The Department of Energy (DOE) on Wednesday reiterated its support to replace coal-fired power plants with renewable energy generators and lauded ACEN Corp. for voluntarily retiring its 246-megawatt South Luzon coal-fired power plant.
Japan Ambassador to the Philippines Koshikawa Kazuhiko signed three grant contracts under Grant Assistance for Grass-Roots Human Security Projects (GGP) at the Japan Information and Culture Center Hall, Embassy of Japan in Pasay City. The total grant amount of USD 237,390 (approximately P13.27 million) will fund the construction of a one-story four-classroom high school building, provision of an ambulance, and provision of a portable chest X-ray machine.
The Department of Transportation (DOTr) targets to reduce road accident deaths in the Philippines by 35 percent by 2028 through implementation of various programs under the Philippine Road Safety Action Plan.
Agriculture Secretary Francisco Laurel Jr. has overhauled the process by which rice stocks are fortified to ensure uninterrupted supply, saying henceforth rice importers post a mandatory bond equal to 10 percent of any shipment.
The Department of Energy (DOE) is sanguine that geography and reputation will help drive investments in the energy sector, more so now when the Philippines ranked high in the BloombergNEF Climate 2023 report as among the most attractive emerging markets for investments in the power sector.
Property giant Megaworld Corp. is expanding its office platform with the launch of a new leasing group, a move aimed at reinforcing its position as the Philippines’ largest office developer while advancing its goal of building a 2-million-square-meter leasable office portfolio.
Visa has partnered with GCash and makes it easier and safer to send money from abroad directly to GCash wallets in the Philippines. Through Visa Direct, individuals and businesses worldwide can now transfer funds straight to GCash, benefiting more than 90 million users with faster and more convenient access to overseas money.
NLEX Corp. said construction of Section 1A of the NLEX–C5 Northlink Segment 8.2 is 50 percent complete, marking steady progress toward finishing the full 11.3-kilometer road linking Mindanao Avenue and C5/C.P. Garcia.
The Department of Trade and Industry is lining up tax relief and automation incentives to keep Philippine garment exporters competitive as costs rise and regional rivals move faster.