THE ENERGY Regulatory Commission (ERC) has cleared the extended implementation of a secondary price cap for the power traded on the Wholesale Electricity Spot Market (WESM) to further shelter consumers from supply-related price volatility.
THE GOVERNMENT will release some P6 billion for small irrigation projects nationwide by next week, the Presidential Assistant for Food Security and Agricultural Modernization (PAFSAM) said on Monday, adding that the specific projects to receive funding are yet to be determined.
THE MODIFICATION of time-honored principles and interpretations of legal provisions will certainly cause issues that cannot be fully resolved in a single case alone. It will take more than one case before the ambiguities and confusions caused by these changes are fully addressed.
THE 2014 INVESTMENT Priorities Plan (IPP) will be submitted next month to Malacañang for approval, with a Cabinet official noting that the proposed list will cull sectors that can avail of state perks.
THE ENERGY department aims to auction off a geothermal resource area in Davao del Sur next quarter, an official said yesterday.
THE DEPARTMENT of Budget and Management (DBM) has released nearly P5 billion to support the government’s greening program, part of its climate change mitigation and adaptation initiatives.
THE PHILIPPINES and Macau have signed a new air service agreement, adding 2,520 weekly seats to the current allocation.
IN A bid to ensure least-cost pricing, the Energy Regulatory Commission (ERC) wants all power distributors in the country to conduct competitive bidding before executing deals with suppliers, an official said yesterday.
BOTH public and private sector officials have again raised concerns about legal and policy barriers to investing in the power industry and meeting increasing demand.
NEW ZEALAND expects to bring in more trade missions, in the hopes of doubling its merchandise exports to the Philippines in 2025.