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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

Philippines foreign investments yield net outflows in March

MANILA, May 1 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 236 million U.S. dollars in March, the Philippine central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in March resulted from the 1.6 billion dollars in gross outflows and 1.4 billion dollars in gross inflows for the month. "The recorded net outflows are a reversal.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

Philippines FDI net inflows decline 6.6 pct in 2023

MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

Philippines FDI net inflows decline 6.6 pct in 2023

MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»

Category: newsSource:  manilanewsRelated NewsMar 11th, 2024

Semirara FY23 net income down 30% to P27.9-B

Semirara Mining and Power posted an FY23 net income of P27.9 billion and a Q4 net income of P5.3 billion......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

After 22 years, retirement pay given to 145 employees of IBC-13

MANILA, Philippines — After over two decades, 145 former employees of government-owned media corporation Intercontinental Broadcasting Corporation (IBC-13) have finally received their retirement pay. In a statement from the Presidential Communications Office (PCO) on Saturday, it said that at least 25 of the retirees have already passed away before they could enjoy the fruits of.....»»

Category: newsSource:  inquirerRelated NewsMay 4th, 2024

Soriano: A founder must transition from being a great golfer to a team player (Part 2)

Soriano: A founder must transition from being a great golfer to a team player (Part 2).....»»

Category: newsSource:  sunstarRelated NewsFeb 18th, 2024

China must withdraw ships from West Philippine Sea, groups say

Militant groups on Tuesday said China must withdraw its ships from the West Philippine Sea as well as its claims over islands based on bogus sovereignty......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

ICT FY23 net income down 17% to US $511-M

International Container Terminal Services, the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal, and to various other increases in expenses and liabilities......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Alternergy quarterly profit up 3198% y/y

Alternergy posted a Q2/24 net income of P24.2 million, which was up 3,198% y/y from its Q2/23 net loss of P0.8 million......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

More Pinoys do buy now, pay later transactions

Nearly 50 percent of respondents in the Philippines are likely to adopt buy now, pay later services for future transactions, according to a survey from consumer research and data analytics company Milieu Insight......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

CREIT FY23 profit: P1.4-B (up 12%)

Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

CREIT FY23 profit: P1.4-B (up 12%)

Citicore Energy REIT posted an FY23 net income of P1.40 billion, up 11.6% from its FY22 net income of P1.25 billion, powered by CREIT’s “strong guaranteed lease base” and new contributions from FY23 acquisitions from its parent company, Citicore Renewable Energy Corp......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

Myanmar junta enforces mandatory military service for young people

All men aged 18 to 35 and women aged 18 to 27 must serve for up to two years, while specialists like doctors aged up to 45 must serve for three years.....»»

Category: newsSource:  rapplerRelated NewsFeb 11th, 2024

Cebu Football Club starts PFL campaign with 4-0 thrashing of Loyola FC 

CEBU CITY, Philippines — The Cebu Football Club (CFC) Gentle Giants opened their Philippines Football League (PFL) campaign with a dominating win over Loyola FC, 4-0, on Saturday, April 6, at the former’s home stadium, the Dynamic Herb-Borromeo Sports Complex.  It was a resounding victory for the host squad to start their campaign which includes.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

Cebu Football Club starts PFL campaign with 4-0 thrashing of Loyola FC 

CEBU CITY, Philippines — The Cebu Football Club (CFC) Gentle Giants opened their Philippines Football League (PFL) campaign with a dominating win over Loyola FC, 4-0, on Saturday, April 6, at the former’s home stadium, the Dynamic Herb-Borromeo Sports Complex.  It was a resounding victory for the host squad to start their campaign which includes.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

CV wage board sets public hearing for kasambahay pay

CV wage board sets public hearing for kasambahay pay.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

SC: Disini estate to pay P100 million damages for BNPP

The Supreme Court has affirmed with finality its decision ordering the estate of late businessman Herminio Disini to pay the government damages for the US $2.3 billion mothballed Bataan Nuclear Power Plant in Morong, Bataan......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

IT-BPM revenue hits $35.5 billions

Revenues of the information technology-business process management industry climbed by more than nine percent to hit $35.5 billion in 2023 from $32.5 billion in 2022......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Philippines, Australia must maximize strategic partnership – President Marcos

The Philippines and Australia must fully maximize the potential of their strategic partnership, President Marcos said after arriving from his two-day visit to Canberra on Thursday night, describing the two nations as “forward-looking” and “law-abiding maritime states.”.....»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024