Day: February 11, 2025

Manila: The Department of Energy (DOE) on Tuesday reported that the country hit the highest installed capacity of renewable energy (RE) in 2024 at 794.34 megawatts (MW). According to Philippines News Agency, the installed RE capacity last year exceeded the aggregate capacity installation of 759.82 MW from 2021 to 2023. In 2021, installed RE capacity was at 230.10 MW, increasing to 328.18 MW in 2022 before slowing down to 201.54 MW in 2023. “The unprecedented growth in renewable energy capacity last year is a testament to the effectiveness of the government’s renewable energy policies and the unwavering commitment of the

Manila: The Land Transportation Office (LTO) has praised Angkas CEO George Royeca for taking responsibility and cooperating with its investigation into a road-blocking incident involving the ride-hailing firm’s riders in Cainta, Rizal. The incident, which involved a motorcade blocking an intersection against a red light, was caught on a viral dashcam video. According to Philippines News Agency, LTO Chief Assistant Secretary Vigor Mendoza II stated that a show cause order was issued to Royeca, who took full accountability for the incident. During the first hearing held at the LTO Central Office, Royeca was asked to submit relevant documents and provide

Manila: Investors continue to digest United States President Donald Trump’s new tariffs, influencing local shares’ downward movement during Tuesday’s trading while the Philippine peso nearly weakened. The Philippine Stock Exchange index (PSEi) fell below the 6,000 mark anew, declining by 0.82 percent to 5,987.75, with All Shares slipping by 0.28 percent to 3,607.03 points. According to Philippines News Agency, only the Financials counter closed in green territory, rising 1.26 percent to 2,243.30. All other indices finished in the red, with the biggest losses coming from the Property counter, down by 2.81 percent, followed by Services, down by 2.23 percent; Industrial,

Manila: The Philippines and Cambodia are set to enhance their collaboration in the tourism sector following the signing of a new agreement aimed at increasing joint promotions and marketing of tourist destinations. This development comes after Tourism Secretary Christina Frasco and Cambodian Minister of Tourism Huot Hak signed the Implementation Program for 2025-2028, which builds upon an existing memorandum of understanding on tourism cooperation between the two countries. According to Philippines News Agency, the Department of Tourism (DOT) has indicated that the agreement includes several key initiatives such as the exchange of tourism professionals, sharing of best practices in tourism

Tacloban City: The Philippine Army’s 802nd Infantry Brigade is upbeat that more active fighters of the New People’s Army (NPA) will surrender this month through their ‘Love Will Lead You Back’ campaign. According to Philippines News Agency, 802nd Infantry Brigade commander Brig. Gen. Noel Vestuir explained that the program aims to encourage NPA members from platoons in Leyte and Samar provinces to reunite with their families and loved ones during this month of love. This initiative, set against the backdrop of Valentine’s Day, seeks to remind insurgents that love and peace await them at home. The campaign features former rebels,