The Philippines has secured approval for a USD 60-million Threshold Program grant from the U.S. Millennium Challenge Corporation (MCC) to support energy security and governance reforms aimed at improving the country’s electricity...
In an attempt to ease the effect of the power crisis, the Department of Agriculture (DA) shares that the government is looking to build solar-powered cold storage facilities in Occidental Mindoro. In...
The Philippine Government wants to adopt new working hours and allow employees to work from home on Fridays to conserve energy costs, Finance Secretary Benjamin Diokno said. Adopting work hours from 7...
The Philippine government is set to fast-track the transition toward clean energy through the development of renewable energy projects to help mitigate climate change. During a meeting with the Group of Twenty...
House Minority leader and ACT Teachers Representative Rep. France Castro will be refiling a bill in the 19th Congress to remove value-added tax (VAT) on electricity prices as it is ”one of...
Finance Secretary Carlos Dominguez III debunked the claims that there is double taxation in the value-added tax (VAT) on power rates. The statement comes after outgoing Energy Regulatory Commission (ERC) chairperson Agnex...
The Philippines is looking forward to future initiatives that would help accelerate the first from coal to sustainable energy sources under the Association of Southeast Asian Nations Plus Three (ASEAN +3) cooperation,...
With a historical price increase in oil products last Tuesday, consumers can expect a “massive” rollback next week due to a drop in global crude oil prices, the Department of Energy (DOE)...
The House Committee on Energy has approved a bill amending Republic Act 8479 or the Oil Deregulation Law as local pump prices continue to rise. The committee has particularly proposed some key...
The Department of Finance (DOF) is looking at a Php20.3 billion “war chest” that the national government could use for fuel subsidies to critical sectors, including public utility vehicles, farmers, and fishermen,...
