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DOE reiterates support for sustained decommissioning of coal-fired power plants

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 signs 3 new grant contracts under the GGP scheme

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.

Programs seen reducing road accident deaths by 35%

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. 

Laurel reworks rice import system with a mandatory bond

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.

DOE all set for greater investor participation in green energy

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.

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Toyota expands Asia role via regional training

Toyota Motor Philippines Corp. (TMP) is taking on a broader role in Toyota’s Asian operations as the automaker taps its Philippine unit to train technical instructors from affiliates across the region.

ACEN closes 10% stake sale in India solar project

ACEN Corp., the renewable energy arm of the Ayala...

JTI targets wider exports with ₱1.9-B Batangas plant

JT International (JTI) is positioning its P1.9-billion Dry Ice Expanded Tobacco (DIET) plant in Batangas to support potential production growth and broaden the Philippines’ export reach, as the country strengthens its role as the tobacco giant’s manufacturing hub for Asia.

DHSUD eyes unsold condos to expand 4PH housing

The Department of Human Settlements and Urban Development (DHSUD) is preparing a new housing financing scheme that would tap unsold condominium units for the Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, giving private developers another channel to clear inventory while widening affordable housing options in Metro Manila.

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