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Government

PH TO INCREASE TRADE, INVESTMENT TIES WITH FRANCE – LOPEZ

The French and Philippine governments concluded the 8th Philippines-France Joint Economic Commission (JEC) meeting in Manila, agreeing to come up with more exchanges to increase trade and investment ties as well as boost development cooperation. “The two nations have opened new inroads.”  In the latest JEC meet, the two nations have opened “new inroads” as […]

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Government

DUTERTE TO THAI BUSINESSMEN: INVEST IN NEW PHILIPPINE INDUSTRIAL DESTINATIONS

The Department of Trade and Industry (DTI) organized a courtesy call for 20 Thai executives with President Rodrigo Roa Duterte to encourage Thai investments in the Philippines. These executives are from the agro-industry, banking, cement, chemical, food, energy, real estate and tourism sectors. Some of them represent private sector organizations, namely the Thailand-Philippines Business Council, […]

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Government

NEA LAUNCHES MICRO-GRID ELECTRICITY PROJECT FOR ZAMBALES REMOTE AREAS

The National Electrification Administration (NEA) sees mini-grid systems as viable options to power remote communities across the country, particularly those located far away from the electricity grid. NEA Administrator Edgardo Masongsong made the statement at the inauguration ceremony of the “Brighten Up” project donated by the State Grid Corporation of China (SGCC) to the Zambales […]

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Government

MMDA TO RELOCATE COMMONWEALTH, C5 U-TURN SLOTS – GARCIA

An official of the Metropolitan Manila Development Authority (MMDA) announced the relocation of U-turn slots along Commonwealth Avenue in Quezon City and C5 Road in Parañaque City to give way to the construction of the Metro Rail Transit 7 (MRT-7) and the C5 Southlink Expressway project. In a press briefing at the MMDA main office […]

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Government

CAMIGUIN GETS RAVE REVIEWS FROM DIVE PHOTOGRAPHERS – DOT OFFICIAL

Keen on attracting the growing dive tourism market, the first-ever dive festival in the south was launched in Camiguin, the northern tip of Mindanao, indicating the province and the region’s readiness to accommodate divers. Bo Mancao, a Cebu-based international dive photographer, said “a couple more years” and the volcanic island could position itself as a […]

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Government

BFAR TO DISTRIBUTE 5,000 TRANSPONDERS TO COMMERCIAL FISHING VESSELS – GONGONA

The Department of Agriculture-Bureau of Fisheries and Aquatic Resources (DA-BFAR) will be distributing an initial 5,000 “transponders” or vessel monitoring measures (VMM) to commercial fishing vessels before the year ends. DA Undersecretary and BFAR national director Eduardo Gongona revealed the move on the sidelines of the “Kapihan sa Talakayan Tungo sa Malinis at Masaganang Karagatan” […]

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Government

GOVT SHOULD PUSH FOR PROGRAM TO ATTRACT INVESTORS IN E-VEHICLE INDUSTRY – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez said that for the Philippines to be a production hub of electric vehicle (EV) in the future, government should work on a special program that will attract investors in the different stages of the value chain in the EV industry. The special program can also boost […]

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Government

PREPARATIONS FOR NEA’S GOLDEN ANNIVERSARY ON TRACK

Preparations to mark the 50th founding anniversary of the National Electrification Administration (NEA) are well underway, with a series of activities and events for its stakeholders to commemorate the significant event.   Carrying the theme “NEA@50: One with ECs and MCOs for Sustainable Rural Development,” this year’s celebration will highlight the NEA and Electric Cooperatives’ […]

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Government

NEA GETS HIGHEST AUDIT RATING – COA

The Commission on Audit (COA) has declared the National Electrification Administration (NEA) as compliant with government transparency standards in its operations and financial management. According to the latest COA Independent Auditor’s Report (IAR), the NEA received an unmodifed opinion on the fairness of presentation of its financial statements as of December 31, 2018.  This means […]

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Government

NEA COMPLIANT WITH GOVT TRANSPARENCY STANDARDS IN OPERATION, FINANCIAL MANAGEMENT — COA

The Commission on Audit (COA) has declared the National Electrification Administration (NEA) as compliant with government transparency standards in its operations and financial management. According to the latest COA Independent Auditor’s Report (IAR), NEA received an unmodifed opinion on the fairness of presentation of its financial statements as of December 31, 2018.  This means that […]