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Axelum plans P400 million capital spending to rebound in 2024

Axelum Resources Corp., the country’s leading fully-integrated manufacturer and exporter of premium coconut products, plans to spend up to P400 million to deploy additional capacity and upgrade its equipment and facilities this year.

DA says mackerel import ban to flush out erring importers, won’t undermine fish supply

Agriculture Secretary Francisco P. Tiu Laurel, Jr. on Thursday downplayed claims  the impending import ban against frozen round scad, bonito and mackerel would undermine production of canned fish, particularly mackerel.

NAIA Terminal 3 finally getting much-needed electrical systems upgrade

The Manila International Airport Authority (MIAA) has started essential power maintenance activities at Terminal 3 of the Ninoy Aquino International Airport (NAIA) lasting up to 28 May this year to replace outdated electrical components helping sustain last year's electrical systems upgrade.

Visitor arrivals up 18% in 1Q on influx of South Korean tourists

Overseas Filipino workers, who are included in the data sourced by the DOT from eTravel, accounted for 5.7 percent of arrivals, or a total 94,265, lower by 16 percent from the same period last year.

300 MW new capacity comes online in hot months up ahead

The Department of Energy (DOE) said as much as 300 megawatts worth of additional power is coming online during the summer months.

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Nine power gencos vie to supply Meralco 600 MW

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

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 

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 

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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