Consumer group CitizenWatch has hailed the orders of the Energy Regulatory Commission (ERC) that will cause electricity prices to go down for June, July and August, but called for vigilance on pending applications seeking to increase the fees charged on the monthly bill.
There has been concern over recent pronouncements that the government was moving away from PPPs in this massive infrastructure push--something that officials are clarifying. Hybrid PPPs, they said, will be the new preferred scheme.
The Department of Transportation (DOTr) will lead Monday (June 26) the Station Marking of five stations of the Japanese-funded Manila-Clark Railway Project, the line that will connect Manila to Central Luzon.
Thailand-based, global hospitality company Dusit International through its local affiliate, has signed a hotel management agreement, with leading real estate company Robinsons Land Corporation (RLC) to operate the Dusit Thani Resort Mactan Cebu Resort, a five-star resort on Mactan Island.
Nine out of 10 Filipino individual taxpayers will enjoy a 20-percent boost in their purchasing power once the personal income tax cuts approved by the House last month are enacted, Buhay Rep. Lito Atienza said Sunday.
The Department of Energy is preparing for the scheduled maintenance shutdown of the Malampaya natural gas platform on July 15 and 16, and September 23 and 24, while assuring the public there will be enough supply.
Clients of Bank of the Philippine Islands who said their accounts grew by billions of pesos during the recent technical glitch at the financial institution were making false claims, bank officials told the Senate Wednesday.
The Department of Transportation (DOTr) officially launched Monday (June 19) the Public Utility Vehicle (PUV) Modernization Program which seeks to provide safe, comfortable and environmentally sustainable mode of public transport to commuters.
In the latest issue of The Market Call, investment bank First Metro Investment Corp. (FMIC) and the University of Asia & the Pacific (UAP) said “a very strong” projected growth for the second half could offset the weakness in the first semester.
Philippine economic managers have revised upwards the government’s 2017 borrowing program, and National Treasurer Rosalia de Leon said this was in line with the 3 percent ceiling earlier set by the administration.