4M power connections restored after typhoons
The Department of Energy (DOE) said Monday that electricity has been restored to around 4 million of the 4.8 million homes and businesses affected by Typhoons Tino and Uwan.
DA eyes new agri-food partnerships after World Food India 2025
The Department of Agriculture (DA) expects stronger agricultural and food industry ties after the Philippines took part in the World Food India 2025 event. On Monday, the agency said the participation could help the country expand its export markets and build new global partnerships.
Prime Infra seals ₱50B deal for control of First Gen’s natgas assets
Prime Infrastructure Capital Inc. (Prime Infra), led by tycoon Enrique Razon, has completed its ₱50-billion acquisition of a 60 percent stake in First Gen Corp.’s natural gas portfolio in Batangas City.
Recto moves to Palace’s top post; Frederick Go tapped as new Finance chief
The Department of Finance (DOF) begins the week with a leadership change as Malacañang on Monday announced the appointment of Frederick L. Go as the agency’s new secretary. Go steps in following the resignation of Finance Secretary Ralph Recto, who has been swiftly promoted to Executive Secretary.
PBBM accepts resignations of ES, Budget chief
President Ferdinand Marcos Jr. on Monday accepted the voluntary resignations of Executive Secretary Lucas Bersamin and Budget Secretary Amenah Pangandaman after their implication in a flood control anomaly, signaling a swift shake-up in Malacañang. Press Officer Claire Castro announced that Finance Secretary Ralph Recto will step in as Executive Secretary, while Budget Undersecretary Rolando Toledo has been named Officer-in-Charge of the Department of Budget and Management. To fill the vacuum at Finance, Presidential Adviser on Economic Affairs Frederick Go will take over Recto’s former post, marking a rapid realignment of the administration’s top economic managers.
