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Mindanao projected to need 10,200 MW additional capacity by 2040

DAVAO CITY — Energy officials said more investors are needed in the power supply sector, particularly for Mindanao, to meet the island’s projected 10,200-megawatt (MW) additional capacity requirement by 2040. The post Mindanao projected to need 10,200 MW additional capacity by 2040 appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineOct 12th, 2018

5,000 MW capacity projected for Mindanao grid by 2030

DAVAO CITY -- An additional power supply of about 3,000 megawatts (MW) is projected to be required by the Mindanao grid by 2030, according to Mindanao Development Authority (MinDA) Assistant Secretary Romeo M. Montenegro......»»

Category: financeSource:  bworldonlineRelated NewsJul 16th, 2018

Economy: Mindanao power sources through 2030 readied

MINDANAO needs at least 150 megawatts (MW) of additional capacity yearly until 2030 to meet rising demand from electricity consumers as the government lines up infrastructure projects on the southern island, the lead entity promoting its development said......»»

Category: financeSource:  bworldonlineRelated NewsSep 25th, 2016

Globe Customers in VISMIN Now Enjoy Additional Data Capacity for Faster Mobile Internet

Customers of Globe Telecom in Visayas and Mindanao stand to benefit from the accelerated deployment of its additional allocation in the 2600 megahertz band as the company continues to step up its capacity-enhancement initiative to...The post Globe Custome.....»»

Category: newsSource:  metrocebuRelated NewsJul 23rd, 2016

Low projected Dubai oil prices no reason to stick with excise taxes - Magdalo

The downward trend of the Dubai crude oil's price is not enough reason to stop suspending the additional excise taxes on oil products by 2019, the Magdalo party-list said on Thursday. 'Ju.....»»

Category: newsSource:  philippinetimesRelated NewsOct 19th, 2018

Mindanao Art Caravan kicks off ManilArt 2018

Art Caravan, which traditionally kickstarts the annual ManilArt Fair, has toured Mindanao and just ended its Davao City leg. The 10th edition of ManilArt will be mounted next month at SM Aura. Led by ManilArt Fair director Tess Rayos del Sol and ManilArt Foundation head Amy Loste, the art caravan held several roundtable sessions with local artists led by renowned Mindanao sculptor-painter Kublai Millan. "Mindanao has been my teacher and my playground," said Millan, whose art is heavily informed by Mindanao culture. "The feel of Mindanawon art is unique. What is projected are the patterns, designs, and music." Millan's works are ubiquitous and could be seen across the Dava...Keep on reading: Mindanao Art Caravan kicks off ManilArt 2018.....»»

Category: newsSource:  inquirerRelated NewsSep 30th, 2018

Pagasa: ‘Paeng’ to speed up before exit on Saturday

  Typhoon "Paeng" (international name: Trami) is expected to speed up in the next 24 hours until its projected exit from the Philippine area of responsibility (PAR) on Saturday afternoon, the state weather bureau said.   As of Thursday, the typhoon continued to move northward slowly, the Philippine Atmospheric Geophysical and Astronomical Services Administration (Pagasa) said.   "Paeng" was spotted 750 kilometers east of Basco, Batanes, with maximum sustained winds of 160 kilometers per hour (kph) near the center and gusts of up to 195 kph.   Zamboanga Peninsula, Northern Mindanao and Caraga region will have cloudy skies with scattered rains a...Keep on reading: Pagasa: ‘Paeng’ to speed up before exit on Saturday.....»»

Category: newsSource:  inquirerRelated NewsSep 27th, 2018

Asean GDP could soar by US$1 trillion as SMEs go digital

  SINGAPORE --- Getting more of Southeast Asia's small businesses into the digital economy could significantly raise the region's gross domestic product (GDP), an industry study has found.   It noted that the region's digital economy is worth about US$200 billion (S$274 billion) today, or 7 per cent of total Asean GDP. More integration could send that rocketing by an additional US$780 billion to US$1.13 trillion over the next seven years with Asean GDP projected to hit US$5.1 trillion by 2025.   But non-tariff barriers such as logistics and cross-border digital regulations such as data localization continue to be challenges, especially for small and medium-s...Keep on reading: Asean GDP could soar by US$1 trillion as SMEs go digital.....»»

Category: newsSource:  inquirerRelated NewsSep 6th, 2018

Philippines eyes extra rice imports amid ‘crisis’ in Mindanao

THE GOVERNMENT’s Agriculture chief said on Monday that he has proposed the importation of an additional 132,000 tons of rice by the private sector to address “very limited” supplies of the staple food in the country’s southern provinces. The post Philippines eyes extra rice imports amid ‘crisis’ in Mindanao appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 27th, 2018

P3.5 billion more allotted for Marawi rehab

Marawi City will get an additional P3.5 billion in funds for its rehabilitation efforts, a lawmaker from Mindanao said yesterday......»»

