New appointments to the Cabinet of President-elect Ferdinand Marcos, Jr. were announced. They are: former Senator Juan Ponce Enrile as presidential legal counsel; outgoing Justice Secretary Menardo Guevarra as solicitor general; and former Armed Forces of the Philippines chief of staff Gen. Jose Faustino Jr. as officer-in-charge of the Department of National Defense. Enrile, 98, who was instrumental to the …
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June, 2022
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20 June
IEMOP seeks DOE review on WESM operations and governance policies
By Jesse C. Ong The Independent Electricity Market Operator of the Philippines, Inc. (IEMOP) is seeking a thorough review by the Department of Energy (DOE) of the Wholesale Electricity Spot Market (WESM) operations and management policies to end all speculations of graft and mismanagement by its detractors. IEMOP President & CEO Atty. Richard J. Nethercott yesterday said that it is …
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20 June
Agriculture sector still sluggish – PSA
“The agriculture sector made the smallest contribution to the country’s economic growth compared to other industries, according to the Philip- pine Statistics Authority (PSA). PSA said agriculture, forestry and fishing’s (AFF) contribution to the country’s gross domestic product in 2021 was equivalent to a share of 9.6% against 10.2% a year ago. This compares poorly to the 60.5% share and …
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20 June
P20/kilo rice achievable in long-term
President-elect Ferdinand “Bongbong” Marcos Jr.’s campaign promise to lower the price of rice to P20 per kilo is “not possible” in the near-term, according to incoming Agrarian Reform Secretary Conrado Estrella III. “I don’t think it is [possible] in the very near future; it’s not possible. But you know how technology is,” he added, hinting that rice selling at P20 …
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20 June
WHO urges governments to address mental health issues
The World Health Organization (WHO) called on all nations to invest more in addressing mental health issues, saying “the suffering is enormous” aggravated by the COVID pandemic. Before the pandemic, almost a billion people were living with a mental disorder, the UN agency said in its “World Mental Health Report”, the largest review of global mental health over the last …
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20 June
Economic managers urge for revival of mining industry
The economic team of outgoing President Rodrigo Duterte recommended the revival of the mining industry to generate jobs and develop host communities where mines are located. The National Economic and Development Authority, the Department of Environment and Natural Resources (DENR), the Department of Finance and the Development Academy of the Philippines recently released a joint report that said their initial …
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20 June
Quality of life worsened for 34% of Filipinos – SWS
Three out of every 10 Filipino adults or 34% said their quality of life got worse during the last 12 months, according to a survey by the Social Weather Station. The survey conducted from April 19 to 27 with 1,440 respondents showed that 34% of Filipinos believe their quality of life became worse (classified by SWS as “losers”) compared to …
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20 June
PAGCOR inaugurates 2-storey evacuation facilities in Aurora and Quezon Province
Residents of Dingalan, Aurora now have a typhoon-resilient evacuation facility to turn to in times of calamities, following the inauguration of the municipality’s P50 million worth Multi-Purpose Evacuation Center (MPEC) on June 16, 2022. The two-storey structure was funded by the Philippine Amusement and Gaming Corporation (PAGCOR). Dingalan’s picturesque mountains, scenic beaches and pristine waterfalls make it a go-to haven …
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20 June
DOST-TAPI lauds LANDBANK support to Filipino investors
LANDBANK Assistant Vice President Generoso S. David (center) receives the Plaque of Appreciation from DOST-TAPI Director Atty. Marion Ivy D. Decena (left) and Chief Science Research Specialist and Division Chief Romeo Javate (right) for the Bank’s contribution to science and technology development in the country. The Department of Science and Technology–Technology Application and Promotion Institute (DOST-TAPI) conferred a plaque of …
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20 June
TecPlata to operate new service with Port of Montevideo
TecPlata S.A., Interntational Container Terminal Service s, Inc.’s business unit in Argentina, has entered into an agreement with Vessel S.A., one of Uruguay’s major feeder operators, for the operation of a new weekly service between the La Plata Port and the Port of Montevideo in Uruguay. The service, which will link TecPlata with Montevideo port operators Montecon and Terminal Cuenca …
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