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PSALM expects P100 billion from CBK privatization

The Power Sector Assets and Liabilities Management Corp. (PSALM) is expected to generate as much as P100 billon from the privatization of the 796.46-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Laguna, bolstering the cash position of the cash-strapped state firm......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

PHINMA, DLSU champion business as ‘force for good’ in new research center

PHINMA, DLSU champion business as ‘force for good’ in new research center.....»»

Category: newsSource:  sunstarRelated NewsMar 14th, 2024

Phinma earnings rise to P1.63 billion on higher enrolment

Diversified investor Phinma Corp. registered its best enlistment year in its education segment in 2023, helping it drive up profit to P1.63 billion with the help of expansion in other industries......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

VP Sara ready to face ICC charges only before a Filipino court

Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

DOE slates 3rd round of Green Energy Auction

Another round of the Green Energy Auction will be conducted this year as part of the country’s utilization of renewable energy resources and attainment of energy security and reliability, the Department of Energy said......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Philippines, Indonesia seek to strengthen cooperation for energy security

MANILA, Jan. 10 (Xinhua) -- The Philippines and Indonesia on Wednesday agreed to strengthen energy cooperation to safeguard energy security. Energy ministers of the two countries signed a memorandum of understanding (MOU) on energy cooperation at the presidential palace in Manila, where Indonesian President Joko Widodo was received by his Philippine counterpart Ferdinand Romualdez Marcos. Widodo arrived i.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

NGCP, ECCP sign deal to advance renewable energy development

In a landmark move toward fostering innovation and sustainability in the energy landscape of the country, the National Grid Corp. of the Philippines and the European Chamber of Commerce of the Philippines have inked an agreement to formalize their commitment to mutually advocate the utilization of renewable energy resources in the Philippines to increase the country’s power supply and energy generation......»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

NEWS BRIEFS | 27 February 2024

Energy exploration in BARMM opened for bidding The Department of Energy has opened four areas in the Bangsamoro Autonomous Region in Muslim Mindanao for exploration, development, and production of indigenous energy sources. Energy Undersecretary Alessandro Sales said coal exploration marked as “PDA-BC-1” covering 14,856 hectares in Kapai and Tagoloan towns in Lanao del Sur is […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

Basic Energy, Renova sign MOU for construction of 50MW Mabini Wind Energy Project

I reported last week on Basic Energy and its progress toward signing a memorandum of understanding with Renova Inc. to set the framework for signing an eventual Joint Development and Shareholders Agreement for the construction of the 50MW Mabini Wind Energy Project......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Basic Energy signs MOU for joint development of 50MW Batangas wind project

Basic Energy announced that its board authorized the signing of a memorandum of understanding with Renova Inc., a Japanese renewable energy company, to set the framework toward signing a definitive Joint Development Shareholders’ Agreement for the 50 megawatt Mabini Wind Energy Project......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Balik-Tanaw | Rejoice!

The 4th Sunday of Lent is called Laetare Sunday. A Latin word which means rejoice! In the beginning of the Mass, its entrance antiphon acclaims “Rejoice, Jerusalem, and all who love her. Be joyful!” This Sunday celebration brings us to hope with anticipation, the great joy of the resurrection… which urges us to enter more deeply into the mystery of God’s love and mercy…”For God so loved the world that He gave His only Son, so that everyone who believes in Him might not perish but might have eternal life.”(John 3:16) The First reading reminds us of God’s mercy when Cyrus, King of Persia became the instrument of salvation for God’s chosen people who were exile in Babylon. The Psalm remembers the tragedy of the exile in Babylon as it evokes sentiments of joy and hope for salvation. In the Second Reading, Paul tells us that God is rich in mercy, and His great love brought us salvation as a gift (taken from the Word in other words). The post Balik-Tanaw | Rejoice! appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 10th, 2024

All Creatures Great and Small

You, Lord, preserve both people and animals. — Psalm 36:6.....»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

Safe hands

You are my hiding place; you will protect me from trouble. — Psalm 32:7.....»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Mustangs stomp on Cobras in Sinulog Cup 2024 cage wars

CEBU CITY, Philippines — The Cebu Roosevelt Memorial College (CRMC) Mustangs survived a nail-biting duel against the Southwestern University-Phinma Cobras, winning 84-80 on the second day of the Sinulog Cup 2024 Basketball Tournament on Wednesday evening, January 17, 2024, at the Cebu City Sports Institute gymnasium. It was a sweet revenge for the Mustangs after.....»»

Category: newsSource:  inquirerRelated NewsJan 18th, 2024

Sinulog Cup: Mustangs secure 84-80 victory vs Cobras in thrilling match

CEBU CITY, Philippines— The Cebu Roosevelt Memorial College (CRMC) Mustangs survived a nail-biting duel against the Southwestern University-Phinma Cobras, 84-80, on the second day of the Sinulog Cup 2024 Basketball Tournament on Wednesday evening, January 17, 2024, at the Cebu City Sports Institute gymnasium. Seeking revenge for their previous loss, the Mustangs, now equipped with.....»»

Category: newsSource:  inquirerRelated NewsJan 18th, 2024

Sinulog Cup 2024: Cobras defang Panthers in opener

CEBU CITY, Philippines– The Southwestern University-Phinma Cobras stunned the University of Southern Philippines Foundation (USPF) Panthers, 66-57, at the start of the Sinulog Cup 2024 Basketball Tournament qualifying round on Monday, January 16, 2024. Kyle Maglinte, the prolific point guard of the Cobras unloaded 14 points with five rebounds, two steals, and one block at.....»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

SC allows UN expert to act as friend of the court in Maria Ressa s cyber libel plea

Irene Khan, United Nations (UN) Special Rapporteur for freedom of expression and opinion, has been allowed by the Supreme Court (SC) to sit as an "amicus curiae" to the court in the appeal for the cyber libel case of Rappler.com chief executive officer Maria Ressa and former researcher Reynaldo Santos......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Activists cheer as Baguio court resumes hearing on anti-terrorist label petition

A Baguio regional court is given the green light by the High Tribunal's court administrator to continue hearing the petition filed by activists.....»»

Category: newsSource:  rapplerRelated NewsMar 11th, 2024

Trump wins Colorado ballot disqualification case at US Supreme Court

US Supreme Court justices unanimously reverse a decision by Colorado's top court to kick Trump off the state's Republican primary ballot.....»»

Category: newsSource:  rapplerRelated NewsMar 4th, 2024

SC opens one-stop shop for court concerns

The Supreme Court has opened a one-stop shop for court concerns to systematize and organize the workflow of processes in the SC......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024