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.
Improved national infrastructure and enabling policies, supported by digital banking, can help speed up access to financing for micro, small and medium enterprises (MSMEs), Maya Bank president Angelo Madrid said at the Money20/20 Philippines Summit.
The Department of Agriculture (DA) is stepping up efforts to boost exports of other high-value food crops by replicating the strategies that helped revive the country’s banana industry, which posted strong export growth last year.
Calbayog Airport in Samar is now ready to handle jet aircraft, a development expected to improve domestic air travel and help lower airfare, the Department of Transportation (DOTr) said.
Eastern Communications has partnered with Shangri-La Mactan, Cebu, to provide the resort with high-speed internet and advanced ICT solutions. The telecom company will deliver 1,000 Mbps through its Internet Direct Service (IDS), a dedicated connection designed for large enterprises, ensuring reliable and stable connectivity for both guests and resort operations.