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Powering progress toward sustainable energy
As Filipinos anticipate the onset of the dry season, which is intensified by the ongoing El Niño, President Marcos has issued a crucial directive to all government entities, both at the national and local levels, emphasizing the imperative need for energy efficiency and conservation......»»
Basic Energy signs MOU for joint development of 50MW Batangas wind project
Basic Energy announced that its board authorized the signing of a memorandum of understanding with Renova Inc., a Japanese renewable energy company, to set the framework toward signing a definitive Joint Development Shareholders’ Agreement for the 50 megawatt Mabini Wind Energy Project......»»
Supersonic missiles will be delivered to PH soon, says India envoy
The first batch of BrahMos supersonic cruise missiles will soon be delivered to the Philippines. This is according to Indian Ambassador to Manila Shambhu Kumaran. Last year, a December 2023 delivery for the missiles was set, according to a representative of the weapons manufacturer. “We’re working toward the earliest possible arrival. I don’t have a.....»»
Sky Cable to shut pay TV
Cable operator Sky Cable Corp. is ending its pay TV business toward the end of February, as it moves to become a dedicated connectivity provider as part of its merger with PLDT Inc......»»
Sustainability is good business – Ikea Philippines
Ikano Retail, franchisee of Swedish label Ikea in the Philippines, recently released an overview of its sustainability direction and a report card on its performance toward 2025 sustainability targets – ranging from sustainable product sales in their stores and gender balance in the workplaces to a full accounting of its carbon emissions. .....»»
Index upside points to 7,000 level
The benchmark Philippine Stock Exchange index could retest the 6,700 resistance this week and break toward 7,000 in the near-term, analysts said......»»
Russian economy on sustainable growth trajectory - Mishustin
The country's GDP expanded above expectations last year Russia has not only withstood the pressure of Western sanctions and outside risks but has also managed to steer its economy toward sustainable growth, Prime Minister Mikhail Mishustin said on Tuesday. Every sector of industry registered positive dev.....»»
Trump wins Iowa caucus, taking first step toward a Biden rematch
(1st UPDATE) Donald Trump appears likely to win by a record-setting margin, based on early results, which would bolster his argument that he is the only Republican candidate capable of taking on Democratic President Joe Biden.....»»
Domestic demand likely softened in 2023
The Philippines is expected to have experienced a softening in domestic demand toward the end of 2023 due to a decline in consumer confidence and savings, according to UK-based think tank Pantheon Macroeconomics......»»
Baguio City seeking to forge ties with China’s Chongzuo City
The cities of Baguio and Chongzuo in China have started talking toward forging twinning and sisterhood ties......»»
SEC enhancing digital initiatives in bid to boost regulatory compliance
The Securities and Exchange Commission is further streamlining requirements and processes for regulatory compliance as it strives to chart the Philippine corporate sector’s path toward a digital-first world......»»
North Korea launches suspected intermediate-range ballistic missile that can reach distant US bases
SEOUL, South Korea — North Korea fired a suspected intermediate-range ballistic missile toward the sea on Sunday, South Korea’s military said, two months after the North claimed to have tested engines for a new harder-to-detect missile capable of striking distant U.S. targets in the region. The launch was the North’s first this year. Experts say North.....»»
As Jokowi nears end of term, Mary Jane Veloso ages in detention
An OFW rights group says the Philippine government should work harder toward Mary Jane Veloso's freedom in the context of fighting human trafficking in Southeast Asia.....»»
Nickel Asia sets net zero targets
Mining firm Nickel Asia Corp. is strengthening its commitment toward sustainability as it submitted its emissions reduction targets to the global Science Based Targets Initiative......»»
Philippines-United States economic ties enter ‘golden spot’
Amid the reinvigorated alliance between the Philippines and the United States, economic ties between the two countries have now reached a “golden spot,’’ according to New York Consul General Senen Mangalile......»»
NEDA Optimistic on Economic Growth in the PH for 2024
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»
Government urged to lift ecozone ban in Metro Manila
The government may consider lifting the moratorium on the establishment of economic zones based in Metro Manila in order to spur more economic activity and growth for the entire country, a local official said......»»
Climate change’s economic bite will hit about $38T by 2049
Climate change’s economic bite will hit about $38T by 2049.....»»
‘High level of Phl economic performance despite…’
From 2010 to the present – minus the worst year of the lockdown period of the pandemic in 2019 – Philippine economic growth performance has been consistently high, at an average of 6.4 percent......»»
News in Pictures | Fil-Ams protest trilateral meeting in DC
For the progressive groups, the trilateral summit is among the series of efforts to leverage the Philippines’ strategic geo-political location for economic and military benefit as tensions rise between the U.S. and China, “at the expense of the sovereignty of the Philippines, the economic conditions of Filipino workers, and the health of the environment.” The post News in Pictures | Fil-Ams protest trilateral meeting in DC appeared first on Bulatlat......»»