IFC Provides $70 Million for Shared Mobile Infrastructure Project in Philippines
The International Finance Corporation (IFC) announced that it is providing $70 million to fund a shared mobile infrastructure project in the Philippines.
Deloitte Philippines strengthens practice with new Partners and dedicated climate & sustainability team
Deloitte Philippines is proud to welcome four new partners to its Audit & Assurance practice, and a new partner and a director to its Risk Advisory practice. Claire Orille, Jenny Menes, Lloyd Moraño, and Sonny Lalunio have between them a combined 70+ years of experience auditing organizations from a wide range of industries.
PXP Energy plans to resume exploration at West Philippine Sea
PXP Energy Corporation, an upstream petroleum company chaired by business tycoon Manuel V. Pangilinan, will be renewing its coordination with the government on its plan to resume oil and gas exploration activities within offshore Palawan basin — including that of the diplomatically-saddled Recto Bank. The company said it is targeting to re-commence seismic survey as […]
PH, SoKor discuss nuclear cooperation
SEOUL – Philippine Ambassador to South Korea Ma. Theresa Dizon-De Vega met with Korea Hydro and Nuclear Power Co. Ltd (KHNP) executives last July 19 to discuss future Philippines-Republic of Korea (ROK) cooperation on nuclear technology and renewable energy.
France keen to help PH develop nuclear energy
MANILA – The French government is keen to help the Philippines develop its nuclear power program as the Marcos administration looks for other reliable sources of energy. French Ambassador Michèle Boccoz said the embassy has met with some of the Cabinet members and nuclear power was listed among the key areas Paris and Manila could cooperate […]
Abra earthquake caused power interruptions in several areas —DOE
The magnitude 7 earthquake that jolted Abra caused power outages in several areas in Northern Luzon, the Department of Energy (DOE) said Wednesday. In its situation report, the DOE said that all power generation plants are on normal operation, except for the Hedcor hydroelectric power plants, namely the Ferdinand L. Singit and Sabangan facilities, which […]
Time to re-examine nuclear plants strategy —Marcos
President Ferdinand “Bongbong” Marcos Jr. again expressed his desire to adopt nuclear energy as part of the country’s power mix, but said the government’s strategy has to be rethought.
Steady power supply assured during Bongbong Marcos’ Sona
MANILA, Philippines — The National Grid Corporation of the Philippines (NGCP) on Monday assured reliable power transmission services during President Ferdinand Marcos Jr’s first State of the Nation Address (Sona).