Bank loans accelerate 7 percent in November
The various banks extended loans 7.4 percent higher in November last year aggregating P11.1 trillion, the Bangko Sentral ng Pilipinas (BSP) said, citing preliminary data.
GEM destinations served notice to address environmental issues or face rehab
At the meeting convened only last week, the DENR sought the participation of local chief executives from the five GEM sites to highlight the urgency of the matter. The five GEMS include the prime tourist destinations of El Nido and Coron in Palawan; Panglao in Bohol; Puerto Galera in Oriental Mindoro; and Siargao Island in Surigao del Norte.
PSE supports Recto as new DOF Secretary
The Philippine Stock Exchange said it supports the appointment of former Senator Ralph G. Recto secretary of the Department of Finance.
DOE commits to better bid conditions in succeeding MGSP-CSP exercises
The Department of Energy (DOE) on Sunday committed to address bidder issues citing the lack of time for proponents to submit competent bids as micro-grid service providers under the competitive selection process (MGSP-CSP) program.
ERC proposes returning constituent fines, penalties as consumer refunds instead
The Energy Regulatory Commission (ERC) has proposed redirecting its collection of fines and penalties from errant constituents into a refund scheme that benefits electricity consumers instead.
