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Banks expect higher consumer, corporate loan demand in Q1

Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Increasing demand for electric vehicles

The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

MPIC to pursue buyout of Ayala stake in LRT-1

Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Free MRT rides for women, all-female House session

Women and girls can enjoy free rides today at the Metro Rail Transit Line 3 and the Light Rail Transit Line 2 in line with the celebration of International Women’s Day......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

MPUV operator asks city council for help

MPUV operator asks city council for help.....»»

Category: newsSource:  sunstarRelated NewsFeb 11th, 2024

MRT-3 concession period seen at shorter 10-15 years

The next operator of the Metro Rail Transit Line 3 could end up with a shorter term of at least 10 years, as its role will be limited to managing the railway as the government pays for the cost of its rehabilitation......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Mga babae libre sa MRT-3, LRT-2 sa pagdiriwang ng ‘Women’s Day’

GOOD news sa mga kababaihan na sumasakay ng tren! Magkakaroon kayo ng libreng sakay sa Metro Rail Transit Line 3 (MRT-3) at Light Rail Transit Line 2 (LRT-2) sa darating na Biyernes, March 8. Ito ay para sa pagdiriwang ng “International Women’s Day.” Ang schedule ng “free rides” ay simula 7:00 a.m. hanggang 9:00 a.m.,.....»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

Rail transit planong ibalik

Rail transit planong ibalik.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

LRT-2, MRT-3 give free rides to commemorate DOTr s 125th year

The Light Rail Transit Line 2 and Metro Rail Transit Line 3 will be giving commuters free rides on Wednesday during the two line's peak hours......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

LRT-1 operator names new execs

The MVP Group continues to shake up the corporate ladder, this time with the appointment of new executives at Light Rail Manila Corp......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Operator sa Beep mihangyo sa City Hall

Operator sa Beep mihangyo sa City Hall.....»»

Category: newsSource:  sunstarRelated NewsFeb 11th, 2024

STL operator killed in gun attack

STL operator killed in gun attack.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

GCash preparing for IPO in the last half of 2024

Oscar Reyes Jr., the CEO of GCash operator G-Xchange [link], said that they’re “preparing internally so that we can be ready this year” for an IPO, but clarified that “it is a question of the market, not of GCash, as the market has yet to rebound fully.”.....»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Farmers, fishers demand immediate relief for El Niño impacts

“NFA should release the rice from warehouses and distribute it to farmers and fishermen who lost their income due to El Niño instead of making a profit and selling to private traders. Many are already complaining of hunger and loss, so the distribution of aid and compensation should be stepped up." The post Farmers, fishers demand immediate relief for El Niño impacts appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 5th, 2024

Demand for PCs softens last year

Issues on government procurement and a decline in corporate demand led to fewer orders for personal computers last year, a global IT market intelligence firm said......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Demand high for production workers

Demand high for production workers.....»»

Category: newsSource:  sunstarRelated NewsMar 29th, 2024

Urbanization fuels high demand for furniture

Urbanization fuels high demand for furniture.....»»

Category: newsSource:  sunstarRelated NewsMar 26th, 2024

OFWs drive demand for real property

OFWs drive demand for real property.....»»

Category: newsSource:  sunstarRelated NewsFeb 24th, 2024

High demand to feed growth in broiler output

Local broiler production could grow by at least two percent to as much as 1.943 million metric tons this year on the back of growing demand as chicken meat remains an affordable commodity for Filipino households......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

T-bill rates ease as demand swells

Demand for the government’s short-term securities rose to its highest level in three months, with rates slightly going down even after inflation quickened anew in February......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024