Lawmakers on Sunday, July 31, paid tribute to former President Fidel V. Ramos who died at the age of 94, with Deputy Speaker Ralph Recto of Batangas 6th District calling him “Steady Eddie” who steered the Philippines to economic development at a time of great crisis in the early 1990s. Former...
‘’Maid in Malacanang’’ tickets are now available in the Philippines and some countries around the world, but they are not for free. ‘’Yes, cinema tickets are available just now; go back to your favorite malls and don't believe the posts of losers (in the May 2022 elections),’’ the...
Senator Sherwin Gatchalian has proposed solutions to the daily intermittent power outage in Occidental Mindoro as the power crisis has affected hospital operations amid a dengue outbreak as well as rising Covid-19 cases. One solution, according to Gatchalian, is for the National Power Corporation...
Semirara Mining and Power Corporation (SCC) is returning to the 30-company PSE index (PSEi), replacing Security Bank Corporation (SECB), effective Monday, August 8, 2022. In a statement, the Philippine Stock Exchange said Semirara was qualified to be a member of the PSEi based on the results of the...
President Ferdinand "Bongbong" Marcos Jr. has vetoed the proposed bill that seeks to expand the franchise area of Davao Light and Power Company. JUST IN: President Ferdinand Marcos Jr. vetoes the bill proposing to expand the franchise of the Davao Light and Power Company "due to, among others, its...
SMC Global Power Holdings Corporation (SMCGP), the power investment arm of San Miguel Corporation, has listed its P40-billion fixed rate bonds with the Philippine Dealing and Exchange Corporation (PDEx), which has been touted as the largest corporate bond issuance to date. According to SMCGP, the...
The Pasay City government announced that residents along D. Jorge and Valerio Streets near M. dela Cruz Street will experience power service interruption on July 27 from 4-9 p.m. The Manila Electric Company (Meralco) will conduct replacement of facilities along D. Jorge St. according to the...
Presidential son and Ilocos Norte 1st district Rep. Sandro Marcos refused to stand idle as his constituents continued to bear the brunt of costly electricity. Ilocos Norte 1st district Rep. Sandro Marcos (left) and ERC Commissioner Alexis Lumbatan (Facebook) That's why, when Marcos had the...
Relevant stakeholders in the power industry are already advancing priority policy proposals and offering help to Energy Secretary-nominee Raphael Perpetuo M. Lotilla, primarily in addressing the recurring dilemma of thinning power supply as well as the country’s energy transition agenda to be...
Ahunan Power Inc., a subsidiary of Razon-led Prime Infrastructure Capital Inc., has proposed a power supply agreement (PSA) with the Manila Electric Company (Meralco) to deliver 500 megawatts of mid-merit power capacity from a pumped storage hydropower facility. In a statement to the media, Ahunan...
While the government is pushing for massive-scale green technology installations in the power industry, the Department of Energy (DOE) indicated that the main segment that will trigger radical spike in the country’s carbon emissions will be the transport sector. As stated in the updated...
KYIV, Ukraine -- Russia is using Europe's largest nuclear power plant as a base to store weapons including "missile systems" and shell the surrounding areas in Ukraine, an official with Kyiv's nuclear agency said Friday, while nearly the entire country was placed on air raid alert.  A...