How well does the Philippines balance energy needs with environmental sustainability?

Source BusinessWorld

The Department of Budget and Management (DBM) may consider slashing the budget allocations for government agencies with low utilization rates...

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The Bangko Sentral ng Pilipinas (BSP) policy rate will likely peak at 5.75 percent by the middle of next year on account of above-target inflation, Fitch Solutions said on Monday...

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The Board of Investments (BOI) is confident that it can surpass last year’s investment approvals after it gave its nod to P644.4 billion worth of projects as of November 15...

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The tightening cycle of the Bangko Sentral ng Pilipinas (BSP) may extend up to next year as inflation remained above the government’s two to four percent target, according to Fitch Solutions Country Risk & Industry Research...

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The government may have lost over half a billion pesos in tariff collections due to Executive Order 171 which reduced tariffs on imports of various commodities, according to the Federation of Free Farmers (FFF)...

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The United States and the Philippines are set to launch negotiations on a civil nuclear energy agreement, US Vice-President Kamala Harris said on Monday...

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With an overwhelming 252 votes, the House of Representatives on Monday approved on third and final reading a bill providing for enhanced protection, security and benefits for workers in the media industry...

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“Culturally, our values may conflict with the many values that they want to impose on us… We are not ready for that. Culturally, we are not ready for that”...

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The House Committee on Basic Education and Culture has approved a bill that seeks to create a special high school for the arts in the Summer Capital...

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A proposed ordinance prohibiting people from going out topless or naked from the waist up has been approved by the Sangguniang Panlungsod (SP) on second reading last week...

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A lawmaker has called on the country’s vape industry to be more diligent in paying taxes as only P7 million was collected from vape products in 2021...

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The Chinese coast guard forcibly seized floating debris the Philippine navy was towing to its island in another confrontation in the disputed South China Sea, a Philippine military commander said Monday. The debris appeared to be from a Chinese rocket launch....

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The United States (US) wants to help the Philippines further improve its digital economy by launching a satellite broadband service and providing digital opportunities to small businesses...

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The United States has an "unwavering" commitment to the Philippines, US Vice President Kamala Harris said Monday during her meeting with President Ferdinand Marcos Jr. in Malacañang...

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The United States plans to construct a geothermal power plant in Mindanao to provide consumers clean energy and cheaper electricity...

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The United States will donate $5 million or about P286 million to boost the coronavirus disease 2019 (COVID-19) vaccination campaign in the Philippines, according to the White House...

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The House of Representatives on Monday adopted a resolution that would effectively boost the cooperation between the Philippines and Vietnam through the establishment of the Philippine-Vietnam Parliamentarians’ Friendship Society...

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The Philippine government has invited a United Nations special rapporteur on extrajudicial killings to visit the country for a special dialogue and capacity building on human rights and disasters under the UN Joint Programme (UNJP)...

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The World Health Organization said on Monday it was thrashing out a new list of priority pathogens that risk sparking pandemics or outbreaks and should be kept under close observation...

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A shallow 5.6-magnitude earthquake killed at least 56 people and injured hundreds when it damaged buildings and triggered landslides on Indonesia's main island of Java on Monday, officials said...

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The United States is reinforcing defense infrastructure in the Middle East at a time of tension with Iran, which likely abandoned a plan to attack Saudi Arabia due to security ties, a US official said on Sunday...

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The recent release of thousands of prisoners in Myanmar is likely an attempt by its military-controlled government to "create a veneer of progress" in the Southeast Asian country to sway international opinion, a United Nations expert said on Monday...

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A deadly volcanic eruption near Tonga in January was the largest ever recorded with modern equipment, a New Zealand-led team of scientists revealed on Monday...

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A global wildlife summit in Panama will decide whether to take measures to protect the translucent glass frog and 12 types of freshwater turtles in its final week, which kicked off on Monday...

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The Philippines is now a candidate in an international study that aims to estimate the actual cost for countries to transition to renewable energy by 2050, according to the Department Environment and Natural Resources (DENR)...

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The Department of Health (DOH) is mounting another round of National Vaccination Days to encourage more people nationwide to get their booster shots against COVID-19...

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The government is ready to spend more on top of the P5.02-trillion budget allocation for the year as the country secures more revenue with economic reopening, effectively shrinking the budget gap...

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Negotiations on a civil nuclear cooperation agreement have begun that could lead to future sales of US nuclear reactors to the Philippines, the White House said Monday...

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Douglas Emhoff, the husband of United States Vice President Kamala Harris, on Monday announced $5 million in funding to accelerate the rollout of Covid-19 vaccines in the Philippines...

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The erstwhile aide of former President Rodrigo Duterte on Monday supported calls for the government to make public the details of the nondisclosure agreements (NDAs) that the Duterte administration had entered into with suppliers of COVID-19 vaccines...

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President Marcos’ recent string of trips abroad is an attempt at “rehabilitating and repackaging” his family’s name in front of the international community...

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The Philippines has rejected outright the recommendation of the United Nations Human Rights Council (UNHRC) to legalize same-sex marriage, as well as to allow abortion and divorce...

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The Philippines has invited a special rapporteur on extrajudicial, summary, and arbitrary executions as part of its capacity building under the United Nations Joint Programme (UNJP), Justice Secretary Jesus Crispin Remulla said on Monday...

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Migrant Workers Secretary Susan Ople has warned overseas Filipino workers (OFWs) from falling prey to fraudulent “middlemen” offering to facilitate the payment of their unpaid claims in exchange for a “commission.”...

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Pro-poor policies that are being touted to achieve a middle-class society may be insufficient as the Philippine middle class has significantly expanded and their needs are different from those of the lowest income class, according to local economists...

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Nearly half of Filipinos now prefer to receive money transfers through digital platforms, according to a study conducted by Western Union Co...

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The Central Bank is likely to continue its tightening cycle to tame inflation in the coming months, but it may deliver less aggressive rate hikes as the peso stabilizes against the dollar, Fitch Solutions Country Risk & Industry Research said...

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Philippine banks sustained their positive momentum in the third quarter as asset quality and loan growth stayed resilient despite macroeconomic challenges, CreditSights said on Monday...

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The Federation of Free Farmers (FFF) is urging President Marcos to reject the proposal of economic managers to extend low tariffs on imported rice until next year as it is seen non-beneficial to the country with rice exporting countries cutting shipments and raising tariffs...

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The Philippines saw higher rice inventory but registered lower corn stocks as of September, the Philippine Statistics Authority (PSA) said...

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Department of Budget and Management (DBM) Secretary Amenah Pangandaman on Monday stressed the need for Philippines prioritize digitalization across all sectors, industries, as well as branches and processes in the goverment...

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Trade Secretary Alfredo Pascual on Monday underscored the role of biotechnology in helping solve the country's food security issues amid the growing population and climate change challenges...

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Metro Pacific Tollways Corp. (MPTC) has spent an additional 15 percent on building the 44.57-kilometer Cavite-Laguna Expressway (Calax) due to delays in civil works and increase in construction material prices...

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Pump prices are down today as oil firms implement a minimal rollback for gasoline and a hefty one for both diesel and kerosene...

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The Philippine Hotel Owners Association (PHOA) said on Monday that inflation will be a challenge for the industry, which hopes to keep rates affordable and raise the value proposition of its offerings to retain customers...

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With mills in Negros running in full swing and the arrival of 150,000 metric tons of imported sugar, markets are now awash with the sweetener, Sugar Regulatory Board (SRA) member and Planters' Representative Pablo Luis Azcona said on Monday...

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