The Department of Energy (DOE) announced the 12 potential winning bidders for its third Green Energy Auction (GEA-3), which offers hydropower, pumped-storage hydropower, and geothermal energy contracts. In a notice of award posted on the website DOE on June 9, it listed two developers for...
The Department of Budget and Management (DBM) has released a total of ₱1.3 billion to support the ongoing implementation of the Electronic Gates (E-gates) Project in major international gateways across the country. “The DBM already released the budget allocation for the E-gates Project for...
ILOILO CITY – The Department of Education (DepEd) has released P4.19 million in aid to restore part of a school in Alimodian town, Iloilo province damaged by a fire on June 2. DepEd Undersecretary Atty. Peter Irving C. Corvera led the turnover of a check for the Alimodian National Comprehensive...
BASEY, Samar – Department of Transportation (DOTr) Secretary Vince Dizon is pushing for a 24-hour barge operation between the ports of Basey, Samar, and Tacloban City to alleviate persistent long queues of cargo trucks. On Sunday, Dizon expressed concern over the significant backlog of trucks on...
Fuel prices are set to increase ahead of the celebration of Philippine Independence Day on June 12. Effective Tuesday, June 10, gasoline prices will inch up by ₱0.60 per liter, while diesel will go up by ₱0.95 per liter. Kerosene is also set to climb by ₱0.30 per liter. Shell Pilipinas,...
The 'hotness ' of the Philippines for renewable energy investments may be losing its sizzle. Some foreign investors are now quietly slipping out the back door, leaving behind whispers of uncertainty, a trail of unanswered questions about what went wrong, and a half-empty plate of missed...
The Asian Development Bank (ADB) reported that the de-risking strategy for geothermal technologies in the Philippines is attracting investor interest. In a briefing, Pavit Ramachandran, ADB Country Director for the Philippines, noted that despite potential challenges, stakeholders are already...
BACOLOD CITY – Department of Agriculture (DA) Secretary Francisco Tiu Laurel Jr. on Thursday announced the approval of a P10-million pesticide assistance from the national government to address the infestation of red-striped soft scale insects (RSSI) mainly in Negros Island. “Nandiyan na ang...
BACOLOD CITY - The Department of Agriculture (DA) is considering increasing the buying price of palay (unhusked rice) to support farmers and the national government’s P20 per kilo rice initiative. Agriculture Secretary Francisco Tiu Laurel Jr. announced during the program’s launching at Burgos...
A $600-million (over ₱33-billion) loan scheduled to be greenlit by the Washington-based World Bank in December is aiming to not only help sustain robust economic expansion in the Philippines but also ensure that Filipino workers are ready to reap growth-induced employment. In a June 2 program...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said the Japan Credit Rating Agency’s (JCR) latest affirmation of the Philippines’ “A-” credit rating with a stable outlook is expected to strengthen confidence among Japanese investors in the country. On Thursday, June 5, JCR...
BACOLOD CITY – The P20 per kilo rice program was officially launched here on Thursday, June 5. Hundreds of residents lined up as early as 6 a.m. to purchase the staple. Agriculture Secretary Francisco Tiu Laurel Jr. and Mayor Albee Benitez led the launching at the Burgos Public Market with...
