Hydrogen exploration has been attracting great interest around the world for energy (as clean fuel) as an innovation capable of meeting future energy demand with various applications in the power, transportation, commercial, and industrial sectors. For this reason, the Department of Energy has organized the Hydrogen Energy Industry Committee to oversee the implementation of a circular dated Jan. 12 or …
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By Rose de la Cruz Just when things looked bright for the Mindanao Railway Project during the Duterte administration, but turned sour with Chinese funding withdrawn, the project is currently being overhauled and reviewed by the Department of Transportation, this time to prioritize the development of a modern and environment-friendly rail system in the southern Philippines. The plan to put …
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Philippine climate activists marched to the U.S. Embassy on Monday to call on the leaders of the Group of 7 (G7) to deliver climate finance to developing countries in anticipation of the 50th G7 Summit on June 13. The march was conducted as part of a series of protests across South and Southeast Asia and led by the Asian Peoples’ …
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By Rose de la Cruz A landmark digital infrastructure is set to rise in Tarlac after the Bases Conversion and Development Authority (BCDA) signed an agreement with the provincial government to lease a 52-hectare land that would house a 300-megawatt hyperscale data center. The data center, which will occupy 47 hectares of land space, will be built by Narra Technology …
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By Rose de la Cruz From just P8.9 billion for the original cost of constructing the new Senate building at the Bonifacio Global City in Taguig, the current adjusted cost has leapt to P23 billion, which new Senate President Francis Escudero found atrocious and bad taste for the people. He suspended the construction over concerns of the cost that nearly …
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By Rose de la Cruz The closure of the 100-hectare sanitary landfill inside the New Clark City in Capas town would take place only in October, as such local governments have ample time to prepare and orient themselves to the new reality that the landfill they have grown used to would not be there after October. A new landfill has …
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By Rose de la Cruz The International Monetary Fund cut its growth forecast for the Philippines to 6 percent in 2024 (still within the government’s target of 6 to 7 percent) from its April forecast of 6.2 percent. “Growth is expected to rebound to 6% in 2024 and 6.2% in 2025, on the back of stronger consumption demand, higher public …
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In the wake of Mount Kanlaon’s eruption last June 3, the Government Service Insurance System (GSIS) is prepared to offer emergency loans to GSIS members and pensioners affected by the disaster, once the affected places are officially declared as calamity areas. Eligible members and pensioners with existing loans can borrow up to P40,000, allowing them to clear their current balance …
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By Rose de la Cruz Since unemployment rose to a three-month high in April to 2.04 million, up by 41,000 unemployed in March., National Statistician and Undersecretary Claire Dennis Mapa blamed this on the unemployment in the agriculture sector as a result of the El Nino phenomenon. The Philippine Statistics Authority said on Thursday the unemployment rate climbed to a …
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By Rose de la Cruz Sen. Sherwin T. Gatchalian advised the Marcos administration to look after the welfare of overseas Filipino workers (OFWs) based in Chinese territories like Macau, Hongkong and China amid the growing tension with Beijing in the West Philippine Sea. Gatchalian told a news briefing that the Marcos administration should also ensure that exports will not be …
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The Market Monitor Minding the Nation's Business