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EU s largest economy spending billions to replace nuclear power
Germany is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earlier this week.&nb.....»»
Capitol allocates P2.4M to Camotes Islands
Capitol allocates P2.4M to Camotes Islands.....»»
Comelec allocates P465M for internet voting for overseas voters, sets public bidding
Comelec allocates P465M for internet voting for overseas voters, sets public bidding.....»»
Task Force Gubat sa Baha to construct water catchment to address flooding
CEBU CITY, Philippines –Task Force Gubat sa Baha (TFGsB) is considering taking advantage of the upcoming El Niño to execute plans to construct a dam and water catchment in Apas, Cebu City, in an effort to address the flooding problem in the area. However, they mentioned that there is still no specific location yet, but.....»»
PH Allocates Over P32 Billion to Boost Workforce
The Philippine government has allocated billions of funds to enhance employment and livelihood programs in the 2024 budget. The Department of Budget and Management (DBM) Secretary, Mina F. Pangandaman announced a substantial allocation of P32.720 billion under the Fiscal Year 2024 General Appropriations Act (GAA). The budget includes important initiatives spearheaded by the Department of […].....»»
PPA readies P1.5 billion for Leyte, Bohol port projects
The Philippine Ports Authoritywill spend more than P1.5 billion to construct a new port in Leyte and expand an existing one in Bohol to boost trade activities in Visayas......»»
OVP plants 5K mangroves in Kabankalan City
OVP plants 5K mangroves in Kabankalan City.....»»
GSIS, PNB allot P1.2 billion for affordable housing
State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»
Palarong Pambansa 2024: Cebu City allocates P205M for games
CEBU CITY, Philippines – The Cebu City government has allocated a budget of P205 million for its hosting of the Palarong Pambansa 2024 this July. However, the amount is still subject to deliberation and approval by the city council. READ: DepEd expects Cebu City’s ‘world-class’ hosting of Palarong Pambansa Previously, during the signing of the.....»»
Chocolate hills resort: Bohol governor tells DENR to take legal action ASAP
CEBU CITY, Philippines—The provincial government of Bohol wants to find out how the controversial resort located within the famous Chocolate Hills was allowed to construct and operate despite an investigation that started way back in 2018. Bohol Governor Erico Aris Aumentado on Thursday, March 14, 2024, urged the Department of Environmental and Natural Resources (DENR).....»»
Batanes seaport to be funded by US
A plan is underway to construct a United States-funded civilian port in Batanes, chosen for its strategic significance and proximity to Taiwan......»»
DA to build more Taguig cold storage facilities
The Department of Agriculture plans to construct more cold storage facilities at the Food Terminal Inc. in Taguig City as part of its strategy to address overproduction and minimize post-harvest losses of agricultural products, particularly vegetables and other high-value crops......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
Filinvest cleared to sell P10 billion fixed bonds
Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
WATCH: Farmers in upland Cebu City give tomatoes for free as plants wilt
CEBU CITY, Philippines – More than 15,000 kilograms of tomatoes from the upland barangays here will not make it to the markets in Metro Cebu. As the drought continue to devastate farmers and crops in the mountains of Cebu City, farmers in Brgy. Sudlon 2 decided to give the tomatoes for free. According to.....»»
ERC to power generators: Explain forced outages
The Energy Regulatory Commission will investigate the recent forced outages of several power plants, resulting in the placement of the Luzon and Visayas grids on red and yellow alert......»»
Luzon, Visayas grids on yellow, red alerts — NGCP
In separate advisories, the NGCP said that the Luzon and Visayas grids were placed under the yellow and red alerts after some of its power plants were forced outaged while some operated on a reduced capacity......»»