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China, Singapore pursuing wind power project in Laguna

Energy & Mining Context.ph Context.ph -
China's leading wind turbine manufacturer Goldwind and Singapore-headquartered The Blue Circle (TBC) are to pursue the development of the 100.8-megawatt Kalayaan 2 wind project in Laguna.

Restore some NFA functions in RTL extension, DA urges Congress

Agriculture Context.ph Context.ph -
The Department of Agriculture on Monday urged Congress to restore the National Food Authority's function as a rice price stabilizer and increase its fund allocation for programs to enhance rice production and farmers’ incomes as lawmakers’ deliberate on measures seeking to extend the Rice Tariffication Law.

Meralco 1Q income up 11 percent; full-year income seen over P40 billion

Corporate Context.ph Context.ph -
The Manila Electric Co. (Meralco) on Monday reported an 11 percent increase in consolidated core net income over three months this year reaching P10.1 billion compared to only P9.05 billion last year.

DOTr urges LGUs quick adoption of mobility programs encouraging pedestrian power

Transport & Logistics Context.ph Context.ph -
The Department of Transportation (DOTr) is urging local government units (LGUs) to step up the adoption of mobility programs with the use of human power to get from one point to the next.

Gov’t budget shortfall narrows in March, widens in 1Q

Banking & Insurance Context.ph Context.ph -
The Bureau of the Treasury (BTr) on Monday reported a narrower budget deficit in March as higher tax collection and dividend remittances from government corporations overshadowed the increase in spending.
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Nine power gencos vie to supply Meralco 600 MW

Energy & Mining 0
At least nine power generation firms have signalled their interest in joining the competitive selection process to supply 600 megawatts of baseload power to the Manila Electric Company.

DOE sets December date for offshore wind auction; fuel supply levels updated

Energy & Mining 0
The Department of Energy announced Tuesday that the suspension of the fifth Green Energy Auction Program will end in September, with the actual bidding for up to 3,300 megawatts of offshore wind capacity targeted for December 1, 2026.

DOE: Inter-agency talks key to system loss charge removal 

Energy & Mining 0
The Department of Energy (DOE) says it will hold a series of meetings with other government bodies to carry out President Marcos’ order to scrap systems loss charges and their corresponding value added tax, a move meant to bring down electricity costs for all consumers.

GSIS eyes zero-interest HMO financing for gov’t workers, launches G-HEALTH program 

Banking & Insurance 0
The Government Service Insurance System (GSIS) has formally launched its G-HEALTH initiative, signing its first agreement with Maxicare Healthcare Corporation to support President Ferdinand R. Marcos Jr.’s goal of improving healthcare benefits for state employees.

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