SMPC sets record coal sales in 2023 at 15.8M tons on strong exports
Semirara Mining and Power Corp., a listed integrated energy company, said Friday it achieved a record-breaking coal sales volume of 15.8 million metric tons in 2023, a 6 percent increase from the previous year on the back of strong export.
LTFRB rejects minimum fare claims rising as high as P50
The Land Transportation and Franchising Regulatory Board (LTFRB) on Thursday ruled out fare hikes as high as P50 following the prompt implementation of the Public Utility Vehicle Modernization Program (PUVMP).
Unofficial estimates project power consumption rising more than 6% this year
Power consumption across the Philippines is seen rising 6.6 percent this year and requires the production of between 600 to 700 megawatts of new electricity, according to estimates by Aboitiz Power Corp.
Congress calls on the DOTr to review the jeepney modernization program
House Speaker Ferdinand Martin G. Romualdez on Thursday urged the Department of Transportation (DOTr) to extend the implementation period of the Public Utility Vehicle Modernization Program (PUVMP) and review it in full even as he called on the House transportation committee to look into reports of alleged corrupt practices in its conceptualization and eventual implementation.
DA reports 9% fewer rice imports of only 3.48M in 2023
Some 3.48 million metric tons (MT) of rice were imported from overseas suppliers as of 28 December 2023, according to the Bureau of Plant Industry’s National Plant Quarantine Services Division.
