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DOTr eyes to bid contract for multi-river ferry system
The Department of Transportation will start next year the bidding process for a private partner for the ferry system that will traverse Manila Bay, Pasig River, Marikina River and Laguna de Bay......»»
SMC to manage NAIA
Today, the administration of President Ferdinand R. Marcos Jr. will award the management for 15 years of the decrepit main Philippine gateway, the Ninoy Aquino International Airport, to the winner of the bidding conducted last December by the Department of Transportation and Communications under Secretary Jaime Bautista......»»
Extreme weather, economic downturn top risks for Philippines – WEF
Extreme weather events, an economic downturn and shortage in energy supply are the top risks seen in the Philippines for the next two years, according to the World Economic Forum......»»
Philippines to grow below target in next 2 years – BSP
The Philippine economy could grow below the government’s target for the next two years as high global oil prices and elevated interest rates dampen domestic demand, the Bangko Sentral ng Pilipinas said......»»
DoF Secretary: Rates to come down maybe 150 bps in the next two years
Department of Finance Secretary Ralph Recto (link) said that he doesn’t “expect interest rates to go any higher”, and that “they will start to go down, maybe 150 bps in the next two years”......»»
Retirement – the last mile?
When people reach the age of retirement, oftentimes they think about their nest egg or what they can live on for the next decade or so. Imagine working for 50 years, then not knowing what to do for the next 10 or 20 years of life?.....»»
Energy policy failure
The Department of Energy has revealed that the total capacity of power plants in forced outages has more than doubled over the past two weeks compared to the average 700 MW recorded over the last four years. Of course. What would they expect after officials of the DOE, past and present, did nothing about the inconvenient reality that 50 percent of our operating power plants are over 20 years old and are losing their reliability......»»
San Juan’s Champion Hotpot closes down
The unlimited hotpot and Mongolian rice bowl buffet concept is bidding its champs farewell after 4 years in business.....»»
Disney delays live-action Moana, sets 2026 release for Toy Story 5, Mandalorian
Disney revealed changes in its movie release calendar involving some of its biggest properties, promising a blockbuster supply of films in the next couple of years......»»
Disney delays live-action Moana, sets 2026 release for Toy Story 5, Mandalorian
Disney revealed changes in its movie release calendar involving some of its biggest properties, promising a blockbuster supply of films in the next couple of years......»»
Government urged to hike, fast-track power investments
The government should increase its investments in the power generation infrastructure and accelerate energy-related projects to address the country’s thinning electricity supply, a think thank said......»»
Coal plants named primary culprits for power supply shortage — report
Energy consumer advocacy group Power4People (P4P) coalition condemned coal plants run by different firms in the country, named by a study as the “primary culprits” for the continuous predicaments of the country’s power grids......»»
Germany spending billions to replace nuclear power
The EU's largest economy 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 earl.....»»
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.....»»
Remembering EDSA in Bicol | PNP opts for ‘police power’ in freedom parks
During the People Power commemoration, the Philippine National Police (PNP) occupied all parks in Camarines Sur for their supposed “outreach” program. Still, it did not stop more than 300 activists here to stage a protest action in the afternoon of Feb. 25. The post Remembering EDSA in Bicol | PNP opts for ‘police power’ in freedom parks appeared first on Bulatlat......»»
Brewing dark days ahead
Zaldarriaga credited this “bayanihan spirit” of the ILP in abating a much serious power supply shortage problem since Meralco started it ten years ago......»»
NGCP ready to expand CNP project
The National Grid Corp. of the Philippines is eyeing further developments to improve power supply amid a projected increase of demand the following years after the completion of a backbone project in the Visayas......»»
SEC streamlines capital raising for power firms
he Securities and Exchange Commission has streamlined the registration process for capital raising of power generation companies and distribution utilities, in support of the public offering mandate stipulated in the Electric Power Industry Reform Act of 2001......»»
Philippines investment board awards green lane for solar power project
MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»
Philippines investment board awards green lane for solar power project
MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»