PetroWind’s Nabas wind farm starts transmitting power to Panay sub-grid
PetroWind Energy Inc., the renewable energy company of the Yuchengco Group, said Friday its Nabas wind power project in Aklan has started to export power from its Phase-2 expansion following requisite approvals from the Independent Energy Market Operator of the Philippines and the National Grid Corp. of the Philippines.
DA says mackerel import ban to flush out erring importers, won’t undermine fish supply
Agriculture Secretary Francisco P. Tiu Laurel, Jr. on Thursday downplayed claims the impending import ban against frozen round scad, bonito and mackerel would undermine production of canned fish, particularly mackerel.
First Holdings earnings get boost from real estate, power generation units
The First Philippine Holdings Corp., the investment company of the Lopez Group, said Friday net income last year rose 19 percent to P15.1 billion on stronger results from its power generation and real estate businesses.
DBCC downgrades growth target for 2024, 2025; inflation, FX targets stay
The Development Budget Coordination Committee lowered the country's growth or gross domestic product (GDP) to a target ranging this year from 6 percent to 7 percent range from the previous 6.5 percent to 7.5 percent while that for 2025 was narrowed to 6.5 percent from 7.5 percent from 6.5 percent from 8.0 percent.
Fish canning operator apprehension over fish supply not supported by VAT sales numbers – Tiu Laurel
FAO 195 prohibits the entry of imported fish into domestic wet markets without a certificate of necessity to import.
