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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

Euromoney recognizes Metrobank as Best Bank for Ultra High-Net-Worth Filipinos

Metropolitan Bank & Trust Co. (Metrobank) remains the preferred bank for affluent Filipinos as it receives the Best Bank for Ultra High-Net-Worth (UHNW) award at the Euromoney Global Private Banking Awards 2024......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

DOE should regulate NGCP

The messy situation between the DOE and NGCP is responsible for problems that inconvenience electricity consumers......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

CitySavings Named One of the 2024 Philippines’ Growth Champions

City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions.  The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»

Category: newsSource:  metrocebuRelated NewsMar 8th, 2024

Missing secretaries

Last Dec. 22, 2023, US Defense Secretary Lloyd Austin checked into the Walter Reed National Military Medical Center in Maryland to undergo treatment for prostate cancer......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024

DOE monitoring power situation amid El Niño

Following the Philippine Atmospheric, Geophysical and Astronomical Services Administration’s recent declaration that the warm and dry season has begun, the Department of Energy (DOE) said the country’s power situation is currently being monitored to ensure energy security......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Garcia backs DOE’s oil, gas search proposal in Alegria

Garcia backs DOE’s oil, gas search proposal in Alegria.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

DOE expects approval of zero-tariff on all EVs this year

The Department of Energy (DOE) is hopeful that the incentives on the importation of electric vehicles (EVs) will be extended to two-wheeled and three-wheeled units this year to help boost EV adoption in the country......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

DOE official: Grid system in Panay Island stable

DOE official: Grid system in Panay Island stable.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

Power rates expected to rise because of El Niño

DAVAO CITY (MindaNews / 17 January)—Expect possible increasing power rates throughout the year amid the anticipated El Niño phenomenon in the country, an official from the Department of Energy (DOE)-Mindanao said. Engr. Darwin P. Galang, DOE-Mindanao senior science research specialist, said the anticipated increasing power rates can be possibly El Niño-related, with 26 percent of […].....»»

Category: newsSource:  mindanewsRelated NewsJan 19th, 2024

Pasig City tells hotel to explain disregard of senior discount or face closure

MANILA, Philippines — Pasig City on Wednesday ordered a hotel to explain why the local government should not issue a cease and desist order after it denied a 20-percent discount to a senior citizen. INQUIRER.net will withhold the name of the establishment and its hotel management until it gets the side of the hotel company......»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

Chinese New Year Colors Explained for Filipinos

Every Chinese New Year, Filipinos see splashes of red and yellow everywhere in the form of lanterns and envelopes full of cash. While Chinese culture is all about luck, what Filipinos should know is that good luck is not actually found in the lanterns or envelopes themselves. Rather, the luck is in the colors. Just.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

BPI sells shares in GoTyme Bank

The Bank of the Philippine Islands sold its 752 million common shares of GoTyme Bank Corp. to GoTyme Financial Pte. Ltd. and Giga Investment Holdings Pte. Ltd, the bank said yesterday......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur

New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur

New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2024

Significance of the country visit of UN SR for free expression and opinion to the PH

Human rights group emphasized the importance UN Special Rapporteur's visit, adding that this is the chance to show the international community that all is not well in the Philippines, and how current government policies, laws and programs have led to killings and various forms of human rights violations. The post Significance of the country visit of UN SR for free expression and opinion to the PH appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

Philippines summons China envoy over water cannon incident

Manila, Philippines - Manila summoned a senior Chinese envoy on Thursday to protest a water cannon incident that damaged two Philippine vessels during a patrol in the South China Sea.A coast guard vessel and another government boat were damaged in the April 30 incident near the disputed Scarborough Shoal, according to the Philippines' foreign ministry.Manila and Beijing have a long history of territorial.....»»

Category: newsSource:  manilanewsRelated NewsMay 2nd, 2024

PH task force on media security’s efforts not enough, says UN’s Khan

United Nation Special Rapporteur on freedom of expression and opinion Irene Khan also emphasizes: Media killings should be considered work-related until proven that they are not.....»»

Category: newsSource:  rapplerRelated NewsFeb 3rd, 2024

Ramon Lim, former STAR opinion editor, writes 30

Ramon M. Lim, former opinion editor of The Philippine STAR, fought a good fight from COVID to pneumonia for more than a month starting mid-January of this year......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

Red-tagging hobbles free expression and opinion

Freedom of expression and opinion in the Philippines is seriously hampered by the practice of red-tagging, according to Irene Khan, United Nations Special Rapporteur, who wound up a 10-day official visit to the Philippines yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024