Consumers will still feel the deepest financial pain triggered by surging electricity rates due to simultaneous plant outages in the past two weeks, but the Department of Energy (DOE) is urging the distribution utilities (DUs) to tap palliative interest-bearing loan from the Land Bank of the...
President Marcos has urged electricity distribution utilities to tap the Anti Bill Shock Lending Program of the Land Bank of the Philippines to ensure that electricity rates are affordable. Marcos made the directive to the Department of Energy (DOE) and the Energy Regulatory Commission (ERC)....
The Department of Information and Communications Technology (DICT) on Friday, May 3 cited the lack of cybersecurity experts in both private and public sectors in the Philippines. Photo from Pixabay On the sidelines of "HackforGov 2024," DICT Cybersecurity Bureau Director Jose Carlos Reyes addressed...
The Philippines and Cambodia are set to formally sign their double taxation agreement (DTA) after six years of negotiations, the Department of Finance (DOF) announced. In a statement on Friday, May 3, the DOF said that the draft DTA between Manila and Phnom Penh was finalized on April 19, with the...
The Philippines was ranked third among countries that made huge progress in implementing renewable energy initiatives, according to research from the Ocean Science and Technology. The study reported that the country had an overall rank of 81.31 among 81 countries, only next to Chile and China which...
The Department of Information and Communications Technology (DICT) on Friday, May 3 kicked off the annual nationwide cybersecurity competition "HackforGov 2024" Capture-The-Flag (CTF). All systems go for HackforGov 2024, a nationwide cybersecurity competition at Lucky China Town Hotel in Manila on...
The Department of Energy (DOE) will be rescinding its order mandating the conduct of joint competitive selection process (CSP) for the electric cooperatives (ECs) in their aggregated procurement of capacities from gas-fired power facilities. According to Energy Undersecretary Sharon S. Garin,...
The Department of Labor and Employment (DOLE) has expressed support to the recommendation implementing a four-day work week set up for workers in private and public sectors amid the rising temperatures in some parts of the country. In an Unang Balita interview, DOLE Undersecretary Benjo...
The Philippine government on Thursday, May 2, summoned one of China’s top diplomats in Manila to explain the latest harassment incident in the country’s waters. The latest diplomatic action came after the China Coast Guard (CCG) fired a water cannon at Philippine Coast Guard (PCG) and Bureau of...
Senator Risa Hontiveros on Thursday, May 2 urged the Department of Transportation (DOTr) to work with Land Bank of the Philippines (Landbank) and the Development Bank of the Philippines (DBP) to procure modern private utility vehicles (PUVs). These PUVs, the senator said, can be leased to...
Consumer groups are pushing Congress to uphold automatic refunds for airline passengers whose flights are canceled or delayed for several hours. Just last week, the Transportation Department announced a rule requiring airlines to pay quick and automatic refunds. President Joe Biden touted the rule,...
The Department of Finance (DOF) said that the Philippine government is on track to finalize four loan agreements with the Japan International Cooperation Agency (JICA) this year. According to the DOF, these loan agreements, estimated at $1.5 billion (P86.4 billion), are earmarked for projects...
