As the government cannot provide viable ‘quick fixes’ to the country’s shaky power supply situation, Luzon grid will have to increase its dependency on the interruptible load program (ILP) which is underpinned by the switch-on of generating sets (gensets) of big-ticket customers that are...
The Department of Budget and Management (DBM) urged the Department of Health (DOH) to fast-track the disbursement of the P91.3 billion funds for public health emergency benefits and allowances of healthcare workers. Budget Secretary Amenah F. Pangandaman said the DBM has so far released over P91...
Senator Risa Hontiveros on Tuesday, April 23 urged the Department of Energy (DOE) to deliver a lastong solution to the recurrent power outages hitting the country during summer season. Hontiveros made the call as electricity demand increased during the summer months and forced the National Grid...
The officers and shareholders of MFT Group of Companies and The Foundry Ventures issued a statement reiterating their position that “we never engaged in securities transactions in violation of the Revised Securities Act.” They noted that the Securities and Exchange Commission has filed a...
The Department of Science and Technology (DOST), in a statement on Monday, April 22, handed over a P17-million smart city project that seeks to utilize data science and artificial intelligence (AI) to transform Baguio City into a smart city. (Baguio City Mayor Magalong and DOST Secretary Solidum...
The National Economic and Development Authority (NEDA) has expressed its support for the Department of Agriculture’s proposal to extend the Rice Competitiveness Enhancement Fund (RCEF). “NEDA is looking at that issue. There are pros, there are cons. I would like to think that keeping the RCEF...
The Department of Budget and Management (DBM) reported that infrastructure spending rose in the first two months of the year due to road projects and defense modernization program. Total infrastructure and other capital outlays of the national government amounted to P120.5 billion from January to...
Senators on Monday, April 22, urged the Department of Transportation (DOTr) to plan well its idea of adding another motorcycle lane in EDSA. Senate Public Services Committee Chair Sen. Grace Poe said that while the intention to decongest EDSA is understandable, she's curious as to how the agency...
The Department of Finance (DOF) has warned that the government’s slow implementation of digitalization amid the rapid growth of e-commerce could result in significant revenue loss. In a statement, the DOF said that Finance Secretary Ralph G. Recto is now seeking additional funding from the...
ILOILO CITY – The Department of Agriculture (DA) is calling for the reduction of pork importation as many areas in the country are still recovering from the impact of African Swine Fever (ASF). AGRICULTURE Secretary Francisco Tiu Laurel Jr. (left) partakes of a ‘lechon’ or roasted pig at the...
The Department of Finance (DOF) has secured a standby fund from the World Bank that the Philippines can readily utilize during emergency or crisis situations. In a statement on Monday, April 22, the DOF announced that the signing of the Rapid Response Option (RRO) agreement with the World Bank...
BAGUIO CITY – The Mangan Taku (Let’s Eat) Festival featuring indigenous food and wine from the Cordillera region will be held by the Department of Tourism at the Rose Garden of the Burnham Park here from April 25 to 30. DOT-Cordillera Regional Director Jovi Ganongan said Mangan Taku is...
