December, 2024

• 23 December

  BSP and DOE convene key players of the Green Energy Auction Program

  

  The Bangko Sentral ng Pilipinas (BSP) and the Department of Energy (DOE) led the “Roundtable Discussion on Unlocking Financing for the Green Energy Auction Program (GEAP)” on 12 December 2024 at the BSP Head Office in Manila. The event gathered policymakers, financial institutions, and energy industry players to explore market reforms and innovative financing instruments for renewable energy (RE) development. …

  Read More »
• 23 December

  PEZA bullish on 2025 investment

  

  By Jinky Jorgio THE Philippine Economic Zone Authority (PEZA) expects to end 2024 with approved investments of around P215 billion, the highest in seven years. PEZA is also aiming for a nine to 10 percent increase in investment approvals next year, following the approval of the  CREATE MORE  and a new free trade agreement (FTA) with South Korea. PEZA director …

  Read More »
• 23 December

  PAGCOR to lease Nayong Pilipino property

  

  THE  Philippine Amusement and Gaming Corporation (PAGCOR) has entered into a 25-year lease agreement with SMC Infrastructure, a subsidiary of Ramon S. Ang-led San Miguel Corp., for the 15-hectare Nayong Pilipino property. The agreement, finalized last December 12, marks a significant step toward enhancing infrastructure and government operations. As part of the deal, 13 hectares of the property will be …

  Read More »
• 23 December

  NEDA approves P63.2-B projects under PH-SK free trade deal

  

  The National Economic and Development Authority (NEDA) Board approved two projects worth P63.2 billion last week, as well as the release of an executive order (EO) that will implement the tariff commitments under the Philippines-South Korea free trade deal. The EO will cover Manila’s tariff commitments under the Philippines-South Korea Free Trade Agreement (FTA), which was sealed in September last …

  Read More »
• 23 December

  Zamboanga City gets new school building from SM

  

  THE Sta. Barbara Central School in Zamboanga City is the newest recipient of a new school building from SM Foundation.  The pilot school of a special program of DepEd, the Madrassah Educational Program gets a two-storey, four-classroom building which will house among others the ALIVE Program (Arabic Language and Islamic Values Education) of DepEd. There are 3,000 enrollees in Sta. …

  Read More »
• 23 December

  Carousell Property Awards 2024: Celebrating Excellence in Philippine Real Estate

  

  Carousell, the popular multi-category classifieds, and ecommerce marketplace, proudly announced the winners of the 2024 Carousell Property Awards, an annual celebration honoring the trailblazers and innovators shaping Philippine real estate.  Now on its fourth year, the awards celebrate developers, projects, and agencies across four categories: Development Awards, Developer Awards, Brokerage Firms Awards, and Special Awards. “The Carousell Property Awards represent …

  Read More »
• 23 December

  U.S. Peace Corps hosts workshop on Marine Protection in Puerto Galera

  

  THE United States Peace Corps, in collaboration with the U.S. Agency for International Development (USAID), hosted its second workshop on Marine Protected Area (MPA) management in Puerto Galera, Oriental Mindoro from Decembr 2-6.  The event brought together 23 Peace Corps Volunteers, 47 local government partners, and 12 fisherfolk leaders from 24 communities across the Philippines to learn new strategies on …

  Read More »
• 22 December

  PBBM witnesses contract signing of big-ticket transport agreements

  

  President Ferdinand Marcos Jr. witnessed the signing of seven key transport agreements expected to improve the country’s transportation system. The agreements for the New Cebu International Container Port (NCICP), Cebu Bus Rapid Transit (Cebu BRT), modernization of Bohol-Panglao International Airport, as well as agreements for the New Dumaguete and New Siargao airports were signed in the presence of Pres. Marcos …

  Read More »
• 22 December

  Livelihood kits distributed to EDSA Greenways project-affected residents

  

  The Department of Transportation (DOTr) distributed livelihood packages to residents in Malibay, Pasay City, who will be affected by the EDSA Greenways project. In coordination with the Department of Labor and Employment (DOLE) and City Government of Pasay, the livelihood package assistance is intended to support income augmentation for the recipients during their relocation and throughout the project’s construction phase. …

  Read More »
• 22 December

  PRI empowering next generation of railway professionals

  

  The Department of Transportation (DOTr) joined the celebration of the Philippine Railways Institute (PRI)’s 5th founding anniversary with the theme: ‘High 5 PRI: Railway Ascending thru Innovation and Learning’. Transportation Secretary Jaime J. Bautista lauded PRI’s hard work and dedication to develop training programs and materials, and further conducting research and development for the upgrade of the railways sector. “I …

  Read More »