Retailers see data insights offsetting cost of digitization

THE HEAD of the retailers’ association said companies need to digitize to gain insight into their customers and operations like inventory management, which will generate cost savings that will more than offset the cost of adopting new technology.

Mindanao power co-ops need support to expand, stabilize services

ELECTRIC COOPERATIVES (ECs) in Mindanao need more support to serve more households and address the continued rotating brownouts in parts of the southern islands despite an average 1,000-megawatt (MW) surplus on the grid, according to the Mindanao Development Authority (MinDA).

Inequality in education seen worsening during pandemic

THE prolonged ban on face-to-face learning during the pandemic could worsen the learning gap in the Philippines, highlighting the need to reform the education system, according to a book released by the Asian Development Bank (ADB).

DENR, USAID planning biodiversity, water conservation projects

THE Department of Environment and Natural Resources (DENR) said over the weekend that it has partnered with the United States Agency for International Development (USAID) to implement P1.97 billion worth of projects that aim to protect biodiversity and improve access to water.

NEA reminds power co-ops to ensure power supply to vaccine facilities

THE National Electrification Administration (NEA) has ordered electric cooperatives (ECs) to ensure continuous power supply for coronavirus disease 2019 (COVID-19) vaccine cold storage facilities and administration sites.

Corporate Banking Circa 2030: 7 hypotheses

By Christian G. Lauron
Previously, we discussed how banks can leverage ecosystems to organize integrated networks and how they can expand services beyond banking to help clients focus on their core activities.

ERC sets modified feed in tariff rates for ROR hydro and biomass

THE ENERGY Regulatory Commission (ERC) has set the modified feed-in-tariff (FiT 2) rates of run-of-river (ROR) hydro and biomass projects at P5.8705 per kilowatt-hour...

DoE fails to sell 18 geothermal and hydro projects in competitive bidding

THE THIRD ROUND of the Department of Energy's (DoE) open and competitive selection process (OCSP3) was unsuccessful as firms did not bid for 18...

Senators file resolution to address PCA registration concerns

SENATORS have filed a resolution to ensure coconut farmers would benefit from coco levy funds and assets with two weeks left for them to...

Power spot market prices double in May as warm weather sets in

THE AVERAGE power price on the wholesale electricity spot market (WESM) more than doubled this month to average P7.72 per kilowatt hour (kWh) from P3.85 in April, following a surge in demand and supply disruptions, the Independent Electricity Market Operator of the Philippines (IEMOP) said Thursday.

BSP wary of inflation impact of oil prices

THE Bangko Sentral ng Pilipinas (BSP) said it is monitoring the markets for any possible second-round effects resulting from rising oil prices, particularly their impact on inflation, though it called such an eventuality unlikely in the near term.

Fisheries output down 0.8% in first quarter, PSA says

FISHERIES PRODUCTION fell 0.8% year on year to 978,618 metric tons (MT) in the first quarter after reduced output from commercial and municipal fisheries, the Philippine Statistics Authority (PSA) said.