Tala Champions Digital Financial Inclusion For The Global Majority By Turning Access To Opportunities For Growth

Financial access alone is not enough. A new Atlantic Council report highlights that three billion adults still struggle to fully use formal financial services despite owning accounts and digital devices.

When Memes Become Accountability: How FTTM Learned It Had Power, Not Just Reach

Memes in the Philippines travel faster than traditional headlines, and FTTM recognizes how every post can create impact beyond simple online reactions. #PAGEONESpotlight_MarkAnicas #PAGEONESpotlight_FTTM #PAGEONESpotlight_FollowTheTrendMovement

PAGEONE Group Executives Named Jurors For Prestigious Asia Pacific Stevie Awards

Four PAGEONE Group executives join the Asia Pacific Stevie Awards jury, highlighting rising Philippine leadership in global communications.

FTTM’s Process: Speed On Screen, Precision Behind The Scenes

FTTM’s humor may feel instinctive, but behind it is a disciplined system built on listening, verification, and responsibility. #PAGEONESpotlight_MarkAnicas #PAGEONESpotlight_FTTM #PAGEONESpotlight_FollowTheTrendMovement

House Pushes For Creation Of PH Atomic Energy Regulatory Body

Philippine House approves HB 9293, advancing the creation of PhilATOM and ensuring a comprehensive legal framework for safe nuclear energy use.


House Pushes For Creation Of PH Atomic Energy Regulatory Body

45
45

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

A measure seeking to create the Philippine Atomic Energy Regulatory Authority (PhilATOM) hurdled second reading approval at the House of Representatives.

During Wednesday’s plenary session, the chamber approved through voice voting House Bill 9293, or the proposed Philippine National Nuclear Energy Safety Act, which provides for a comprehensive legal framework for nuclear safety, security and safeguards in the peaceful utilization of nuclear energy in the country.

Under the bill, the PhilATOM shall have the sole and exclusive jurisdiction to exercise regulatory control for the peaceful, safe and secure uses of nuclear energy and radiation sources in the Philippines.

Special Committee on Nuclear Energy Chairperson and Pangasinan Rep. Mark Cojuangco said the measure would ensure that the country complies with the international obligations pertaining to the utilization of nuclear energy, as recommended by the International Atomic Energy Agency (IAEA).

Cojuangco said the establishment of an independent regulatory body is necessary so that regulatory judgments can be made and enforcement actions taken without pressure from interests that may conflict with safety.

“It is therefore imperative for the state to subscribe to the safety standards imposed by the IAEA being a State member, to ensure the protection of the people and the environment, both now and in the future,” he said.

“The need for a separate organization, whose sole concern would be nuclear safety, security, and safeguards, separate from the promotional, political and economic influences, becomes apparent,” he added.

He said HB 9293, once enacted into law, will help facilitate the country’s economic development, as well as the proper utilization of nuclear energy, resulting in cost-effective, dependable, and clean electricity.

The proposed PhilATOM will assume all regulatory tasks currently held by the Philippine Nuclear Research Institute.

A radioactive waste management fund shall also be established for the final disposition of spent nuclear fuel, as well as a decommissioning fund as a condition of an authorization to operate a nuclear power plant, both to be held in trust by the Development Bank of the Philippines. (PNA)