Category: newsSource:  philstarRelated NewsAug 5th, 2018

P3.5 billion more allotted for Marawi rehab

Marawi City will get an additional P3.5 billion in funds for its rehabilitation efforts, a lawmaker from Mindanao said yesterday. Source link link: P3.5 billion more allotted for Marawi rehab.....»»

Category: newsSource:  manilainformerRelated NewsAug 5th, 2018

NGCP expands capacity in Mindanao

National Grid Corp. of the Philippines (NGCP), the country's grid operator, has expanded its capacity in Mindanao ahead of the entry of new generating power plants that would soon rise in the.....»»

Category: newsSource:  manilanewsRelated NewsJul 29th, 2018

NGCP expands Mindanao capacity ahead of new power plants

The National Grid Corp. of the Philippines (NGCP), the country’s grid operator, said it has expanded its capacity in Mindanao ahead of the entry of new generating power plants that will soon rise in the region. NGCP expands Mindanao capacity ahead of new power plants The National Grid Corp. of the Philippines (NGCP), the country’s… link: NGCP expands Mindanao capacity ahead of new power plants.....»»

Category: newsSource:  manilainformerRelated NewsJul 27th, 2018

Vehicle sales seen rising by 12%

The volume of vehicles sold in the Philippines is primed for a 12-percent growth this year to reach about 577,000 units amid a government drive to upgrade jeepneys and increase in domestic production, according to Frost & Sullivan. The US-based consultancy firm said the projected Philippine economic growth of up to 7 percent yearly over the next five years would drive sales of new passenger cars. Paulo Jose Mutuc, senior consultant on mobility at Frost & Sullivan, said in a statement the manufacturing industry in the Philippines had grown by over 7 percent since 2010, and that Toyota Motor Corp. and Mitsubishi Motors Corp. were increasing their local production capacity thr...Keep on reading: Vehicle sales seen rising by 12%.....»»

Category: newsSource:  inquirerRelated NewsJul 11th, 2018

Global airport capacity crisis amid passenger boom – IATA

SYDNEY, Australia – Governments need to urgently tackle a capacity crisis facing airports as demand for international travel grows , but they should be cautious about private sector involvement, the International Air Transport Association (IATA) warned on Monday, June 4. With passenger levels projected to nearly double to 7.8 billion by ........»»

Category: newsSource:  rapplerRelated NewsJun 4th, 2018

MPIC power businesses target 1,600-MW hike in capacity by 2022

THE power units of Metro Pacific Investments Corp. (MPIC) will be expanding their capacity by around 1,600 megawatts (MW) until 2022, with plans to invest around P30 billion during the period. “We continue to find ways to develop at least 1,500 megawatts of additional generational capacity by 2021. While we remain committed to clean coal, […] The post MPIC power businesses target 1,600-MW hike in capacity by 2022 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 18th, 2018

2nd round of pension hike seen reducing SSS fund life to 2026

The Social Security System said its fund life is projected to last only until 2026 should additional benefit to pensioners be given next year without any financing mechanism......»»

Category: newsSource:  philstarRelated NewsMay 16th, 2018

Meralco contracted only 50MW more power till June

THE Manila Electric Co. (Meralco) has contracted 'less than 50 megawatts [MW]' of additional power-generation capacity up to June this year. 'We contracted interim power-supply agree.....»»

Category: newsSource:  manilanewsRelated NewsMay 15th, 2018

Davao’s Sun Made rice evaluating capacity, demand for ASEAN exports

DAVAO CITY — The Mindanao Agri Network Corp. (MANCOR), distributor of rice brand Sun Made, is preparing to expand via exports to the Association of Southeast Asian Nations (ASEAN). Carlo C. Lorenzana, MANCOR vice-president, said the company has filed an application for an export/import license and is working on its supply and demand projections. “Once […] The post Davao’s Sun Made rice evaluating capacity, demand for ASEAN exports appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 13th, 2018

Additional manufacturing investments urged as supply capacity nears limits

The Philippines is in need of fresh investments that would ramp up manufacturing output as current supply capacities are hitting the limits, resulting in export losses in recent months......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2018

Napocor boosts power supply in two key Palawan towns

The National Power Corp. (Napocor) has installed four additional 600-kilowatt (kW) open-type generating sets for the power facilities of San Vicente and El Nido in Palawan. In a statement issued on Wednesday, Napocor said this development brings the total dependable capacity of San Vicente Diesel Power Plant to 1,940 kW, which would be sufficient considering its peak demand of 676 kW. On the other hand, the El Nido Diesel Power Plant will have a total capacity of 4,050 kW to address its 3,825 kW demand. Both will operate for 24 hours, servicing more than 4,500 families and 500 commercial establishments. "As a premiere destination among local and foreign tourists, there is a s...Keep on reading: Napocor boosts power supply in two key Palawan towns.....»»

Category: newsSource:  inquirerRelated NewsApr 18th, 2018