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The Bangko Sentral ng Pilipinas (BSP) is exploring options on what to do with its six-hectare Security Plant Complex (SPC), currently valued at P8 billion, in Quezon City once it has relocated its printing facility in New Clark City in Capas, Tarlac. “We’re keeping our options open,” said BSP Gov
Published May 21, 2021, 11:40 AM A waste-to-energy consortium is investing $200 million for its state of the art waste-to-energy (WTE) project in Clark. In a statement, of Metro Clark Waste Management Corp (MCWM) and Plambeck-Emirates Global Renewable Energy LLC said the project will pave the way for waste-to-energy technology that aims to address shortage in waste problem capacity in the Philippines. The project is a 50/50 joint venture between MCWM and Plambeck-Emirates Global Renewable Energy LLC, a partnership between a German technology firm and the Royal Family of Abu Dhabi. The con...
BAGUIO CITY, May 5 (PIA) - - In line with its intensified response actions against the Coro
April 4, 2021 | 8:16 pm Font Size PHILSTAR SUBSIDIES GRANTED to government-owned and -controlled corporations (GOCCs) fell 27.7% from a year earlier in February to P7.581 billion, the Bureau of the Treasury reported. The National Irrigation Administration received 65.9% of the total with P4.994 billion, down 15% from a year earlier. The Bases Conversion Development Authority received P720 million, the Small Business Corp. P300 million and the Philippine Heart Center P296 million. Other top recipients were the National Kidney Transplant Institute (P213 million), Philippine Children’...
March 7, 2021 | 7:49 pm Font Size PHILSTAR SUBSIDIES PROVIDED to government-owned and -controlled corporations (GOCCs) rose 14.34% in 2020 to P230.418 billion, with close to half going to the Philippine Health Insurance Corp. (PhilHealth) and the Social Security System (SSS), which implemented a wage subsidy program designed to keep workers employed during the pandemic. The subsidy totals were released by the Bureau of the Treasury over the weekend. The overall subsidies exceeded the reduced P191-billion budget for the year by 53%. In December, subsidies rose 68% to P42.561 billion. ...