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Teacher career progression bill clears House panel hurdle

Public school teachers may soon have access to more advanced career opportunities and higher compensation after the House appropriations committee approved the unnumbered substitute bill for the proposed Teacher Career Progression Act on Tuesday. .....»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

PCC clears Aboitiz purchase of local Coca-Cola company

The Philippine Competition Commission has cleared the Aboitiz Group’s acquisition of Coca-Cola Beverages Philippines Inc., paving way for the closing of the transaction by the end of the month......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Quezon City court clears Duterte in grave threat case

The Quezon City Prosecutor’s Office has dismissed the first criminal complaint filed against former president Rodrigo Duterte by ACT-Teachers party-list Rep. France Castro, for insufficient evidence......»»

Category: newsSource:  philstarRelated NewsJan 12th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

NGCP completes backbone project in Visayas ahead of schedule

The National Grid Corp. of the Philippines has completed a backbone project in the Cebu-Negros-Panay area four days ahead of schedule, according to the Department of Energy......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

DOE to NGCP, DUs: Be ready for ILP

The Department of Energ has directed the National Grid Corp. of the Philippines and all distribution utilities to be “fully ready” to implement the Interruptible Load Program amid the dry season......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Residential electricity rate up by P0.13 for March – April billing

Visayan Electric residential consumers will experience an increase of P0.13 per kWh in their March – April billing. The hike, which is caused by an increase in the transmission charges imposed by the National Grid Corporation of the Philippines (NGCP), brings the total electricity rate from P11.25 per kWh of the previous month to P11.38.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

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:  philstarRelated NewsJan 27th, 2024

Residential electricity rates up by P0.19/kWh for Jan-Feb billing

Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»

Category: newsSource:  inquirerRelated NewsJan 15th, 2024

‘Congress may review NGCP’s franchise’

The Joint Congressional Energy Commission might be convened to review and decide on the amendment or cancellation of the franchise of the National Grid Corp. of the Philippines following the region-wide power outage in Western Visayas that caused billions of pesos in economic losses, Sen. Raffy Tulfo said over the weekend......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

‘Miners and anays’ – anti-business

From jeepney modernization to issues involving the National Grid Corporation of the Philippines, both houses of Congress are now investigating the mechanics of the jeepney modernization program and the franchise of the NGCP......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

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

Philippine Grid Code strictly followed, NGCP insists

The National Grid Corp. of the Philippines maintained that it “simply followed” the protocols set by the Energy Regulatory Commission in responding to the multiple plant shutdowns in Panay on Jan. 2 that led to a widespread blackout in Western Visayas......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Senate panel ready to review NGCP franchise

Following the massive power outage that struck Panay Island and other parts of Western Visayas on Jan. 2, another Senate panel is ready to conduct a probe into the National Grid Corp. of the Philippines franchise......»»

Category: newsSource:  philstarRelated NewsJan 10th, 2024

Phinma allots P4.5 billion for 2024 capex

The Phinma Group has earmarked P4.48 billion for capital expenditures this year to sustain the company’s growth momentum......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

SMIC allots P115 billion for 2024 capex

SM Investments Corp., the investment holding company of the Sy family, is spending up to P115 billion this year for the continuing expansion of its various businesses......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

Monde Nissin earmarks P7.2 billion for capex to boost capacity

Snack food giant Monde Nissin Corp. is nearly doubling its capital spending this year to beef up its capacity......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Filinvest holding firm allots up to P25 billion for 2024 capex

Filinvest Development Corp., the investment holding company of the Gotianun family, plans to invest as much as P25 billion this year to expand its presence in real estate and power generation, as well as support its ongoing digitalization efforts......»»

Category: financeSource:  philstarRelated NewsApr 7th, 2024

Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO

Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

DigiPlus earmarks P2 billion for 2024 capex

Fast-growing digital entertainment company DigiPlus Interactive Corp. plans to spend as much as P2 billion this year as it looks to sustain its growth momentum and ramp up its digital offerings......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024