BSP: Consumers may shoulder P15.7 billion power generation cost
The Bangko Sentral ng Pilipinas expects electricity rates to increase further as around P15.77 billion worth of power generation cost may be passed on to consumers over the next three years......»»
Residential electricity rates up by P0.19/kWh for Jan-Feb billing
Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»
Semirara income drops 30% to P27.9 billion
Lower prices of coal and power rates dragged the net income of Semirara Mining and Power Corp. by 30 percent to P27.9 billion in 2023 from P39.9 billion in 2022......»»
MGen completes takeover of SPNEC
MGen Renewable Energy Inc., a subsidiary of Manila Electric Co., has completed its P15.9- billion investment in SP New Energy Corp.......»»
T-bill rates up across the board
Demand went down while rates increased for short-term securities, but the government sustained its full award streak and raised P15 billion......»»
Italian teenage computer wizard set to become the first saint of the Millennial generation
ROME (AP) — Pope Francis paved the way for the canonization of the first saint of the millennial generation on Thursday, attributing a second miracle to a 15-year-old Italian computer whiz who died of leukemia in 2006. Carlo Acutis, born on May 3, 1991, in London and then moved with his Italian parents to Milan.....»»
‘Millennials most financially literate generation in Philippines’
Generation Y, colloquially known as the millennials, are considered as the most financially literate generation of Filipinos, whose long-term financial goals are likely to be met......»»
Job generation master plan out in Q4 – NEDA
The National Economic and Development Authority is looking to complete the country’s employment generation master plan in the fourth quarter of the year......»»
AMD Launches Frame Generation Tech DX11, DX12 Games in First Driver Release in 2024
AMD introduced a frame-generating technology called Fluid Motion Frames (AFMF) for all users in its first official driver release for 2024. The latest development comes as HYPR-RX, embedded in the drivers, now enables gamers to enhance frame generation for ‘any’ DirectX 11 or DirectX 12 games, marking a shift from the previous preview status of […].....»»
FEF bucks proposal to restore NFA power
The Foundation for Economic Freedom is opposing the proposal to bring back the power of the National Food Authority to import and sell rice to consumers, saying this would reverse the gains from the reforms in the country’s rice policy......»»
‘Bring CA ruling on power rate hikes to SC’
An official of the House of Representatives called on the Energy Regulatory Commission (ERC) to elevate to the Supreme Court (SC) a December 2023 Court of Appeals (CA) ruling that could pave the way for higher power rates to the detriment of consumers. .....»»
Samal residents rally vs power woes
Electricity consumers in the Island Garden City of Samal in Davao del Norte province joined an interfaith prayer rally over the weekend to protest the continued power woes in their area......»»
Power rates down by P0.37/kWh for Feb-Mar billing
High on love but low on power rates! Valentine’s Day for residential consumers of Visayan Electric is expected to be sweeter as electricity rates for the billing month of February-March will be P0.37/kWh lower compared to last month. This decrease, bringing the total rate down from last month’s P11.62/kWh to P11.25/kWh, is attributed to lower.....»»
Air fares to go up as peso weakens
Low-cost carrier Cebu Pacific expects the cost of air travel to go up if the peso keeps on depreciating, as the airline sources its jet fuel abroad, making it prone to foreign exchange fluctuations......»»
Capitol to resume selling rice at lower cost
Capitol to resume selling rice at lower cost.....»»
‘Climate change inaction cost to reach P1.4 trillion by 2030’
The cost of inaction against climate change could reach P1.4 trillion by 2030, or about eight percent of the 2020 gross domestic product, the Department of Environment and Natural Resources said yesterd.....»»
Ong: Electricity cost
Ong: Electricity cost.....»»
Japanese offer tech to cut cost of road repairs
Japan-backed tech innovators are bringing into the Philippines a new service that lowers the cost of fixing road damage by analyzing and recording them through a satellite......»»
Cebu Pacific wins accolades as among best low-cost, Safe Airlines
Cebu Pacific wins accolades as among best low-cost, Safe Airlines.....»»
Cebu Pacific named among safest budget carriers globally
Low-cost carrier Cebu Pacific has landed as one of the safest low-cost airlines in the world, beating nearly 400 global operators in terms of compliance with international standards, according to AirlineRatings.com......»»
Nikko Natividad may ‘hugot’ sa power tripper
May patama ang dating Hashtag member na si Nikko Natividad tungkol sa power tripper. The post Nikko Natividad may ‘hugot’ sa power tripper first appeared on Abante......»»