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Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
Provocative action by Chinese coastguard condemned by Manila
MANILA, The Philippines: This week, Jonathan Malaya, spokesperson for the Philippines National Security Council, said the country's government condemns the latest "provocative action" by China's coastguard against Filipino fishermen. Malaya referred to a Philippine coastguard report released at the weekend about an incident on January 12, which alleged that Chinese coastguard personnel ordered some Filipino fis.....»»
Manila condemns provocative action by Chinese coastguard
MANILA, The Philippines: This week, Jonathan Malaya, spokesperson for the Philippines National Security Council, said the country's government condemns the latest "provocative action" by China's coastguard against Filipino fishermen. Malaya referred to a Philippine coastguard report released at the weekend about an incident on January 12, which alleged that Chinese coastguard personnel ordered some Filipino fis.....»»
NSC s Malaya told: Red-tagging can be prosecuted
The statement released by the NUJP on Thursday came a day after the National Task Force to End Local Communist Armed Conflict quoting Malaya mentioned that criminalizing red-tagging is “impossible......»»
Biz Leaders Welcome Coal-Fired Power Plant Expansion in Toledo City to Prevent Outages
Business stakeholders in Cebu welcomed the expansion project of a coal-fired power plant in Toledo City as a way to prevent outages that happened in Aklan early this year. They said that concerns about the environment will be “outweighed” by the economic benefits that will come with more power supply considering the dwindling reserves in […].....»»
Samar to host SE Asia’s first tidal power plant
The first tidal power generation plant in Southeast Asia will be built in the remote island of Capul in Northern Samar, along the San Bernardino Strait, an area well-known for its strong marine currents......»»
Century Pacific expanding solar power capacity at GenSan plant
Century Pacific said that it is getting ready for the March 2024 switch-on of its solar power capacity expansion at its General Santos plant......»»
150 MW solar power plant tukuron sa Daanbantayan
150 MW solar power plant tukuron sa Daanbantayan.....»»
P3 billion solar power plant to rise in Negros Occidental
Eight years after a 25-megawatt solar power plant became operational in Silay City, Negros Occidental, a similar project worth P3 billion will be established in the same city......»»
PCPC admits internal plant issue prolonged return to Panay grid
The Palm Concepcion Power Corp. admitted to the Senate that its plant caused and prolonged the power outage on Panay Island at the start of January......»»
Comelec allocates P465M for internet voting for overseas voters, sets public bidding
Comelec allocates P465M for internet voting for overseas voters, sets public bidding.....»»
DOE wants better TOR for microgrid bidding system
The Department of Energy plans to improve the terms of reference for the next round of bidding for the development of microgrid systems......»»
Comelec opens bidding for indelible ink
Comelec opens bidding for indelible ink.....»»
Comelec sets 2nd bidding for internet voting system
Comelec sets 2nd bidding for internet voting system.....»»
BIDDING SET IN JUNE | 11 companies buy bid documents for Capitol s bulk water project
BIDDING SET IN JUNE | 11 companies buy bid documents for Capitol s bulk water project.....»»
Comelec sets bidding for 2025 poll transmission system
The Commission on Elections plans to start next month the public bidding for the transmission system that will be used in the 2025 midterm elections......»»
Philippines investment board awards green lane for solar power project
MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»
Philippines investment board awards green lane for solar power project
MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»
MGreen unit breaks ground for Nueva Ecija solar plant
Greentech Solar Energy Inc. , a subsidiary of MGreen Renewable Energy Inc., broke ground on an 18.75-megawatt alternating current solar power plant project in Bongabon, Nueva Ecija......»»
Xinhua Headlines: What China s new economic pivot means for the world
by Xinhua writer Liu Bowei BOAO, China, March 30 (Xinhua) -- On a flat ground in the Mymensingh district in north-central Bangladesh, some 169,000 solar panels are laid in rows, converting sunrays into electrical power. Now, the 50 MW photovoltaic power plant serves as an epitome of Bangladesh's booming green power development, as the South Asian country has announced the decision to reduce carbon dioxide.....»»