PHILIPPINE STAR/MICHAEL VARCAS THE Department of Transportation (DoTr) said the Public-Private Partnership (PPP) Center is now evaluating the proposal it received for the privatization of the EDSA busway system. “There is a proposal. It is being evaluated by the Public-Private Partnership Center. Then after that we will work with the […]
Philippine renewable share lags 30% global average
WORLDBANK.ORG THE PHILIPPINES generated 22% of its power from renewables in 2023, lagging the global average of 30%, according to think tank Ember. “The Philippines has not seen a similar expansion in solar and wind, reaching a share of just 3.2% in 2023,” Ember said in a statement on Thursday. […]
Campaign launched to address skills mismatch, low job quality
Applicants look at job postings at a job fair in Manila. — PHILIPPINE STAR/EDD GUMBAN A PRIVATE sector-led and government-supported national campaign was launched on Thursday to help create quality jobs and address jobs and skills mismatches following the success of a previous job creation program. “This is the next […]
Foreign chambers call for swift passage of Konektadong Pinoy bill
REUTERS THE Joint Foreign Chambers of the Philippines (JFC) on Thursday called for the passage of the Konektadong Pinoy bill to help bridge the digital divide and strengthen the Philippines’ internet infrastructure. The JFC, citing a World Bank study, said that only 33% of Filipino households have access to fixed […]
NCR wholesale building materials price growth slows further in April
A worker cuts metal in a construction area in Binondo, Manila on March 24, 2022. — PHILIPPINE STAR/RUSSELL PALMA PRICE GROWTH of bulk construction materials in the National Capital Region (NCR) eased further in April, the Philippine Statistics Authority (PSA) reported on Thursday. Citing preliminary data, the PSA said growth […]
NEA, Maharlika in talks to upgrade Mindoro power facilities
PHILSTAR THE National Electrification Administration (NEA) said Maharlika Investment Corp. (MIC) has requested its participation in planning and evaluating the Mindoro Island Loop ahead of its upgrade or rehabilitation. In a statement, the NEA said that it met with MIC on Tuesday to discuss future plans aimed at improving the […]
Rice imports hit 1.6 million MT in early May
BW FILE PHOTO THE PHILIPPINES imported 1.6 million metric tons (MT) of rice as of early May, the Bureau of Plant Industry (BPI) reported. April shipments fell 19.5% year on year to 416,026 MT. The US Department of Agriculture (USDA) projects Philippine rice imports of 3.9 million MT this year, […]
Philippines says China wields audio recording to sow domestic division
PHILIPPINE COAST GUARD FILE PHOTO By Kyle Aristophere T. Atienza Reporter and Kenneth Christiane L. Basilio THE PHILIPPINES said on Thursday that China’s threat to release recording of an alleged deal with Manila over Second Thomas Shoal is aimed at sowing discord among its agencies and the Filipino nation. Manila also […]
CIC files raps against PEATC interim chief
CAVITEX Infrastructure Corp. (CIC) filed charges against the interim chief of the Public Estates Authority Tollways Corporation (PEATC) before the Ombudsman, citing offenses such as perjury, usurpation, slander, and graft. The CIC, a unit of Pangilinan-led Metro Pacific Tollways Corp., filed the criminal charges on Wednesday against PEATC Officer-in-Charge Dioscoro […]
Local advertisers wary of impact of economic ‘Cha-cha’ on industry
PHILSTAR FILE PHOTO PHILIPPINE advertising agencies and groups said on Thursday that the attempt to fully liberalize their sector through Charter change (“Cha-cha”) and open it to full foreign ownership could lead to market consolidation, potentially displacing local players and resulting in a loss of connection with Filipino audiences. Focus […]