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A continuing failure?

Because bringing power plants online from scratch takes at least five years, our current problems with low grid reserves resulting in yellow and red alerts can be blamed on a failure during the Duterte era. But the BBM DOE seems committed to continuing the failed policies......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

BSP’s ample dollar reserves to keep peso at bay – Nomura

The Bangko Sentral ng Pilipinas is one of the central banks in the region that has enough dollar buffers to defend its currency against the greenback, according to Japanese investment bank Nomura......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

Cuts in bank reserves unlikely soon – BSP

The Bangko Sentral ng Pilipinas is unlikely to cut banks’ reserve requirement ratio in the third quarter, amid expectations of policy rate cuts in the second half of the year......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Malampaya

Our big frustration in the old Ministry of Energy was the inability to discover a big enough oil or natural gas reserves in the country......»»

Category: financeSource:  philstarRelated NewsApr 7th, 2024

Forex buffer hits 2-year high

The country’s dollar reserves rose to a 23-month high in March due to higher government deposits with the central bank and higher gold prices in the international market, according to the Bangko Sentral ng Pilipinas......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Forex buffer hits 2-year high

The country’s dollar reserves rose to a 23-month high in March due to higher government deposits with the central bank and higher gold prices in the international market, according to the Bangko Sentral ng Pilipinas......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

La cote de l Afrique de l Ouest etait un paradis pour la piraterie et la pche illegale : comment la technologie change la donne

Le golfe de Guinee - une region cotire qui s'etend du Senegal l'Angola - est dote de vastes reserves d'hydrocarbures, de mineraux et de ressources halieutiques. Il s'agit egalement d'une voie importante pour le commerce international, ce qui le rend essentiel au developpement des pays de la region.Cependant, pendant longtemps, les pays du golfe de Guinee n'ont pas s.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

Philippines dollar reserves slip to $102.67 billion

The country’s foreign exchange buffer slipped to $102.67 billion in February, the second straight month of decline, acccording to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Philippines forex reserves dip to $103 billion in January

The country’s forex buffer slid slightly to $103.4 billion in January as the government paid its foreign debts and the central bank’s gold holdings took a hit from lower prices in the global market......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Cebu City Council OKs release of unpaid salaries for 4 employees

CEBU CITY, Philippines – The Cebu City Council recently approved the release of the remaining unpaid salaries of four City Hall employees a month after they reported their plight to the local press. The Cebu City Council approved today, May 15, the release of the remaining six months’ worth of salaries for four employees, who.....»»

Category: newsSource:  inquirerRelated NewsMay 15th, 2024

Cebu City ‘BPO Day’ on March 28 gets City Council’s okay

CEBU CITY, Philippines — The Cebu City Council approved on its third and final reading the proposed ordinance dedicating March 28 as “BPO Day” in Cebu City. The proposed ordinance authored by Councilor Pancrasio “Francis” Esparis was approved during its regular session on Wednesday, April 24. In a phone interview with Esparis, he said that.....»»

Category: newsSource:  inquirerRelated NewsApr 25th, 2024

OceanaGold Philippines IPO approved by the PSE

OceanaGold Philippines has had its IPO approved by the PSE......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

Pampanga s culinary ordinance approved

Pampanga s culinary ordinance approved.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

Hardware modifications in automated counting machines approved

MANILA, Philippines — The Commission on Elections (Comelec) issued a memorandum on Wednesday approving specific adjustments to the hardware of automated counting machines (ACMs) for their deployment in the 2025 national and local elections. These customizations were based on observations made by stakeholders during the demonstration of the ACMs, as per the memorandum. The approved.....»»

Category: newsSource:  inquirerRelated NewsApr 3rd, 2024

Cebu Landmasters FOO approved by the PSE

Cebu Landmasters had its follow-on offering of preferred shares approved by the PSE......»»

Category: financeSource:  philstarRelated NewsMar 14th, 2024

Wegovy Approved By FDA to Reduce Heart Attack Risk – The Daily Guardian

The FDA has recently approved the popular weight loss drug Wegovy for use in reducing the risk of heart attacks, strokes, and cardiovascular-related death in.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 12th, 2024

Approved foreign investments into Philippines up 127.2 pct in Q4 of 2023

MANILA, Feb. 15 (Xinhua) -- The approved foreign investments into the Philippines in the fourth quarter of 2023 reached 394.45 billion pesos (roughly 7 billion U.S. dollars), marking a year-on-year increase of 127.2 percent, the Philippine Statistics Authority (PSA) said on Thursday. Of the total, the statistics agency said the Netherlands posted the highest investment commitment, amounting to 345.76 billion pes.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Approved foreign investments into Philippines up 127.2 pct in Q4 of 2023

MANILA, Feb. 15 (Xinhua) -- The approved foreign investments into the Philippines in the fourth quarter of 2023 reached 394.45 billion pesos (roughly 7 billion U.S. dollars), marking a year-on-year increase of 127.2 percent, the Philippine Statistics Authority (PSA) said on Thursday. Of the total, the statistics agency said the Netherlands posted the highest investment commitment, amounting to 345.76 billion pes.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Bill pushing P100 daily wage hike gets Senate nod on 2nd reading

MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers.  Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

A Brown Company prefs follow-on offering approved by the PSE

The A Brown Company preferred shares follow-on offering was approved by the PSE......»»

Category: financeSource:  philstarRelated NewsFeb 6th, 2024