DAP was urgent response to urgent problem — DBM chief

MANILA -– Department of Budget and Management (DBM) Secretary Florencio Abad on Thursday explained that the Disbursement Acceleration Program (DAP) was created to spur economic activities...

Gov’t assures no electricity rate hike with presidential emergency powers

MANILA — Malacanang on Thursday assured the consumers that electricity rates in the country will not go up when the government addresses the power situation from...

LTFRB issues traffic advisory on Iglesia ni Cristo’s centennial event

MANILA — The Land Transportation Franchising and Regulatory Board (LTFRB) has advised all trucks-for-hire to avoid certain roads in Bulacan province due to expected heavy traffic...

Invoking Section 71 of EPIRA can avert possible supply crisis in 2015 — DOE

MANILA — The Department of Energy (DOE) on Thursday said that invoking Section 71 of the Electric Power Industry Reform Act of 2001 (EPIRA-2001) will curb...

PHL optimistic of hitting target tourist arrivals for 2015

MANILA — The government is optimistic about achieving or even exceeding its target of 59.9 million tourist arrivals next year on the back of trademark Filipino...

Palace confident of luring more investments into PHL

MANILA — Malacanang has expressed confidence that foreign investments will continue to flow into the country, encouraged by the growing economy. Presidential Communications Operations Office (PCOO)...

President orders DOE to review power demand and supply for next year

MANILA — President Benigno S. Aquino III has instructed the Department of Energy (DOE) to review the projected demand and supply of electricity in Luzon for...

President Aquino remains committed to carrying out reforms, says official

MANILA — The Palace on Thursday assured that despite the controversy surrounding the Disbursement Acceleration Program (DAP), President Benigno S. Aquino III is determined to uplift...

Six more power plants to come in the weekend

(SONA) President Aquino remains on the right track, PCCI chief says

MANILA — President Benigno Aquino III remains on the right track of his goal of “matuwid na daan,” the Philippine Chamber of Commerce and Industry (PCCI)...