PRESIDENT Gloria Arroyo has ordered state-run National Power Corp. to provide cheaper electricity to Samsung Electronics as an incentive for its multi-billion-dollar investment in Clark, Pampanga.
She said the Korean multinational electronics firm planned to move its overseas plant to a 15-hectare site in Clark, and that its investment there was expected to be higher than American firm Texas Instruments Inc.’s $1.7-billion facility.
Samsung planned to invest in Clark “provided it [was] given the same power rates granted to [Texas Instruments] and [assured] of reliable and quality power supply,” Mrs. Arroyo said in Executive Order 856.
In 2007 Mrs. Arroyo ordered Napocor to give Texas Instruments discounted generation and transmission rates for 10 years. The same discount should be given to Samsung, which “will infuse capitalization, generate employment opportunities, boost exports, and enhance the country’s economy,” she said.
She tasked government officials “to work out the grant of the discounted rate to the semiconductor company through the Industry Competitiveness Fund,” a program established to support power-intensive industries by granting them discounted power rates. The program initially had a P1.6-billion fund coming from value-added-tax collections.
To ensure reliable power supply for Samsung, the President ordered the immediate construction of a 230-kilovolt line and ordered it completed within 18 months.
Samsung subsidiary STS Semiconductor and Telecommunications Co. is expected to produce up to $3.5 billion worth of electronic exports annually after its plant’s construction is completed in December. Joyce Pangco Pañares, Manila Standard Today
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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