Citicore Renewable Energy Corp. (CREC) has secured the largest number of projects in the preliminary results of the Department of Energy’s (DOE) fourth Green Energy Auction (GEA-4). The DOE’s advisory listed CREC, along with Ramon Ang-led SMC Global Light and Power Corp. and Joy-Nostalg Solaris...
Sen. Raffy Tulfo is pushing for an across-the-board minimum wage for workers in Metro Manila and the provinces. Tulfo, vice chairperson of the Senate Committee on Labor and Employment said that currently, the daily minimum wage for non-agricultural workers in the National Capital Region (NCR)...
While the Philippines is exploring the re-entry of nuclear power, securing financing may prove challenging as some local banks remain cautious about backing such projects. In an exclusive interview, Michael Ricafort, Chief Economist at Rizal Commercial Banking Corp. (RCBC), explained that the high...
Motorists should brace for a potential fuel price increase next week, with per-liter costs for gasoline and diesel expected to rise by more than a peso due to global geopolitical tensions and sanctions. Based on the four-day trading average of the Mean of Platts Singapore (MOPS), the price of...
Senator Raffy Tulfo on Thursday, Sept. 4, warned Department of Labor and Employment (DOLE) Secretary Bienvenido Laguesma on Thursday. Sept. 4, that he will move to defer the agency’s 2026 budget if it fails to improve performance and remove erring field inspectors who neglect their duties. Tulfo...
An official from the United States Department of State assured the Philippines that more aid will be coming to the country despite the realignment of official foreign assistance by the second Trump administration. In a media roundtable at the US Embassy in Manila on Thursday, Sept. 4, Principal...
The Department of Trade and Industry (DTI), together with the Philippine Coconut Authority, proudly launched the 2025 COCONUTPhilippines Trade Fair from August 28 to September 2 at SM Megamall, shining the spotlight on one of the country’s most iconic and powerful agricultural assets—the...
Senate President Francis “Chiz” G. Escudero has approved the issuance of subpoenas to five contractors and three officials of the Department of Public Works and Highways (DPWH) to compel their attendance the public hearing on irregularities surrounding the flood control projects across the...
Budget Secretary Amenah Pangandaman said the budget for the Department of Public Works and Highways (DPWH) could be reduced if it determines that some of the agency’s proposed projects will no longer be needed, as a two-week timeline has been set to revisit the DPWH budget following President...
The Department of Energy (DOE) is confident it will meet its renewable energy (RE) generation targets of 35 percent by 2030 and 50 percent by 2040, as outlined in the Power Development Plan (PDP). On the sidelines of the Philippine Energy Transition Dialogue 2025, Energy Secretary Sharon Garin...
With more than ₱50 billion in revenues being forgone due to the non-imposition of top-up taxes on large multinational enterprises (MNEs) in the Philippines, the Department of Finance (DOF) is eyeing to slap “very large” corporations with such a levy to contain the flight of potential tax...
The Department of Public Works and Highways (DPWH) is temporarily suspending bidding for all locally funded infrastructure projects nationwide, as the agency aims to crack down on corruption under its newly appointed secretary, Vince Dizon. Dizon said the bidding process will undergo a review in...
