Sustainability

PH Congress increases Calamity Fund by P500M

The Philippine Congress has allocated an additional P500 million to the government’s Calamity Fund to bolster the country’s disaster preparedness and long-term climate resilience. In a recent announcement, Quezon City Rep. Marvin Rillo, a member of the House committee on appropriations, said, “In the 2025 General Appropriations Law, we earmarked P21 billion for the Calamity […]

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EVAP entices battery makers to invest in PH

The Electric Vehicle Association of the Philippines (EVAP) is urging global battery manufacturers to consider the Philippines as a prime destination for investment, citing the growing demand for electric vehicle (EV) batteries in Southeast Asia and the country’s strategic advantages in raw materials, infrastructure, and regulatory support. “With the rapid adoption of EVs in Southeast

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PH must support local production to keep up with Asean

As Southeast Asia sees substantial growth in its automotive manufacturing capabilities, countries like Thailand, Indonesia, Malaysia, and Vietnam are setting impressive production benchmarks. This rapid advancement raises concerns regarding the Philippines, which is striving to keep pace with its regional neighbors in local vehicle manufacturing, particularly amid recent encouraging production figures. In Thailand, a key

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P3 billion set to fight cancer

The Philippine Congress has increased the combined budget for the Cancer Control Program (CCP) and the Cancer Assistance Fund (CAF) to P3.01 billion as the national government intensifies its battle against the disease that kills 96 Filipinos every day. “We have earmarked P1.76 billion for the CCP and an additional P1.25 billion for the CAF

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An eco-friendly way to create gold nanocorals

Scientists from the University of the Philippines-Diliman College of Science (UPD-CS) have pioneered a simpler, faster, cheaper, and more eco-friendly method to fabricate gold nanocorals by using natural, low-cost acids in water at room temperature. Gold nanostructures have unique properties that depend on their shape. Branched structures resembling tiny corals, particularly gold nanocorals, have been

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P1-M maximum bank deposit insurance coverage ‘long overdue’

A Philippine representative has welcomed the decision of the state-run Philippine Deposit Insurance Corp (PDIC) to double the maximum deposit insurance coverage (MDIC) for bank depositors from P500,000 to P1 million, effective March 15. “The 100% increase in the MDIC to P1 million per depositor per bank is long overdue,” Makati City Rep. Luis Campos

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Auto body making group urges continuation of PUV modernization

Addressing the future of public transportation, the Automotive Body Manufacturing Association of the Philippines (Abmap), led by its executive director Edgar Manuel, has strongly urged for the continuation of the Public Utility Vehicle Modernization Program (PUVMP). This comes amid calls from groups to suspend the program. The PUV modernization program, which officially started in June

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Learn from Malaysia to boost PH auto parts industry

Malaysia’s automotive parts manufacturing industry has become a regional success story, contributing over $4 billion (P233 billion) annually to its economy and accounting for 30% of its total automotive output. With a well-defined policy framework and strong government support, Malaysia has transformed its auto parts sector into a vibrant and globally competitive industry. For the

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