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GSIS reports P1.92T assets, dismisses mismanagement claims

The Government Service Insurance System (GSIS) has issued a statement defending the integrity of its governance and the performance of its leadership, reaffirming its core fiduciary duty to deliver value and security to its 1.7 million members.

Prime Infra subsidiaries win LLDA awards for community development work

Subsidiaries of Prime Infra, Ahunan Power, Inc. and Olympia Violago Water and Power Inc. (OVWPI), were honored with the Bantayog Para sa Kabuhayan Awards by the Laguna Lake Development Authority (LLDA) for their community development initiatives in the Laguna de Bay region.

NFA pilots 1-ton palay storage pilot

The National Food Authority (NFA) launched a pilot test of a 1-tonner palay bagging system in select warehouses nationwide, aiming to reduce storage costs, improve grain preservation, and increase warehousing capacity by up to 30 percent.

DPWH undersecretary resigns amid contractor link allegations

Public Works Secretary Vince Dizon confirmed Friday the irrevocable resignation of undersecretary Arrey Perez following allegations linking him to contractors involved in flood control projects.

Vibes Asian Championship set for Manila debut at YGG Play Summit

One of Asia’s most anticipated trading card game (TCG) tournaments, the Vibes Asian Championship, is heading to Manila this November as part of the YGG Play Summit.

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DOE, French firm push hydrogen power in PH

The Department of Energy (DOE) and French firm Hydrogène de France Energy are optimistic about using hydrogen for cleaner energy generation in the Philippines.

House impeaches VP Duterte anew

Vice President Sara Duterte was impeached anew by the House of Representatives on Monday, after 255 lawmakers endorsed the complaint resolution that will be transmitted to the Senate for trial. The total was more than double the minimum requirement of 106 votes and 40 higher than the 215 votes that backed a largely similar complaint last year, which was later stopped by the Supreme Court from proceeding to a Senate trial. During Monday’s vote, 26 lawmakers voted against the impeachment resolution, while nine abstained. Duterte was impeached over allegations of unexplained wealth, betrayal of public trust, graft, and misuse of confidential funds. The vote came shortly after a change in leadership in the Senate.

ACEN Australia unit reaches financial close for solar project

ACEN Corp. said its Australian subsidiary, Yindjibarndi Energy Corp. (YEC), has secured financial close for the Jinbi solar project in the Pilbara region, allowing construction to begin.

 Seven nations join Luzon Corridor Infrastructure push

The Luzon Economic Corridor (LEC), the Philippines’ flagship trilateral infrastructure initiative with the US and Japan, is gaining momentum with seven new international partners, signaling growing global confidence in the country’s role as an Indo-Pacific investment hub.
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