOILO CITY – The Department of Tourism-6 donated eight electric tricycles for key government institutions that provide pivotal services to tourists and people in the world-famous Boracay Island in Malay, Aklan. THE Department of Tourism donated eight electric tricycles (e-trikes) to key...
The consumption of biofuel in the Philippines is expected to increase this year due to a rise in fuel pool and the expected adoption of higher blending standards, the US Department of Agriculture (USDA) said. The USDA projected that the demand for fuel ethanol in the country would rise by eight...
The Department of Energy (DOE) is counting on the commercial fruition of roughly 13,000 megawatts (MW) of committed power projects for the country to ultimately get out from the ‘wobbly state’ of its electricity supply. As explained, committed capacity would refer to projects that are already...
Tingog Party-list Rep. Jude Acidre (Ellson Quismorio/ MANILA BULLETIN) It's only right for the Philippine government to send home foreign diplomats that abuse Filipino hospitality. Thus, said House Deputy Majority LeaderTingog Party-list Rep....
Many offshore wind investors may end up abandoning their proposed projects as both government and private sector advocates have been intensifying calls and activities for reinforced protection of the Verde Island Passage (VIP). A highly placed source indicated that a multinational company along...
The Commission on Appointments (CA) has approved in plenary session the ad interim appointments of 16 foreign service officials of the Department of Foreign Affairs (DFA). All of the officials hurdled the deliberations led by Senator Jinggoy Ejercito Estrada, chairman of the CA Committee on Foreign...
Senator Risa Hontiveros on Wednesday, May 15 called on the Department of Energy (DOE), the Energy Regulatory Commission, and the National Grid Corporation of the Philippines (NGCP) to demonstrate the foresight and competence needed to address the power supply shortage being felt around the country....
Senator Francis Tolentino has filed a resolution to investigate, in aid of legislation, the alleged unauthorized wiretapping of the Chinese Embassy in Manila on the Armed Forces of the Philippines (AFP) Western Command (WESCOM). In a press conference on Wednesday, May 15, Tolentino said the...
The Department of Finance (DOF) will review the proposed amendment to the Rice Tariffication Law (RTL) to ensure that the debts from the National Food Authority (NFA) do not inflate. Finance Secretary Ralph G. Recto said that the law is working, however, he noted that some tweaks should be done to...
Senior Philippine and United States government officials held a dialogue to discuss areas of collaboration in the advancement of labor rights. DOLE Undersecretary Benedicto Ernesto R. Bitonio Jr. expressed the Philippines' appreciation for the reestablishment of the Labor Working Group as a...
Finance Secretary Ralph G. Recto said that the national government will expand the authorized capital stock of the Land Bank of the Philippines (Landbank) to P1 trillion. Recto told reporters that the amendments to the charters of the two major state-run banks Landbank and the Development Bank of...