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LWUA firm on intervention as MCWD water leakage increases

CEBU CITY, Philippines –The battle over authority continues in the Metropolitan Cebu Water District (MCWD) as the Local Water Utilities Administration (LWUA) stands firm in its decision on the six-month intervention, despite the status quo stance. The LWUA expressed confusion as to why the incumbent MCWD board would not honor the partial intervention, clarifying that.....»»

Category: newsSource:  inquirerRelated NewsMar 21st, 2024

NexGen Energy wants to follow sister firm REDC’s IPO success

NexGen Energy Corp., a wholly owned subsidiary of Pure Energy Holdings Corp. and a sister company of publicly listed Repower Energy Development Corp., is keen on its own initial public offering as it prepares to develop over 2,350 megawatts of solar and wind power projects over the next 10 years......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

PSALM expects P100 billion from CBK privatization

The Power Sector Assets and Liabilities Management Corp. (PSALM) is expected to generate as much as P100 billon from the privatization of the 796.46-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Laguna, bolstering the cash position of the cash-strapped state firm......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

CCS approves Rs 19,000 cr mega Indian Navy deal for BrahMos missiles

By Ajit DubeyNew Delhi [India], February 22 (ANI): In a mega boost for the Indian Navy, the Cabinet Committee on Security has cleared the acquisition of over 200 BrahMos extended-range supersonic cruise missiles for deployment on its warships. The deal worth around Rs 19,000 crore was cleared in a meeting held on Wednesday evening, top government sources told ANI. The contract is set to be signed in the first week of Marc.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

CCS approves Rs 19,000 cr mega Indian Navy deal for BrahMos missiles

By Ajit DubeyNew Delhi [India], February 22 (ANI): In a mega boost for the Indian Navy, the Cabinet Committee on Security has cleared the acquisition of over 200 BrahMos extended-range supersonic cruise missiles for deployment on its warships. The deal worth around Rs 19,000 crore was cleared in a meeting held on Wednesday evening, top government sources told ANI. The contract is set to be signed in the first week of Marc.....»»

Category: newsSource:  manilanewsRelated NewsFeb 22nd, 2024

PetroGreen unit, SNAP close power supply deal

A subsidiary of Yuchengco-led PetroGreen Energy Corp. has signed a power supply agreement with SN Aboitiz Power Group......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

First power privatization under President Marcosgets PCC nod

The country’s antitrust agency has cleared the first power privatization project under the Marcos administration as the deal is unlikely to reduce competition in the market......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

DTI eyes completion of ITA IRR by March 19

The Department of Trade and Industry (DTI) is hoping to complete the implementing rules and regulations (IRR) of the Internet Transactions Act (ITA) by March 19, according to an official of the agency......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Energy policy failure

The Department of Energy has revealed that the total capacity of power plants in forced outages has more than doubled over the past two weeks compared to the average 700 MW recorded over the last four years. Of course. What would they expect after officials of the DOE, past and present, did nothing about the inconvenient reality that 50 percent of our operating power plants are over 20 years old and are losing their reliability......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

AboitizPower eyes additional 1200 MW of renewable energy

Aboitiz Power Corp. is planning to develop mostly solar and wind power plants in the country as part of efforts to boost its renewable energy portfolio to about 1200 megawatts......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

When It’s Time to Say Goodbye to That Credit Line

Credit lines can be a double-edged sword for those who are undisciplined with money. On one hand, they offer a very convenient access to funds for emergencies or purchases. On the other hand, the ease of swiping a card or making a purchase through an online-only use credit line can mask the reality that the […].....»»

Category: newsSource:  metrocebuRelated NewsMay 16th, 2024

US Defence Secretary holds talks with Chinese counterpart, first since 2022

Washington [US], April 17 (ANI) United States Defence Secretary Lloyd Austin and and his Chinese counterpart Dong Jun held talks in nearly 18 months and discussed US-China defence relations and regional and global security issues, the Pentagon said. In the meeting held via videoconference on Tuesday, Austin stressed the importance of keeping military-to-military communication lines between the US and China open, it said......»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

US top diplomat for East Asia to visit China amid tensions in South China Sea

Washington, DC [US], April 14 (ANI): US Assistant State Secretary for East Asian and Pacific Affairs Daniel J. Kritenbrink is set to begin his visit to China today (Sunday) to meet Chinese officials as part of ongoing efforts to maintain open lines of communication between the two countries. The US official, Kritenbrink, will be on his visit to China from April 14 to 16. "Assistant Secretary of State for East Asian and Pa.....»»

Category: newsSource:  manilanewsRelated NewsApr 14th, 2024

Biden tells China s Xi to stay out of US elections

Washington - President Joe Biden again warned Chinese President Xi Jinping against meddling in the November U.S. presidential election during the two leaders' phone call Tuesday. The call is part of U.S. efforts to maintain "open lines of communication to responsibly manage competition and prevent unintended conflict," the White House said.In various engagements, the U.S. has raised its "continual reinforcement.....»»

Category: sportsSource:  abscbnRelated NewsApr 2nd, 2024

The Importance of Still Keeping Loose Change

In the Philippines, the convenience of digital payments is quickly becoming the norm. There are now fewer lines to the ATMs every payday, people are now using their phones more for payments, and digital banks are becoming more prevalent. Amidst the digital transformation the country is undergoing, we often hear “I don’t have cash” from […].....»»

Category: newsSource:  metrocebuRelated NewsMar 20th, 2024

Political warfare

The battle lines are being drawn between the feuding camps in the (dis)UniTeam. Will it lead to something good for Juan and Juana de la Cruz?.....»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

Maynilad plugs pipe leaks in Sampaloc

West zone concessionaire Maynilad Water Services Inc. has spent P208 million to replace nearly one kilometer of “old and leaky” primary lines in Manila, recovering three million liters per day of potable water......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

Apolinario rises from knockdown to stop Thai, earns world title shot

Dave Apolinario lines himself up for a world title crack this year, but not after the pride of Maasim, Sarangani managed to survive the first knockdown of his career.....»»

Category: newsSource:  rapplerRelated NewsFeb 22nd, 2024

Anthony Jennings is on pace to be the next big thing

“Mama mo!” and “Nakatapak ka ng jackpot!” are some of the unlikely punchlines that have become memorable funny lines thrown by rising star Anthony Jennings in the hit Netflix and TV5 show “Can’t Buy Me Love.”.....»»

Category: entertainmentSource:  philstarRelated NewsJan 27th, 2024

Irene-Snoop banters on Can t Buy Me Love mostly unscripted — Maris Racal, Anthony Jennings

Actors Maris Racal and Anthony Jennings revealed that their funny, kilig-inducing lines on the nightly show "Can't Buy Me Love" were mostly not scripted. .....»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024