The Cybercrime Investigation and Coordinating Center (CICC) and the Philippine National Oil Co. (PNOC) have signed a memorandum of agreement to explore the use of hybrid solar and wind energy systems for sustainable power in underserved and unserved areas across the Philippines.
The Institute for Climate and Sustainable Cities (ICSC) has handed over a 60 kilowatt-peak (kWp) on-grid hybrid photovoltaic system to the municipality of Guiuan, Eastern Samar.
Raslag Corp., a Pampanga-based renewable energy corporation listed on the stock exchange, said Monday its board approved several contracts for the development of its fourth solar farm, the 35.2-megaWatt-peak Raslag 4.
Vivant COREnergy Inc. and its partner, JEG Development Corp. (JDC), has launched a 37-kilowatt peak rooftop solar installation that powers the daytime energy demand of the 22-storey JEG Tower at One Acacia in Cebu City.
AppleOne Medical Group is expanding its hospital network across the Visayas and Mindanao to improve access to quality healthcare, especially in underserved areas.
The Philippine Stock Exchange index (PSEi) could finish the year at around 7,100 points, supported by solid corporate earnings and improving economic conditions, according to Philstocks Financials Inc. If reached, this level would signal renewed confidence in the stock market after recent volatility and reflect better prospects for listed companies.
The House of Representatives’ justice committee on Wednesday, February 4, junked two impeachment complaints against President Ferdinand Marcos Jr., saying the petitions failed to sufficiently establish impeachable offenses. The dismissal effectively grants Marcos a one-year immunity from impeachment, as the Constitution allows only one proceeding against an official per year. The complaints, separately endorsed by Pusong Pinoy Rep. Jett Nisay and the Makabayan bloc, faulted the President for flood control failures and budgetary problems. The Makabayan-backed petition went further, alleging systemic corruption through a “BBM parametric formula,” abuse of unprogrammed funds, and Marcos’ alleged direct role in kickbacks.
Japan and the Philippines have agreed in principle to replace their existing tax treaty, marking the first major update to the agreement in nearly 20 years.