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National Unity Party (NUP) president LRay Villafuerte sees the development of green power—particularly of wind, solar and other variable renewable energy (VRE) sources—as a new magnet for investments, more so now when the Marcos administration has put on the fast track the country’s transition from fossil fuel to clean and sustainable energy. “VRE development promises […]
Senators Alan Peter and Pia Cayetano are working together to establish the Virology Institute of the Philippines (VIP), an agency that will focus on virology research and vaccine development. The sibling senators pushed for this legislative initiative through Senate Bill No. 2893 under Committee Report No. 196, which aims to create the VIP in response […]
With only three session days before Christmas break, the Senate approved on third and final reading several measures which aim to improve the country’s prospect as an investment destination, spur economic growth, and create jobs. Also passed were local bills aimed at protecting the country’s seascapes and landscapes nationwide. The Senate adjourns session on December […]
Senator Migz Zubiri has lauded the Philippines’ rise to the second spot in BloombergNEF Climatescope’s 2024 rankings for “the most attractive emerging markets for renewable energy investment,” a glaring proof of the nation’s growing commitment to renewable energy. “This is a fantastic development built on our whole-of-government approach towards increased usage of renewable energy, led […]
Senator Alan Peter Cayetano stressed the need for a regulatory framework for nuclear energy as he pushed for a bill to establish the Philippine Atomic Energy Regulatory Authority (PhilATOM). The proposed measure aims to enhance the safety, security, and peaceful utilization of nuclear energy in the country. Senate Bill No. 2899 seeks to institutionalize PhilATOM […]
“The Department of Trade and Industry (DTI) is proud to participate in the exploratory discussions on a potential Free Trade Agreement (FTA) between the Philippines and Canada,” said DTI Secretary Cristina Roque at the Team Canada Trade Mission Gala Reception recently. At a time when the two nations are celebrating 75 years of diplomatic relations, […]
The Reciprocal Access Agreement (RAA) between the Philippines and Japan has received the approval of the Committee on Foreign Relations, chaired by Senator Imee Marcos, upon the motion of Senator Migz Zubiri. The agreement is set to not only bolster defense and security programs of the country but also revolutionize disaster management collaboration between the […]
Senator Loren Legarda has welcomed the enactment of a measure that designates every August 1 as the “Araw ng Paglalathala at Pagtatanyag ng Kasarinlan ng Pilipinas”, otherwise known as “The Bacoor Assembly of 1898 Act”. Legarda, the principal sponsor and co-author of Republic Act No. 12073, emphasized that the significance of August 1, 1898, extends […]
The Philippines has emerged as the fastest-growing internet economy in Southeast Asia, based on the recent report by Google, Temasek, and Bain & Company. The 9th edition of the Google e-Conomy SEA Report showed a 20% growth of the overall digital economy based on Gross Merchandise Value, surging from $26 billion to $31 billion in 2024. […]
Senate Minority Leader Koko Pimentel III called on President Ferdinand Marcos Jr. to rethink his stance on the International Criminal Court (ICC) and consider rejoining the international body. Pimentel made this appeal before members of the diplomatic community during a foreign policy address at the Department of Foreign Affairs recently. For the former Senate President, […]