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Stocks move in step with Asia-wide rally

Local stocks recovered yesterday, moving in step with Asian peers, ahead of US inflation data that could influence the Federal Reserve’s thinking on rate cuts, while the crypto world got a boost after exchange-traded funds to track Bitcoin were approved in the United States......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

DOH chief unaware of pyramiding schemes, gifts to doctors

MANILA, Philippines — No less than the country’s health chief had no knowledge of the alleged multi-level marketing (MLM) schemes in the medical industry until the issue was raised before the Senate. Facing the Senate probe on Tuesday, Department of Health (DOH) Secretary Teodoro Herbosa said he only heard of some of the perks that.....»»

Category: newsSource:  inquirerRelated NewsApr 30th, 2024

Interview: ISU chief hails next generation stars rising at Gangwon 2024

GANGNEUNG, South Korea, Jan. 28 (Xinhua) -- The next generation stars in ice skating are rising at the 2024 Gangwon Winter Youth Olympic Games, chief of the global skating governing body has said. "Next-generation stars can compete [at a] global level. Just like many other sports, this is an event where we get to see the rising stars, the next generation stars," Kim Jae-youl, president of the International Skati.....»»

Category: newsSource:  manilanewsRelated NewsJan 28th, 2024

Xinhua world economic news summary at 0900 GMT, March 18

BEIJING -- Global new energy passenger car sales are predicted to exceed 39 million units by 2030, said a report obtained during the China EV100 Forum 2024 concluded Sunday in Beijing. That will mark a penetration rate of almost 50 percent, rising from the nearly 20 percent in 2023 with the sales of over 13 million units, according to the report issued by China EV100, a new energy vehicle (NEV) industry think ta.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

DOE kulang sa energy – Hontiveros

Inalaska ni Senadora Risa Hontiveros ang Department of Energy (DOE) na kulang umano sa energy para resolbahin ang kakapusan ng suplay ng kuryente sa bansa. The post DOE kulang sa energy – Hontiveros first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 16th, 2024

Pragmatic approach to energy security

In the midst of surging power demand and concerns over energy security, the importance of a more resilient and robust energy infrastructure in maintaining reliable supply for the Philippines has taken center stage......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

ACEN attains 5-GW renewable energy goal ahead of target

It is mission accomplished for ACEN Corp., the listed energy platform of the Ayala group, having achieved its five gigawatts (GW) of renewable energy capacity target a year ahead of schedule......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

Lapid bet renewable energy pangontra sa brownout

Maiiwasan ang madalas na brownout sa Western Visayas kung isusulong ang renewable energy sa rehiyon, ayon kay Senador Lito Lapid. The post Lapid bet renewable energy pangontra sa brownout first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 11th, 2024

Citicore Renewable Energy IPO scheduled for May 31

Citicore Renewable Energy Corporation [CREC 3.88 pre-IPO] [link], the parent company of Citicore Energy REIT [CREIT 2.85 unch; 37% avgVol], has scheduled its IPO for May 31 after postponing its listing due to market conditions and negotiating a P5 billion stock sale of CREIT shares to the SM Investments [SM 975.00 ?0.5%; 156% avgVol] group......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

PetroWind supplies power to Panay

PetroWind Energy Inc., a joint venture between Yuchengco-led PetroGreen Energy Corp., EEI Power Corp. and BCPG Public Co. Ltd. of Thailand, continues to ramp up its clean energy projects......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Citicore Energy REIT declares robust Q4 dividend

Citicore Energy REIT, the subsidiary of Citicore Renewable Energy Corp. and the REIT arm of the Megawide [MWIDE 3.08 unch] group of companies, declared a Q4/23 dividend of P0.054/share, payable on May 15 to shareholders of record as of April 18......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

US-based Harnyss introduces patented hydrogen technology for energy storage in Philippines

Harnyss, a Texas-based energy technology company, is introducing its patented low-pressure hydrogen storage solutions that could significantly complement the utilization of renewable energy in various settings. .....»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

Singapore’s Vena Energy rides on RE wave in Philippines

Vena Energy said it is committed to supporting the government’s renewable energy goals......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Philippines to conduct matching event to help foreign investors

MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Philippines to conduct matching event to help foreign investors

MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»

Category: newsSource:  manilanewsRelated NewsFeb 22nd, 2024

Nuclear energy is safe, DOE says

Given historical adversities involving nuclear power plants across the world, the Department of Energy has assured the public of careful planning for the use of nuclear energy in the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Aboitiz Foundation appoints new leaders

The Aboitiz Foundation announced the appointment of Ana Margarita Hontiveros-Malvar as its new president, concurrent with her existing role as the chief reputation and sustainability officer of Aboitiz Equity Ventures while Maria Remedios Dominique Suplido assumes the role of Aboitiz Foundation’s chief operating officer......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Cone wants Gilas ‘to stay with the process’ as it aims to reach the Olympics

'We want to be thinking about goals, but it’s more important for us to be growth-oriented,' says Tim Cone as Gilas Pilipinas opens its campaign in the FIBA Asia Cup Qualifiers.....»»

Category: newsSource:  rapplerRelated NewsFeb 20th, 2024

SP New Energy suspension lifted after Solar Philippines donates another 220 million SPNEC shares

The PSE lifted the suspension that had affected SP New Energy shares since January 26 after SPNEC said that Solar Philippines Power Project Holdings Inc. had donated 220 million SPNEC shares to Asia Pacific Institute for Green Development on January 24, and that the donation had increased SPNEC’s public float [link] back above the 20% minimum threshold for active trading......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

SP New Energy suspended again for public float violation

SP New Energy was suspended at the close of trading on Friday by the PSE after a block sale pushed SPNEC’s public float down to 19.57%, below the PSE’s minimum public float requirement of 20%......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024