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SRA allots P66-M fund for El Niño mitigation measures
SRA allots P66-M fund for El Niño mitigation measures.....»»
DPWH to fund P5.385B worth of projects in Lapu-Lapu in 2025
LAPU-LAPU CITY, Cebu — The Department of Public Works and Highways (DPWH) will fund P5.385 billion worth of projects for Lapu-Lapu City in 2025. These projects were submitted to Mayor Junard “Ahong” Chan during its City Development Council (CDC) meeting. The amount has four components, which consist of the Asset Preservation Program, National Road Network.....»»
Villar pushes extension, higher budget for RCEF
Sen. Cynthia Villar wants to double the annual guaranteed allocation for the rice competitiveness enhancement fund to P20 billion as she seeks to extend the fund by another six years or until 2030......»»
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......»»
SPNEC confirms it is looking for investors in Terra Solar to help fund project dev t
SP New Energy, Meralco’s new renewable energy subsidiary, confirms a report that it was seeking investors to help fund the development of the 3.5 GW Terra Solar project, but clarified that it is only seeking investors “at the Terra Solar Philippines Inc. level,” and that it has only “just launched the process and are still in discussions with various possible investors.” .....»»
Rama to barangays: No aid if fire safety initiatives not done
CEBU CITY, Philippines – Cebu City Mayor Michael Rama took a bold stance on withholding yearly aid and allocations of barangays if they would fail to comply with re-blocking initiatives in communities at risk of fire. He said that the fund in context would be sourced from the Local Development Fund (LDF). READ: Probe.....»»
Cebuana Lhuillier, Packworks boost MSME growth with ‘Sari Fund’
Cebuana Lhuillier, Packworks boost MSME growth with ‘Sari Fund’.....»»
DBM approves P455-million funding to aid rice farmers
The DBM said that the fund was released to the Department of Agriculture (DA) and three other Government-Owned and Controlled Corporations to cover the fund’s operating requirements for the first quarter of 2024......»»
Fund for indigent cancer patients reaches P1.25 billion
Senators and congressmen have approved a substantial increase in this year’s budget allocation for indigent cancer patients, or the Cancer Assistance Fund (CAF), in the hope of helping more Filipinos to be healed from the killer disease......»»
Pag-IBIG members to get more benefits
Filipinos are expected to enjoy double savings and higher cash loan entitlements while having access to affordable home loans, according to the Home Development Mutual Fund or Pag-IBIG Fund......»»
Pag-IBIG to increase member contributions in February 2024
MANILA, Philippines — The Home Development Mutual Fund or the Pag-IBIG Fund said that it will raise its member contributions in February 2024. In a phone interview on Tuesday, it said that monthly contributions from employees and employers will be increased to P200, from the minimum P100. ALSO READ: PhilHealth members’ contribution rises to 5%.....»»
P257-M fund for plazas rehab
P257-M fund for plazas rehab.....»»
Argentina permitted to tap IMF bailout
The Latin American country is heading towards 200% inflation amid the worst economic crisis in decades The International monetary Fund (IMF) has agreed to unlock $4.7 billion for Argentina as part of a debt restructuring plan even though the country missed targets related to its $43 billion loan program, the fund anno.....»»
ERC urged to defer power rate hikes
It would be best for the Energy Regulatory Commission to withhold the requests of power distributors and generating firms to collect higher electricity bills while the industry is on yellow alert due to high power demand this summer, a member of the House of Representatives said......»»
Lotilla sablay forecast: 47 power plant tumirik sa El Niño
Umaabot sa 47 power plant ang tumirik sa loob lamang ng 30 araw kaya halos kapusin ang suplay ng kuryente sa Luzon at Visayas, taliwas sa naging pangako ni Energy Secretary Raphael Lotilla noong Marso na sapat ang suplay ng kuryente kahit sa panahon ng tag-init. The post Lotilla sablay forecast: 47 power plant tumirik sa El Niño first appeared on Abante......»»
Lotilla dinikdik sa power crisis
Kinastigo ni Senador Chiz Escudero ang Department of Energy dahil sa pagkabigo nilang inspeksyunin ang mga power plant bago ang mga unscheduled shutdown na nagpanipis sa suplay ng kuryente sa Luzon at Visayas. The post Lotilla dinikdik sa power crisis first appeared on Abante......»»
Alerts raised on Visayas, Luzon grids due to power woes
MANILA, Philippines — The Visayas grid was placed on yellow alert while the Luzon grid on red alert by the National Grid Corp. of the Philippines (NGCP) on Tuesday, April 16. This was after 42 power plants either stopped supplying electricity or reduced their output. When power supply is insufficient to meet consumer demand then.....»»
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.....»»
‘Cha-cha lies in the power of the people, not politicians’ – coalition
“The amendments are unnecessary, not urgent, and could worsen the situation of the Filipino people. The process is also alarming since adding the provision ‘unless provided by law’ gives Congress the power to revise or even reverse the constitutional provisions through ordinary legislation." The post ‘Cha-cha lies in the power of the people, not politicians’ – coalition appeared first on Bulatlat......»»
San Miguel, Meralco, Aboitiz Power to team up on P185-B LNG facility
Three of the country’s wealthiest and most influential players in the power industry will team up to develop an integrated liquefied natural gas power plant in Batangas......»»