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The country’s largest steel producer, SteelAsia Manufacturing Corp., is partnering with Chinese firms Hebei Iron and Steel (HBIS) Group and Huili Investment Fund Management Co., Ltd. to build an integrated steel complex in Mindanao. The three companies signed a memorandum of understanding (MOU) for the construction of a $4.4 billion Philippine Iron and Steel Project […]
The Department of Tourism (DOT) praised newly-crowned Miss Universe Catriona Gray for “raising the Philippine flag” and reintroducing the country and its people before the world through her wit and action. “A passionate advocate of Philippine tourism and a partner of the DOT in and out of the Miss Universe stage, Miss Gray has raised […]
The Philippines sees the need for more international climate action that will better protect the 6 million-square kilometer Coral Triangle, which marine experts have cited as a center of marine biodiversity on Earth. Philippine Environment Secretary Roy Cimatu raised the urgency for elevating such need before the international community, noting climate change is already adversely […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez and Puyat Steel Corporation chairman Edgardo Reyes are looking to expand the country’s steel manufacturing base as a way to answer the country’s growing demand for steel products and reduce the trade deficit through import substitution. During the meeting with DTI, Reyes reported that Puyat Steel […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez discussed the potential of the Philippines as a production hub and exporter of vehicles in the ASEAN region with Mitsubishi Motors Corporation (MMC) Chief Executive Officer Osamu Masuko. DTI has requested MMC to start producing car models for export as the agency is promoting an export […]
Two island villages of Lipata and Tulay-Buhangin in the laidback and 4th class town of Padre Burgos, Quezon province are now energized, after electricity was brought by way of submarine cables. Padre Burgos Mayor Roger Panganiban said local officials, townsfolk and villagers were happy with the completion of the local electrification project after being stuck […]
The Department of Environment and Natural Resources (DENR) is targeting to raise, as soon as possible, the survival rate of tree seedlings planted under its National Greening Program (NGP), which is the biggest reforestation bid by the government so far. Such target aims to help fast-track the expansion of the country’s forest cover, which DENR […]
State-run National Electrification Administration (NEA) has already achieved its target of 460,000 new electricity consumer connections for this year. Latest figures released by the NEA Information Technology and Communication Services Department (ITCSD) show new consumer connections reached 460,954 as of October 2018. This means that the 460,000 corporate target for the whole year has already […]
Environment Secretary Roy Cimatu has welcomed the move by the Senate to approve the spending plan of the Department of Environment and Natural Resources (DENR) for 2019. Cimatu said the approval of the DENR’s 2019 budget amounting to P24.17 billion would allow the agency to deliver on the priority programs and projects geared towards the […]
The Department of Tourism (DOT) has partnered with the Department of Transportation (DOTr) to develop at least 85 airports across the country to promote tourism growth. “We are talking about developing our airports so that we have more capacity to receive flights from other destinations and accommodate more tourists to the country,” Tourism Undersecretary Arturo […]