Publicly listed Basic Energy Corp announced that they are planning to build between 5-6 bioethanol refineries in the country. They are targeting to be the market leader in the production of bioethanol in the Philippines with the help of partner Metro Pacific Investments Corp.
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Anybody who’s lived in Davao City long enough knows that Mayor Rodrigo Duterte is serious whenever he lays down an ultimatum. The latest being that he will mediate to get Hedcor and DCWD to agree to sharing the rights to the Tamugan river where the former is attempting to build a hydro plant, while the latter will use it to source water to the city.
Mayor Rodrigo Duterte said he will be forced to intervene in the matter if no agreement will be made after the 10-day deadline set by the City Council. The mayor appealed to both companies for a “little liberality” so they could agree on the brewing issue.
LTFRB classified the E-Jeepney as a slow moving vehicle (SMV), therefore being allowed only to operate in villages and subdivisions. They are also prevented from traveling in highways and expressways.
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