Malaya plant sale is good news for PH energy outlook

Credit to Author: The Manila Times| Date: Wed, 12 May 2021 16:44:47 +0000

AFTER numerous failed attempts to attract a qualified buyer, the Power Sector Assets and Liabilities Management Corp. (Psalm) has finally managed to sell one of the bigger unproductive government assets under its control, the 650-megawatt (MW) Malaya thermal plant located in Pililla, Rizal. Not only does the sale of the plant help to resolve some […]

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Herd immunity plan needs contingencies

Credit to Author: The Manila Times| Date: Sat, 01 May 2021 16:15:05 +0000

Even before we could compose a reaction to the government’s timeline for achieving herd immunity, its plan fell apart. That was hardly surprising given the obvious flaws. Initially, the deadline was to inoculate 70 million Filipinos, equivalent to about 70 percent of the population, by yearend. Then came an announcement that the target date was […]

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Beyond MECQ: Seeking hopeful pathways

Credit to Author: Tempo Desk| Date: Mon, 12 Apr 2021 16:15:00 +0000

After two weeks of the strict­est lockdown phase, the National Capital Region Plus bubble has been placed under the less re­strictive Modified Enhanced Community Quarantine (MECQ). Also placed under MECQ were Abra province and Santiago City in Isabela. More than a year after the entire Luzon was placed un­der ECQ for the first time, has […]

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Abundance of caution: Vaccine safety key to public acceptance

Credit to Author: Tempo Desk| Date: Sun, 11 Apr 2021 16:43:09 +0000

THE Department of Health (DoH) announced last April 8 that it has “adopted the rec­ommendation of the Food and Drug Administration (FDA) to temporarily suspend the use of AstraZeneca vaccines for indi­viduals aged below 60-years-old, following recent reports of rare cases of blood clots with low platelets detected in some individuals inoculated with the vaccine.” […]

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‘Using our coconuts’: Revitalizing a major industry

Credit to Author: Tempo Desk| Date: Sun, 11 Apr 2021 03:48:46 +0000

THE recent enactment of Republic Act 11524, also known as the Coconut Famers and Industry Trust Fund Act (or Coco Levy Act), brings into sharp focus the significance of the coconut industry. “Can we call the coconut industry a sleeping giant?” inquired Agriculture Secretary William Dar in an essay he wrote in late 2019. His […]

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Araw ng Kagitingan: Salute to present-day heroes

Credit to Author: Tempo Desk| Date: Thu, 08 Apr 2021 16:15:00 +0000

ON April 6, 1961 or exactly 60 years ago this week, Congress passed Republic Act 3022 that was signed into law by President Carlos P. Garcia “proclaiming the ninth day of April as Bataan Day and declaring it as a legal holi­day.” The continuing observance of quarantine restrictions mutes anew this year’s observance. Yet the […]

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‘Murang Kuryente’: Compassion amid contagion

Credit to Author: Tempo Desk| Date: Thu, 08 Apr 2021 04:14:40 +0000

In a move that deserves public commendation, the Energy Regulatory Commission (ERC) barred the state-run Power Sector Assets and Liabilities Management Corporation (PSALM) from passing on to consumers new universal charges (UC) for stranded debts (SD) and stranded contract costs (SCC). The focal point of this decision are the beneficiaries of the Murang Kuryente Act […]

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Toward caring economics: Bridging the gender gap

Credit to Author: Tempo Desk| Date: Tue, 06 Apr 2021 16:05:00 +0000

The pervasive, long term harm brought on by the COVID-19 pandemic emerges with greater clarity more than a year after its onset. The inequality between men and women has widened, due to the disproportionate burden borne by women who have lost more jobs and have taken on the burden of childcare brought on by the […]

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Toward caring economics: Bridging the gender gap

Credit to Author: Tempo Desk| Date: Tue, 06 Apr 2021 16:05:00 +0000

The pervasive, long term harm brought on by the COVID-19 pandemic emerges with greater clarity more than a year after its onset. The inequality between men and women has widened, due to the disproportionate burden borne by women who have lost more jobs and have taken on the burden of childcare brought on by the […]

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FIST Act: Strong jab to boost banks’ muscle

Credit to Author: Tempo Desk| Date: Tue, 06 Apr 2021 08:07:20 +0000

WITH the promulgation last week of the implementing rules and regulations of the Financial Institutions Strategic Transfer (FIST) Act (Republic Act No. 11523), the government has delivered a solid jab into the financial muscle of banks as prime movers of business and industrial growth that has taken a nosedive in the wake of the COVID-19 […]

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