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Government

MSMEs ARE LARGE CONTRIBUTORS TO OUR ECONOMY – GO

Special Assistant to the President Bong Go highlighted the important role of micro, small and medium enterprises (MSMEs) as key drivers of inclusive economic growth in the country during the Davao leg of Go Negosyo’s Mentor Me on Wheels (MMOW). The presidential assistant joined Go Negosyo Founder and Presidential Adviser on Entrepreneurship Joey Concepcion at […]

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Government

STRENGTHEN INDUSTRY, REMOVE VULNERABILITIES OF MEDIA WORKERS – EGCO

Presidential Task Force on Media Security (PTFoMS) Executive Director Joel Sy Egco said addressing the security issues of the media must involve improving their living conditions without resorting to either “regulation” or “accreditation”, which, he stressed, are both “wrong.” Undersecretary Sy Egco cited the need to strengthen the industry and remove the vulnerabilities that media […]

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Government

NEA EXTENDS P1.294-B WORTH OF LOANS TO 46 POWER COOPS IN FIRST SEMESTER – MASONGSONG

The financial assistance extended by the National Electrification Administration (NEA) to different electric cooperatives (ECs) has reached P1.294 billion from January to June this year, 23 percent higher compared to the P1.050 billion registered in the same period a year earlier. “At least 46 of the 121 ECs supervised by the state-run agency have availed […]

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Government

INFRASTRUCTURE AND PEACE AMONG DUTERTE’S PRIORITIES IN MINDANAO – GO

President Rodrigo Duterte has identified infrastructure and peace as among the top priorities in the government’s Mindanao development agenda, a Palace official said. Special Assistant to the President Bong Go bared this in a recent speech in Compostela Valley, noting that problems hounding Mindanao are no longer at the bottom of the government’s priority list. […]

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Government

DENR TO COME OUT WITH POLICY REINVENTING THE MINING SECTOR – CIMATU

In line with President Rodrigo Duterte’s warning to mining companies to shape up, the Department of Environment and Natural Resources (DENR) will soon come up with a policy reinventing the mining sector. “We will be coming out with the proposed policy reinventing mining that will spread the benefits to the people without compromising the environment […]

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Government

ELECTRIC COOP LEADERS LAUD HOUSE FUNDING ASSURANCE FOR NEW POWER LAW

Leaders of the two most influential groups in the electric cooperative (EC) sector reiterated the “absolute need and indispensability” of assured government funding for the recently-signed law providing financial support for ECs in times of calamities and disasters. President Rodrigo Duterte signed last June 29 Republic Act 11039 which mandates the creation of an Electric […]

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Government

ELECTRIC COOPS APPEAL FOR FAIRNESS – DE JESUS

One of the largest groups of electric cooperatives (ECs) in the country has joined the growing number of power sector stakeholders that have hit the Department of Energy’s (DOE) new procurement rules, questioning the arbitrariness of the guidelines in the awarding of various energy projects and their impact on current participants. The Philippine Rural Electric […]

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Government

EMERGENCY AND RESILIENCY FUND FOR ELECTRIC COOPERATIVES NOW A LAW – MASONGSONG

State-run National Electrification Administration (NEA) welcomed the signing into law of the bill establishing an emergency and resiliency fund for electric cooperatives (ECs). On June 29, President Rodrigo Duterte signed into law Republic Act 11039, also known as the “Electric Cooperatives Emergency and Resiliency Fund Act.” The new law provides the ECs access to financial […]

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Government

NEW LAW ON POWER COOP FUNDING A BIG BOOST TO RURAL DEVELOPMENT – COOP LEADERS

Two of the most influential groups in the electric cooperative sector (EC) hailed the signing of a law providing support to electric cooperatives adversely affected by calamities, with both expressing optimism that the new measure will further accelerate rural electrification as well as boost important grassroots initiatives in the countryside. President Rodrigo Duterte signed on […]

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Government

INSTITUTIONAL, FINANCIAL AND TECHNICAL ASSISTANCE FROM NEA IMPROVES EC SECTOR PERFORMANCE – MASONGSONG

State-run National Electrification Administration (NEA) has released the results of the thorough assessment of the overall performance of the 121 electric cooperatives (EC) under its supervision. The 2017 EC Overall Performance Assessment showed an increase in the number of power distribution utilities that are fully compliant with the key performance standards (KPS) of the NEA. […]