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‘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......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Ong: Electricity cost

Ong: Electricity cost.....»»

Category: newsSource:  thenewstodayRelated NewsApr 10th, 2024

Japanese offer tech to cut cost of road repairs

Japan-backed tech innovators are bringing into the Philippines a new service that lowers the cost of fixing road damage by analyzing and recording them through a satellite......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

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

Cebu Pacific wins accolades as among best low-cost, Safe Airlines

Cebu Pacific wins accolades as among best low-cost, Safe Airlines.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Cebu Pacific named among safest budget carriers globally

Low-cost carrier Cebu Pacific has landed as one of the safest low-cost airlines in the world, beating nearly 400 global operators in terms of compliance with international standards, according to AirlineRatings.com......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Billie Eilish announces new album Hit Me Hard and Soft, will have no singles

Award-winning singer-songwriter Billie Eilish announced her third album "Hit Me Hard and Soft" will drop in full on May 17......»»

Category: sportsSource:  abscbnRelated NewsApr 9th, 2024

Billie Eilish announces new album Hit Me Hard and Soft, will have no singles

Award-winning singer-songwriter Billie Eilish announced her third album "Hit Me Hard and Soft" will drop in full on May 17......»»

Category: sportsSource:  abscbnRelated NewsApr 9th, 2024

Natural farming ‘solution’ to woes of farmers hit hard by extreme weather

Natural farming ‘solution’ to woes of farmers hit hard by extreme weather.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 9th, 2024

Natural farming ‘solution’ to woes of farmers hit hard by extreme weather

Natural farming ‘solution’ to woes of farmers hit hard by extreme weather.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 9th, 2024

Blue Knights’ teamwork, hard work

Blue Knights’ teamwork, hard work.....»»

Category: newsSource:  sunstarRelated NewsMar 12th, 2024

Eugenio: Nurturing growth in children without the hard knocks

Eugenio: Nurturing growth in children without the hard knocks.....»»

Category: newsSource:  sunstarRelated NewsFeb 10th, 2024

Valderrama: Learning the hard way

Valderrama: Learning the hard way.....»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Germany spending billions to replace nuclear power

The EU's largest economy is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earl.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024

EU s largest economy spending billions to replace nuclear power

Germany is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earlier this week.&nb.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 11th, 2024

Cebu Pacific books P8 billion profit in 2023

Low-cost carrier Cebu Pacific found itself landing on solid ground in 2023, as it booked a profit of nearly P8 billion on the back of a resurgent demand for air travel......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

Man-made disasters cost Philippines 164.87 mln USD in 2023

MANILA, March 26 (Xinhua) -- Man-made disasters caused the total damage in the Philippines worth 9.29 billion pesos (164.87 million U.S. dollars) in 2023, the Philippine Statistics Authority (PSA) said Tuesday. The agency said that out of the total annual damage, 4.93 billion pesos (87.5 million dollars), or 53.1 percent, was due to the oil spill. "The reported oil spill in various regions resulted in dam.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

Landmark power joint venture to cost $3.3 billion

Energy powerhouses Meralco PowerGen Corp. (MGen), Aboitiz Power Corp. and San Miguel Global Power Holdings Corp. (SMGP) have forged a $3.3-billion deal to help boost the country’s energy security and make affordable power accessible to more consumers......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Globe sets 2024 capex at P55 billion, a 5-year low

Mobile giant Globe Telecom Inc. is bringing down its capital expenditures to a five-year low of P55 billion in 2024, as the telco works on attaining a certain cost efficiency for financial health......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

NEDA welcomes award of NAIA PPP

The award of the contract for the P170.6-billion project to rehabilitate the Ninoy Aquino International Airport highlights the emphasis of the Marcos administration in providing world-class air transportation infrastructure to achieve the government’s economic transformation agenda, according to the National Economic and Development Authority......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024