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The House of Representatives has ratified the proposed “Murang Kuryente” Act which seeks to reduce electricity rates by allocating the net government share from the Malampaya fund to clear the huge debts of the National Power Corporation (Napocor) being charged to the monthly electric bill of consumers. Under the consolidated version of House Bill 8869 […]
The House of Representatives has approved on third reading House Bill No. 8147 (Energy Virtual One-Stop-Shop Bill) or the EVOSS bill. “The Philippines, under the administration of President Rodrigo Roa Duterte, aims to become a high middle income economy by 2022,” Rep. Lord Allan Velasco said. “The expected increase in economic activity entails an increase […]