Tag: Jollibee Foods Corp.

The Angat Dam’s water level remains below ideal marks even after heavy rains hit Luzon over the past week, the National Water Resources Board (NWRB) confirmed on Monday. Speaking at the Bagong Pilipinas public briefing, NWRB executive director Dr. Sevillo David Jr. noted the level rose slightly to 156.07 meters thanks to the southwest monsoon, but this is still the lowest reading recorded at the dam since 2010. He said the dam has yet to hit the 160-meter critical level, and ideally needs to reach the 180-meter minimum operating level, adding the agency is counting on more rainfall in Bulacan in the coming days to boost supplies. Angat Dam provides most of the raw water used by Metro Manila and nearby provinces, distributed by concessionaires Maynilad and Manila Water.

The Department of Energy (DOE) has confirmed that Koloma Inc. has begun formal surveys and studies to verify if commercially viable amounts of naturally occurring hydrogen exist in Pangasinan. Koloma holds Service Contract No. 84 covering a hydrogen resource area in the province, and also operates the adjacent Service Contract No. 83 that spans parts of Zambales.

President Ferdinand R. Marcos Jr.'s working visit to Singapore this week will put trade, investments and sustainability at the forefront of bilateral relations as the Philippines steps up efforts to attract higher-value capital and deepen economic ties with one of its biggest investment partners.

The Department of Energy (DOE) announced on Monday that gasoline prices per liter could either fall by as much as P1 or rise by up to P1 this week, while diesel and kerosene rates will definitely see increases. Diesel is expected to go up by P2.62 to P4.62 per liter, and kerosene by P2.22 to P4.22 per liter. Last week, gasoline could have dropped by up to P1.75 or increased by a maximum of P0.25, while diesel and kerosene were permitted rollbacks ranging from P1.57 to P3.57 and P1.70 to P3.70 respectively. As of today, only Seaoil has released its official price adjustments, taking effect at 6 a.m. on July 14: gasoline will rise by P1 per liter, diesel by P4.60, and kerosene by P2.30 across the board.