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NGCP not solely to blame for Panay blackout – Chiz

The National Grid Corp. of the Philippines is not solely to blame for the Panay power outage, Sen. Francis Escudero said, adding that power plants also failed in ensuring the island’s power supply......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Lapu-Lapu road clearing: Ahong promises relocation to 53 vendors near Plaza Rizal

LAPU-LAPU CITY, Cebu – The Lapu-Lapu City Government is currently looking for an alternative vending site for approximately 53 vendors who will be displaced by a road clearing operation near Plaza Rizal in Barangay Poblacion. The planned road clearing operation was in compliance with the directive of the Department of Interior and Local Government (DILG).....»»

Category: newsSource:  inquirerRelated NewsMar 3rd, 2024

Defending the Philippines via alliances

It is time we understand that the Russian invasion of Ukraine, the increasing tension in the Taiwan Strait caused by China and the increasing pressure on the Philippines regarding the illegal possession of Philippine sovereign territory are interconnected and not isolated events......»»

Category: newsSource:  philstarRelated NewsMay 11th, 2024

Risk appetite

When the controversial Maharlika Investment Fund was proposed and debated in Congress, the point was made that Filipino taxpayers do not have extra funds to potentially lose in a sovereign investment fund. But the BBM administration was insistent......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Marcos- No water cannons vs China - The Manila Times

(UPDATE) PRESIDENT Ferdinand Marcos Jr. on Monday ruled out installing water cannons on Philippine ships sailing through the West Philippine Sea (WPS) and said the country would not respond in kind to recent Chinese attacks on its vessels. "What we are doing is defending our sovereign rights and our sovereignty in the WPS and we have no intention of attacking anyone with water cannons or any such offensive (equipment.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

Whole-of-nation for WPS

On the initiative of Department of the Interior and Local Government Secretary Benjamin “Benhur” Abalos, local government units facing the South China Sea will be tapped as areas pivotal to the whole-of-nation protection of our country’s sovereign rights in and around our own West Philippine Sea......»»

Category: newsSource:  philstarRelated NewsMay 8th, 2024

Chinese espionage and neo-colonization

If you think China’s illegal incursions on sovereign exclusive economic zones happens only in the Philippines, then you are wrong......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Recognition

It’s good to see countries with shared values going beyond words in recognizing the Philippines’ sovereign rights and maritime entitlements in the South China Sea, based on the United Nations Convention on the Law of the Sea or UNCLOS......»»

Category: newsSource:  philstarRelated NewsApr 24th, 2024

Recognition Actions speak louder than words.

It’s good to see countries with shared values going beyond words in recognizing the Philippines’ sovereign rights and maritime entitlements in the South China Sea, based on the United Nations Convention on the Law of the Sea or UNCLOS......»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

EDITORIAL — Secret deal

Finally breaking his silence on a raging controversy, Rodrigo Duterte discussed reports that during his presidency, he had entered into a gentleman’s agreement with Chinese President Xi Jinping that compromised Philippine sovereign rights in the West Philippine Sea......»»

Category: newsSource:  philstarRelated NewsApr 12th, 2024

‘Secret agreement’ with China ‘horrifies’ Marcos

President Marcos is seeking clarification from the Chinese government on the supposed gentleman’s agreement on the West Philippine Sea entered into by Manila and Beijing during the Duterte administration, even as he warned such a deal could have “compromised” the sovereignty and sovereign rights of the country......»»

Category: newsSource:  philstarRelated NewsApr 10th, 2024

Territorial threats harming Filipinos unacceptable – Marcos

Threats to the country’s sovereign rights over the West Philippine Sea that endanger the lives of Filipinos are “unacceptable,” President Marcos said yesterday, as he ordered a review of the capabilities of the country’s military hardware and equipment......»»

Category: newsSource:  philstarRelated NewsApr 9th, 2024

DOF: GFIs can seek extended relief after Maharlika infusion

Government financial institutions Land Bank of the Philippines and Development Bank of the Philippines will likely seek an extension of its regulatory relief following contributions to the country’s sovereign wealth fund......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Marcos: PH avoiding conflict amid China’s rising threats

President Marcos said on Wednesday that the Philippines will strive to avoid provoking China while addressing its increasing threat in the South China Sea. However, Manila intends to assert its sovereign rights more assertively in the disputed waters. Marcos emphasized the importance of maintaining a delicate balance between defending maritime rights and preventing conflict in.....»»

Category: newsSource:  inquirerRelated NewsMar 21st, 2024

Recto pitches Maharlika fund to Australians

Finance Secretary Ralph Recto encouraged Australian businesses to invest in the country’s first sovereign wealth fund, noting that the Philippines has pro-business policies in place......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

MIC wants to join global network of SWF

State-run Maharlika Investment Corp. (MIC) is applying to be a member of the global network of sovereign wealth funds (SWF) in a bid to boost transparency and good governance......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

We, the sovereign Filipino people

Approved by the 1986 Constitutional Commission, the 1987 Constitution of the Republic of the Philippines was presented to former president Corazon C. Aquino and ratified on Feb. 2, 1987 by a plebiscite and proclaimed on Feb. 11, 1987......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

CCG stops Philippine fishermen from trespassing on Huangyan Island

The China Coast Guard (CCG) recently stopped a group of Philippine fishermen from trespassing on Huangyan Island in the South China Sea, a source confirmed with CGTN on Friday. Footage and two photos given by the source over the weekend show the group of fishermen standing on the reefs of the island and illegally collecting seashells, a move not only violating China's sovereign rights but damaging the ecological.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Xinhua Headlines: What China s new economic pivot means for the world

by Xinhua writer Liu Bowei BOAO, China, March 30 (Xinhua) -- On a flat ground in the Mymensingh district in north-central Bangladesh, some 169,000 solar panels are laid in rows, converting sunrays into electrical power. Now, the 50 MW photovoltaic power plant serves as an epitome of Bangladesh's booming green power development, as the South Asian country has announced the decision to reduce carbon dioxide.....»»

Category: newsSource:  manilanewsRelated NewsMar 30th, 2024

Consumers express mixed reactions on slight power rate increase

Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024