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NGCP holds ceremonial switch-on for P51 billion Mindanao-Visayas Interconnection

The completion of the 450-megawatt Mindanao-Visayas Interconnection Project of the National Grid Corp. of the Philippines will unlock enormous socio-economic opportunities in the two regions, President Marcos said yesterday......»»

Category: newsSource: philstar philstarJan 27th, 2024

10th ID bashes Canadian gov’t for travel advisory vs Mindanao

The 10th Infantry Agila Division (10ID) of the Philippine Army criticized the Canadian government for issuing a travel advisory against all parts of Mindanao, which includes their area of responsibility. Major Mark Anthony Tito, spokesperson for the 10th ID, emphasized that the regions under their jurisdiction are peaceful and free from terrorism and violent threats, contrary to the Canadian embassy's advisory. The division oversees 12 provinces, seven cities, and 72 municipalities in various parts of Mindanao. Tito expressed bewilderment at the basis of the travel advisory, asserting that the Canadian government lacks awareness of the actual situation on the ground. He highlighted the peaceful nature of the entire Davao Region throughout 2023, with no recorded incidents of terrorism or insurgency. Despite the exclusion of Davao City from the advisory, Tito noted that the region would still be impacted. The Canadian embassy's advisory warned its citizens to avoid visiting Mindanao due to ongoing terrorism, civil unrest, kidnapping, high levels of violence, and encounters between rebel forces and government security authorities. Specific provinces and regions were singled out for caution or non-essential travel, including Northern Mindanao, Soccsksargen, and Eastern Mindanao. Contrary to the advisory, the 10th ID has been actively weakening and eliminating guerilla forces within its jurisdiction as part of the Philippine Army's efforts to establish an insurgency-free zone. In fact, on October 27, 2023, the Davao Region celebrated its first anniversary as an insurgency-free region in the Philippines. This dispute has led to other related stories, including the Chamber's intention to engage in discussions with the Canadian government regarding the travel advisory, as well as refutations from the Mindanao Development Authority (MinDA) and celebrations of the Davao Region's insurgency-free status by the Regional Peace and Order Council. In summary, the 10th ID vehemently opposes the Canadian government's travel advisory, citing the peaceful and secure nature of the regions under their jurisdiction, and highlighting the significant strides made in eradicating insurgency in the Davao Region......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Cong. Pulong Duterte got P51-B budget in three years

It was his own statement about having his district budget reduced this year that got House members to probe and discover that Davao City First District Representative Paolo ‘Pulong’ Duterte, son of former President Rodrigo Duterte, had received P51 billion in the past years......»»

Category: newsSource:  davaotodayRelated NewsJan 26th, 2024

Cash flow problems

The good news last week was the inauguration and commercial energization of the P52-billion Mindanao-Visayas Interconnection Project......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Marcos leads ceremonial energization of the Cebu-Negros-Panay sub-grids

Marcos leads ceremonial energization of the Cebu-Negros-Panay sub-grids.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Marcos leads ceremonial energization of the Cebu-Negros-Panay sub-grids

Marcos leads ceremonial energization of the Cebu-Negros-Panay sub-grids.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Earth Hour 2024 Calls for Filipinos to Switch Off Lights and Switch Off Single-use Plastics

Filipinos can help in solving two of our planet’s biggest problems, biodiversity loss, and climate change, by doing their part in conserving energy and putting an end to the problem of plastic pollution. Earth Hour 2024, set on March 23, Saturday will once again bring together millions of people across the world so they can […].....»»

Category: newsSource:  metrocebuRelated NewsMar 23rd, 2024

5 reasons to switch to an eSIM with Smart now

Do you have an eSIM-capable device but are still unsure whether you should upgrade to an eSIM? Here are five compelling reasons to finally switch to a Smart eSIM and maximize its benefits......»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

Power grid operator NGCP billed P2.4B worth of CSR, PR expenses to consumers

At least 9 percent of what Filipinos pay for electricity goes to transmission charges. This means that for every P100 spent on the electricity bill, P9 goes to the NGCP......»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2024

‘No reason for pork price surge in Visayas, Mindanao’

There is no reason for the spike in retail prices of pork in the Visayas and Mindanao, as the prevailing live weight cost is only P180 per kilo, farmers’ group Samahang Industriya ng Agrikultura said over the weekend......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

DOE should regulate NGCP

The messy situation between the DOE and NGCP is responsible for problems that inconvenience electricity consumers......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Lacson hopes NGCP to improve power situation

Lacson hopes NGCP to improve power situation.....»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

NGCP told to ‘practice discipline’ to protect consumers

Energy industry regulators are urging utilities, especially monopolies like the NGCP, to charge only reasonable expenses to consumer electric bills.....»»

Category: newsSource:  rapplerRelated NewsFeb 13th, 2024

[Vantage Point] NGCP – what’s wrong with it?

The financials of NGCP's major shareholder, SGP, illustrate the corporation's financial health.....»»

Category: newsSource:  rapplerRelated NewsJan 30th, 2024

Chinese presence at NGCP

The Chinese presence at NGCP can be blamed on former president Gloria Macapagal-Arroyo who allowed it to happen. She was very close to China, trying a pivot to China away from the United States through Chinese supported infrastructure projects......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

SSS net income soars to all-time high of P83B in 2023

MANILA,  Philippines  —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target  of P51.06 billion for the year and the highest attained so far by the state pension fund. Based on its unaudited financial statement, the SSS said the 2023 bottom line market a big jump.....»»

Category: newsSource:  inquirerRelated NewsFeb 25th, 2024

Grids sa Luzon, Visayas, Mindanao konektado na

Grids sa Luzon, Visayas, Mindanao konektado na.....»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

Earthquake of magnitude 6.0 strikes Mindanao in Philippines

Mindanao [Philippines], March 8 (ANI): An earthquake of magnitude 6.0 on the Richter scale struck Mindanao in Philippines on Friday, the National Centre for Seismology said. The depth of the earthquake was measured at 140 km. According to the NCS, the tremors were felt at about 14:41:47 IST. "Earthquake of Magnitude:6.0, Occurred on 08-03-2024, 14:41:47 IST, Lat: 5.81Long: 126.90, Depth: 140 Km, Location: Mindanao, Philip.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

Earthquake of magnitude 6.0 strikes Mindanao in Philippines

Mindanao [Philippines], March 8 (ANI): An earthquake of magnitude 6.0 on the Richter scale struck Mindanao in Philippines on Friday, the National Centre for Seismology said. The depth of the earthquake was measured at 140 km. According to the NCS, the tremors were felt at about 14:41:47 IST. "Earthquake of Magnitude:6.0, Occurred on 08-03-2024, 14:41:47 IST, Lat: 5.81Long: 126.90, Depth: 140 Km, Location: Mindanao, Philip.....»»

Category: newsSource:  manilanewsRelated NewsMar 9th, 2024

BPI profit hits record high P51.7 billion in 2023

“The bank’s solid financial performance is a reflection of its strengthened customer franchise and deeper customer engagement which led to record volumes and market share gains in several businesses,”.....»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

[The Slingshot] Paolo Duterte’s scandalous P51 billion

'Where did that huge stash of money go? It is a question that each Duterte in public service is unwilling to answer.'.....»»

Category: newsSource:  rapplerRelated NewsJan 28th, 2024