Storm Kristine causes P6.20B in agriculture damage; Caramoan microgrid proves resilient
Initial estimates of the damage caused by Severe Tropical Storm (STS) Kristine to the agriculture sector has risen to P6.20 billion, reflecting a 7.8 percent increase from the previous assessment of P5.75 billion, according to the latest data released by the Department of Agriculture (DA) on November 4.
ICTSI reports 31% surge in net income over nine months
The International Container Terminal Services, Inc. (ICTSI) on Tuesday announced a robust 31 percent increase in net income for the first nine months of 2024, reaching $632.58 million, up from $484.54 million during the same period last year.
Ex-Gov Singson building factory for affordable EVs
Former Ilocos Sur Governor Luis “Chavit" Singson has partnered with South Korean investors to develop a manufacturing facility on a two-hectare property in Bataan that will produce electric vehicles (EVs) for the country’s public transport sector.
Over 2,000 barangays identified as prone to landslides and floods amid TS Marce threat
The Mines and Geosciences Bureau (MGB) has identified at least 2,123 barangays across the Philippines as susceptible to landslides and flooding as consequence of tropical storm (TS) Marce.
WESM rates surge 13% in October amid rising demand
The Independent Electricity Market Operator of the Philippines (IEMOP) on Tuesday reported a notable increase in the price of electricity in the Wholesale Electricity Spot Market (WESM) for October, with rates rising 13.1 percent compared to September.
