ERC OKs P376 billion revenue for NGCPThis, however, is below the NGCP’s proposed annual revenue requirement (ARR) of roughly P442.6 billion under its fifth regulatory period (5RP) rate reset. MANILA, Philippines — The Energy Regulatory Commission (ERC) has permitted the National Grid Corp. of the Philippines (NGCP) to collect about P376.4 billion in revenues from 2023 to 2027. This, however, is below the NGCP’s proposed annual revenue requirement (ARR) of roughly P442.6 billion under its fifth regulatory period (5RP) rate reset. For 2023, the ERC has directed the grid operator to implement a maximum allowable revenue (MAR) of about P63.4 billion starting Aug. 1, 2023. Under the 5RP, NGCP’s MAR is also set at P69.1 billion for 2024, P74.3 billion for 2025, P81 billion for 2026 and P88.5 billion for 2027.

February 08, 2026 16:32 UTC

Lacson warns vs ‘homegrown traitors’ amid West Philippine Sea disputeMANILA, Philippines — Senate President Pro Tempore Panfilo Lacson yesterday raised the possibility of homegrown traitors operating within the Philippine government, warning that foreign powers often utilize “recruitment in place” to infiltrate rival nations and shape local narratives. The senator issued the statement when asked if Filipino officials and social media personalities echoing Beijing’s propaganda on the West Philippine Sea could be considered traitors. Lacson described these individuals as vulnerable targets who are willing to sell out their country for personal gain. Lacson warned that failing to challenge Chinese incursions near Pag-asa would be tantamount to allowing an invasion of inhabited Philippine territory. 1625, or the “West Philippine Sea (WPS) Education Act,” citing a widespread lack of knowledge about the country’s maritime rights.

February 08, 2026 16:32 UTC

DA feed system eyes higher corn, livestock outputFile photo shows a woman drying corn by the side of the road in Buenavista, Agusan del Norte on June 18, 2024. MANILA, Philippines — The Department of Agriculture (DA) is rolling out a new village-based feed ecosystem with an aim to boost corn and livestock production in the country. This ecosystem would help in cutting feed costs and strengthening rural incomes through cooperative-led agribusiness. “This is about fixing the weakest link in livestock production – feeds – by putting control back in the hands of farmers,” Tiu Laurel said. “These cooperatives will operate mechanized, community-managed feed systems covering crop production, postharvest handling, feed milling, storage, and distribution – effectively creating localized, closed-loop feed supply chains,” the agency said.

February 08, 2026 16:32 UTC

A majority of justice committee members noted the utilization of mostly news articles, particularly on the De Jesus complaint, which they believed failed to plead facts sufficient to warrant a full impeachment hearing. They also noticed the complainants relied largely on speculation, policy disagreements and unsubstantiated claims rather than any direct or indirect act by the Chief Executive where he can be held directly liable for committing an impeachable offense. Lawmakers warned against lowering the constitutional threshold by relying on hearsay and unverified claims. The justice committee report is expected to be submitted to the House plenary soon, where the 318 lawmakers will decide the fate of the Marcos impeachment. If 107 House members (one-third of the House) vote to reverse the justice committee report, the Marcos impeachment case will be sent to the Senate for trial.

February 08, 2026 16:32 UTC

Government earmarks P2.5 billion for indigent cancer patientsMANILA, Philippines — In line with National Cancer Awareness Month, the national government has earmarked a total of P2.5 billion this year to help cancer-stricken indigent patients cope with the disease. Libanan explained that out of the P2.5 billion, about P1.5 billion will be set aside for the Cancer Assistance Fund (CAF) and P1 billion under the Cancer Control Program (CCP) of the Department of Health (DOH). “Both the CAF and the CCP are lifelines for cancer patients fighting for survival. “Cancer patients need continuous care, pain management, and dignity throughout treatment,” Libanan added. “No Filipino should have to delay cancer treatment because of cost.

February 08, 2026 16:32 UTC

Countdown to CNY: New Year prospects for people born in the Year of the Dragon

February 08, 2026 16:31 UTC

John Size goes with the Flow but BMW Hong Kong Derby will come too soon for Flow Water Flow

February 08, 2026 15:31 UTC

Classic Series has just got more interesting with prime NumbersDistance won’t be a problem for Numbers, left, according to trainer Frankie Lor, following his G3 Centenary Vase victory at Sha Tin.

February 08, 2026 13:31 UTC

Tens of thousands displaced as 'Basyang' batters PhilippinesRescuers evacuate a woman after Tropical Storm Penha hit the area in Iligan, Lanao del Norte province on February 6, 2026. MANILA, Philippines — Tropical Storm Basyang has affected more than 400,000 people and forced tens of thousands into evacuation centers, the National Disaster Risk Reduction and Management Council (NDRRMC) said. In its 8 a.m. report on Sunday, February 8, the NDRRMC said that there are 467,242 persons or 131,961 families that are affected by Basyang. Out of all the affected individuals, 16,297 persons are inside the evacuation centers, while 25,822 are outside the evacuation centers. There were also 306 classes suspended, while there are 113 cities/municipalities where work was suspended in Region 6, Negros Island Region, Region 7 and CARAGA.

February 08, 2026 12:46 UTC

The pilot, the professor and the progressive vying to lead ThailandPeople watch as votes in Thailand's general election are counted at a polling station in Bangkok on February 8, 2026.

February 08, 2026 12:31 UTC

A man walks past a board displaying posters of candidates for the Lower House election, which is being held February 8, along the street amidst the falling snow in Tokyo, on February 8, 2026.

February 08, 2026 11:42 UTC

Child protection support service teams handle 428 family cases by last SeptSocial Welfare Department Family and Child Welfare Branch Chief Social Work Officer (Domestic Violence) Dora Yuen (center) said that the government has increased manpower in handling child abuse cases. (Source: news.gov)

February 08, 2026 11:06 UTC

Trump praises new Honduras leader after talks in USU.S. President Donald Trump walks towards the Presidential Limousine from Air Force One after landing at Palm Beach International Airport on February 6, 2026 in Palm Beach, Florida.

February 08, 2026 11:06 UTC

CUHK Art Museum celebrates year of the horse with special exhibitionImage courtesy of the Art Museum of The Chinese University of Hong Kong

February 08, 2026 11:01 UTC

Japan's Takaichi aims for blizzard of votes in rare winter electionJapan's Prime Minister and leader of the ruling Liberal Democratic Party (LDP), Sanae Takaichi, speaks during an election campaign event ahead of the February 8 snap election, in Tokyo, Japan, February 7, 2026.

February 08, 2026 09:56 UTC