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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

Eovaldi agrees to $68 million, 4-year deal with Red Sox

By Kyle Hightower, Associated Press BOSTON (AP) — Nathan Eovaldi’s marathon relief performance in Game 3 of the World Series is a moment that will resonate in Red Sox history. Boston rewarded him with a $68 million, four-year contract. “We’re very happy to have Nathan back with us,” Red Sox president of baseball operations Dave Dombrowski said in a statement as the deal was announced Thursday. “He did a tremendous job for us last season, playing a significant role in helping us win the division and the World Series. His performance in the postseason was outstanding, both as a starting pitcher and as a reliever.” A 28-year-old right-hander who has had a pair of Tommy John surgeries, Eovaldi was acquired by Boston from Tampa Bay on July 25. He went 3-3 with a 3.33 ERA down the stretch. He made four starts against the Yankees, going 2-0 with a 0.39 ERA, and beat the New York in Game 3 of the AL Division Series, when he gave up one run in seven innings. In six postseason appearances, including two starts, Eovaldi went 2-1 with a 1.61 ERA, a .185 opponent’s batting average, 16 strikeouts, and three walks Eovaldi pitched one inning of relief in each of the first two games of the World Series against the Los Angeles Dodgers. He entered Game 3 in the 12th inning and threw 97 pitches over six-plus innings, preventing the bullpen from enduring additional stress. Boston lost the game when Eovaldi surrendered an 18th-inning home run to Max Muncy, but his performance inspired his teammates. Manager Alex Cora credited Eovaldi’s effort with being one of the catalysts that helped Boston win its fourth World Series title in 15 years. At the premiere of the Red Sox’s 2018 season highlight video, Eovaldi got the biggest cheers when his name was mentioned, with the crowd chanting “Bring him back!” “Nobody’s going to remember who won that game. Everybody’s going to remember Nate Eovaldi,” Cora said. Eovaldi is part of a projected starting rotation that includes Chris Sale, David Price, Rick Porcello and Eduardo Rodriguez. Eovaldi had Tommy John surgery in 2007 when he was a junior in high school and his second in August 2016 while with the Yankees. He was let go by New York after the season and signed with Tampa Bay, a deal that guaranteed $2 million in 2017 and included a $2 million option for 2018. He had arthroscopic surgery late in spring training to remove loose bodies in his pitching elbow and did not make his season debut until May 30 — his first major league game since Aug. 10, 2016. Boston earlier reached a $6.25 million, one-year contract with first baseman Steve Pearce, the World Series MVP. Remaining unsigned players who became free agents after winning the Series include closer Craig Kimbrel, left-hander Drew Pomeranz, right-hander Joe Kelly and second basemen Brandon Phillips and Ian Kinsler......»»

Category: sportsSource:  abscbnRelated NewsDec 7th, 2018

D& L Industries to spend P8B for new production facility | Inquirer Business

Food and plastic input manufacturer D&L Industries has earmarked P8 billion to build a new production hub in a special economic zone in Tanauan, Batangas, creating additional capacity to meet growing Source link link: D&L Industries to spend P8B for new production facility | Inquirer Business.....»»

Category: newsSource:  manilainformerRelated NewsDec 3rd, 2018

D& L Industries to spend P8B for new production facility | Inquirer Business

Food and plastic input manufacturer D&L Industries has earmarked P8 billion to build a new production hub in a special economic zone in Tanauan, Batangas, creating additional capacity to meet growing.....»»

Category: newsSource:  philippinetimesRelated NewsDec 3rd, 2018

U.S. commits P595M more for Mindanao development programs

MANILA, Philippines – The United States government committed to provide an additional P595 million worth of assistance to economic, infrastructure, governance, and peace programs in Mindanao. In a statement Thursday, November 15, the US said this brings to over P7 billion, total contributions to development aid in the Mindanao region. The ........»»

Category: newsSource:  rapplerRelated NewsNov 16th, 2018

Major rehab on Agus-Pulangui hydroelectric plants to start next year

DAVAO CITY (MindaNews / 25 Oct) -– A full-scale rehabilitation of the Agus-Pulangui Hydroelectric Power Complex will commence next year to increase the decades-old plants’ capacity factor by more than 80%, Mindanao Development Authority (MinDA) executive director Romeo Montenegro said on Wednesday. Montenegro also told “Wednesday’s Habi at Kape”  that government has ruled out the possibility […].....»»

Category: newsSource:  mindanewsRelated NewsOct 25th, 2018

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