Senate urged to act swiftly on bill to develop natural gas
The Philippine Star|April 30, 2024
The Senate should take swift action on a proposed legislation that would lay down state policy for the full development of the Philippine natural gas industry as the measure is a legislative priority of President Marcos, according to key members of the House of Representatives.

Albay Rep. Joey Sarte Salceda, principal author of House Bill 8456 or the proposed Philippine Downstream Natural Gas Industry (PDNGI) Development Act, said the bill’s passage was needed as natural gas produces 32 to 40 percent less emission than coal when used for power generation.

“It is a LEDAC and SONA priority, so I hope the Senate acts on it and we enact it before the midterms,” said Salceda, also chairman of the House committee on ways and means.

“The base version of the Senate bill under deliberation is the House version, so more or less I expect no major differences once it gets out of committee and plenary. It could help the transition away from coal as we wait for renewables to become cheaper and more dependable as baseload.”

However, the lawmaker stressed that legislation was needed to put in place a “full value chain with proper infrastructure.”

Bu hikaye The Philippine Star dergisinin April 30, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

Bu hikaye The Philippine Star dergisinin April 30, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

THE PHILIPPINE STAR DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
The Philippine Star

Strong core businesses underpin GT Capital Q1 performance

Conglomerate GT Capital Holdings Inc. delivered higher earnings in the first quarter, bolstered by the strong performances of its core businesses.

time-read
2 dak  |
May 17, 2024
The Philippine Star

Positive foreign, local news buoy stocks

The stock market bounced back on positive cues abroad coupled with expectations on earlier interest rate cuts.

time-read
1 min  |
May 17, 2024
BSP keeps rates on hold as expected
The Philippine Star

BSP keeps rates on hold as expected

The Bangko Sentral ng Pilipinas (BSP) hit the pause button for the fifth straight policy meeting as it kept the benchmark interest rates steady yesterday, but it may start cutting borrowing costs as early as August if a sustained downtrend in inflation becomes fully evident.

time-read
2 dak  |
May 17, 2024
LOPSIDED DUEL OR MAY MAYHEM?
The Philippine Star

LOPSIDED DUEL OR MAY MAYHEM?

Moments after Rain or Shine followed defending champion San Miguel Beer to the PBA Philippine Cup semis, coach Yeng Guiao immediately turned on the mental game.

time-read
2 dak  |
May 17, 2024
US: Gaza Strip pier project completed
The Philippine Star

US: Gaza Strip pier project completed

The US military finished installing a floating pier for the Gaza Strip yesterday, with officials poised to begin ferrying badly needed humanitarian aid into the enclave besieged over seven months of intense fighting in the Israel-Hamas war.

time-read
1 min  |
May 17, 2024
Xi rolls out red carpet for Putin
The Philippine Star

Xi rolls out red carpet for Putin

BEIJING (AFP) - Leaders Xi Jinping and Vladimir Putin framed their nations' ties as a stabilizing force in a chaotic world as they met yesterday in Beijing, where the Russian president is seeking greater Chinese support for his war effort in Ukraine and isolated economy.

time-read
1 min  |
May 17, 2024
The Philippine Star

Missing beauty pageant bet: Raps vs ex-cop junked

The charges filed against a former police major and a driver tagged in the disappearance of beauty pageant candidate Catherine Camilon have been dismissed.

time-read
1 min  |
May 17, 2024
The Philippine Star

NCR wage board sets pay hike consultations

The Regional Tripartite Wages and Productivity Board (RTWPB) in the National Capital (NCR) has set public consultations for the next round of pay hikes.

time-read
1 min  |
May 17, 2024
The Philippine Star

Solve vote-buying problem first, Comelec told

Instead of granting the Commission on Elections additional powers that could regulate candidates' use of social media, the Comelec should focus on addressing the perennial problem of vote-buying first, Lanao del Norte Rep. Khalid Dimaporo said Wednesday.

time-read
1 min  |
May 17, 2024
The Philippine Star

NFA to import rice only as last recourse – DA -

Allowing the National Food Authority to import rice is a last option for the government, an official of the Department of Agriculture (DA) said yesterday amid opposition from farmers' groups to return the NFA's power to source the staple outside the country.

time-read
2 dak  |
May 17, 2024