DBS Bank Broadens Tech Investment Play With New Granite Asia Tie-Up

The intersection of finance and artificial intelligence continues to grow. DBS Bank and Granite Asia are supporting emerging AI companies.

Peak XV Partners Closes USD1.3 Billion Fund Targeting Fintech And Technology Startups Across Asia

Venture capital firms are continuing to back fintech and AI innovation. Peak XV Partners’ USD1.3B funds aim to support scalable technology startups.

TerraPay Partners With Raenest To Expand Cross-Border Freelancer Payouts In The Philippines And India

The gig economy depends on efficient cross-border payments. TerraPay’s network is helping Raenest users receive funds from international clients.

Nickel Asia Corp. Reports 312% Profit Surge To PHP6.27 Billion On Strong Nickel Ore Prices

Higher ore prices and stronger shipments helped push Nickel Asia’s revenues and profits sharply higher last year.
SEND TO: pressreleases@pageonemedia.com

LGUs Urged To Intensify Energy Conservation

DILG calls on LGUs to actively support energy conservation measures for effective community management through the GEMP.

LGUs Urged To Intensify Energy Conservation

2301
2301

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

The Department of the Interior and Local Government (DILG) on Wednesday urged all local government units (LGUs) to intensify energy conservation efforts by implementing the Government Energy Management Program (GEMP) under Republic Act 11285, or the Energy Efficiency and Conservation (EEC) Act.

The DILG made the statement in support of President Ferdinand R. Marcos Jr.’s call to promote energy efficiency in the public sector.

Under Memorandum Circular 2025-515, the DILG directed LGUs to craft a Local EEC Plan that outlines specific conservation strategies, target cost reductions, and motor vehicle inventories.

LGUs, except barangays, are also enjoined to establish an EEC Office within their planning and development units, funded under their general appropriations.

Local chief executives are likewise enjoined to issue an executive order or memorandum formalizing EEC protocols in government buildings and facilities.

GEMP is a government-wide initiative aimed at reducing electricity and fuel consumption in all government agencies through efficient use of energy resources, including electricity-saving measures and fuel efficiency in the operation of government vehicles. (PNA)