Producing way more than what humans can consume has been an “effective” way to burden the planet with piles of trash. If mismanaged or not recycled, these stay with us for several decades to dominate habitats, exacerbate climate change, and pose a risk to human health. To help curb massive...
Project sponsor-firm MGen Renewable Energy Inc. (MGreen), which is a subsidiary of Meralco PowerGen, has cemented a deal with affiliate Meralco Industrial Engineering Services Corporation (MIESCOR) for some construction components in the conglomerate’s $4.0 billion Terra Solar project. In a...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) has plugged more than 28,000 pipe leaks in the first half of 2024, bringing the company’s total number of leaks repaired to 523,111 since 2007 when it inherited one of the oldest pipe networks in Asia upon...
Real estate giant Ayala Land Inc. is planning to issue another P10 billion worth of Sustainability-linked (SL) Bonds after recently raising P20.5 billion from P6 billion in SL Bonds and P14.5 billion in SL Loans from the International Finance Corporation (IFC). According to Philippine Rating...
East zone concessionaire Manila Water Co. will raise its water bills starting in October due to the recently approved Foreign Currency Differential Adjustment (FCDA). In a disclosure to the Philippine Stock Exchange on Monday, Sept. 16, Manila Water said consumers will experience a rate increase of...
On his birthday, President Marcos announced that zero-billing will be implemented in all tertiary public hospitals in the county. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) "This is my treat to you," Marcos said in his speech in Nueva Ecija as he announced that the government will be...
Officials from the Philippine Coast Guard, Harbor Star Shipping Services Inc., local government of Bataan, Office of Civil Defense, and Bataan Provincial Disaster Risk Reduction and Management Office (PDRRMO) conduct a final inspection on Sept. 12, 2024 at the ground zero in Limay, Bataan where...
Owing primarily to the ancillary services as component of the transmission charge, the overall tariff of power utility giant Manila Electric Company (Meralco) had climbed by P0.1543 per kilowatt hour (kWh) in this September billing to P11.7882 per kWh versus P11.6339 per kWh last month. The tariff...
West Zone concessionaire Maynilad Water Services, Inc. has concluded its pipe replacement project in parts of Manila, aiming to improve water pressure and meet the growing demand of consumers in the area. In a statement, Maynilad said the project, which cost P380 million, replaced 1.7 kilometers of...
President Marcos on Tuesday, Sept. 10, said that the country’s health care system should not be politicized as he delivered 129 ambulances to local government units (LGUs) regardless of political affiliations. President Ferdinand ‘Bongbong’ Marcos Jr. leads the distribution of 129...
Just two months after its P6 billion bond issuance, property developer DoubleDragon Corporation is planning to raise P4 billion through the offering of bonds from the second tranche of its P10 billion shelf registered bonds program. For this planned issuance, Philippine Rating Services Corporation...
An official from the Philippine Coast Guard (PCG) has expressed doubt over Shiela Guo's story that she fled the Phillippines by boat together with Alice Guo and Wesley Guo, noting the multiple inconveniences they could have encountered while at sea. Senator Raffy Tulfo presides over the public...