Meralco PowerGen sets rebranding on Bulacan solar project – Manila Bulletin mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
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AROUND four million Filipinos remain jobless in January, as more reentered the labor force with the further easing of quarantine restrictions around the country, government labor data released on Tuesday showed.
Preliminary results of Philippine Statistics Authority’s (PSA) January 2021 round of the Labor Force Survey (LFS) showed around 3.953 million unemployed Filipinos, up from 3.813 million in October 2020 and 2.391 million in January 2020.
This put the unemployment rate at 8.7% in January, unchanged from October 2020 but higher than 5.3% in January 2020. The January 2021 reading was the highest among January LFS rounds since the government adopted new definitions for the survey in 2005.
The quality of jobs also weakened as the underemployment rate the proportion of those already working, but still looking for more work or longer working hours worsened to 16% from 14.4% in October and 14.8% in January 2020. This translates to 6.589 million underemployed Filip
Meralco power unit plans investment shift to LNG mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
March 3, 2021 | 12:07 am Advertisement
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MR. PANGILINAN says Atimonan power plant project is a candidate for conversion into a gas facility. BW FILE PHOTO
MANILA ELECTRIC Co. (Meralco) should look at participating in the gas business, its chairman said, as a separate company that he leads is set to develop an offshore area for its resources.
“We hope that (Service Contract) 72 could get developed as an oil field and once we start developing, we have to connect to Malampaya because we need the facilities to process the raw gas, then pipe it to Batangas,” Meralco Chairman Manuel V. Pangilinan said in a press briefing on Monday.