The Independent Electricity Market Operator of the Philippines (IEMOP) announced an 11 percent drop in Wholesale Electricity Spot Market (WESM) prices in May. IEMOP data, released on Tuesday, June 3, showed that the average price eased to ₱4.01 per kilowatt-hour (kWh), while the system supply...
Shell Philippines has delivered a set of 110 bike racks made from 3,000 kilograms of plastic waste around Metro Manila and Southern Luzon as part of a unique activation to help encourage sustainable mobility and spotlight the power of the circular economy. The Philippines has been hard hit by the...
Logistics company 2GO and the Electric Vehicle Association of the Philippines (EVAP) have forged a partnership to enhance the distribution of electric vehicles in the country by leveraging sea freight capabilities and integrating EV charging on its vessels. In a statement on Tuesday, June 3, 2GO...
President Marcos has created an inter-agency task force for the Philippines ' hosting of the 33rd Asia-Pacific Regional Scout Jamboree (APRSJ). Through Administrative Order No. 33 dated May 21, Marcos emphasized that the successful hosting of the event requires the involvement and support of...
Senate deputy minority leader Risa Hontiveros on Tuesday, June 3, lamented the Senate’s stance on the impeachment trial of Vice President Sara Duterte saying this is the first time she is seeing the Upper Chamber dribbling its constitutional mandate. “Ngayon lang ako nakakita ng bola na...
The powerful Commission on Appointments (CA) has approved the nominations and appointments of 86 generals, flag officers and senior officers of the Armed Forces of the Philippines (AFP). The following are the names of the nominees and appointees that were approved by the CA: Promoted to Commodore...
ILOILO CITY—Companies under the Razon group have the cheapest rate in the islands of Panay and Negros. In a recent power forum in Iloilo City, it was found out that MORE Electric and Power Corp. (MORE Power) and Negros Electric and Power Corp. (Negros Power) have lower rates for residential...
After two years under a rigorous global labor compliance review, the Philippines has taken a leading role in shaping international standards for the fast-growing platform economy, the Department of Labor and Employment (DOLE) said. DOLE Secretary Bienvenido E. Laguesma said the Philippines’s...
The Senate bill seeking to strengthen and expand the mandate of the Movie and Television Review and Classification Board (MTRCB) by including online streaming platforms in its regulatory powers was approved on third and final reading on Monday, June 2. Sen. Robinhood C. Padilla, sponsor of Senate...
The Senate bill seeking to expand the Philippine Science High School (PSHS) campuses and make them more accessible to high school students nationwide has been approved on third and final reading. Senate Bill No. (SBN) 2974, otherwise known as the Expanded Philippine Science High School (PSHS)...
The Senate has approved on third and final reading the measure seeking to empower the President to optimize positions in government. Twenty-two (22) senators voted in the affirmative for Senate Bill No. 890 or the proposed Government Optimization Act during the Senate’s plenary session on Monday,...
BY Carlos Cervantes The year 1990 marked the beginning of my banking career in Mindanao, where I was immediately immersed in the world of microfinance as an account officer for a local Thrift Bank. As a thrift institution, our mandate was to extend credit to Micro, Small, and Medium Enterprises...
