Tag: Department of Energy

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LNG import terminal projects completion remain on track

Energy & Mining Context.ph Context.ph -
The development of two liquified natural gas (LNG) import terminals are seen completed this year as scheduled, according to the Department of Energy (DOE).

DOE greenlights Philodrill stake hike in Galoc oil field 

Energy & Mining Context.ph Context.ph -
The Department of Energy  (DOE) on Tuesday approved Philodrill Corporation’s increased participation in the Galoc oil block under government service contract (GSC) 14C1. Philodrill hiked its...
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Emperador rejoins FTSE index as Small Cap

Corporate 0
Emperador Inc., the listed liquor company of tycoon Andrew Tan,  is re-entering the FTSE Global Equity Index Series as a Small Cap constituent, giving the Philippine-listed spirits company renewed exposure to global institutional investors.

DOF says RPVARA delay will not mean tax hikes 

Property 0
The Department of Finance (DOF) has assured property owners and housing developers that the deferred rollout of the Real Property Valuation and Assessment Reform Act (RPVARA) will not automatically lead to higher property taxes, giving local governments more time to prepare for the overhaul.

Government puts P1B into AI flood forecasting 

Environment 0
The government is investing P1 billion to upgrade the Nationwide Operational Assessment of Hazards, better known as Project NOAH, its artificial intelligence-powered flood forecasting and hazard monitoring initiative, aiming to give authorities more time to respond to disasters and reduce damage to lives, livelihoods, and public infrastructure.

Mindanao targeted as next engine of Philippine growth

Economy 0
The government is positioning Mindanao as a major growth hub for the Philippines’ next wave of investment, targeting future industries such as clean energy, advanced manufacturing, digital infrastructure, agribusiness, and logistics.

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