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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

Strategizing Island Sports

By: Ferdz M. Brizo / FB-Eye Happy New Year, dear Radio Listeners! Let’s welcome the new year with joy and hope in our hearts. Always remember that there is always hope, despite the challenges. If 2023 hasn’t been lucky for us, a change in fortune is sure to come in 2024, the Year of the […] The post Strategizing Island Sports appeared first on Bicol Peryodiko......»»

Category: newsSource:  bicolperyodikoRelated NewsJan 20th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsApr 24th, 2024

Philippines to revitalize seaweed industry to regain top exporter

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday vowed to revitalize the country's seaweed industry by beefing up the government support to local seaweed producers and boosting the potential of the second biggest export earner in Philippine aquaculture. Philippine Agriculture Secretary Francisco Tiu Laurel expressed optimism about the Philippine seaweed industry's potential t.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

Philippines to revitalize seaweed industry to regain top exporter

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday vowed to revitalize the country's seaweed industry by beefing up the government support to local seaweed producers and boosting the potential of the second biggest export earner in Philippine aquaculture. Philippine Agriculture Secretary Francisco Tiu Laurel expressed optimism about the Philippine seaweed industry's potential t.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

Slower US Inflation Spurs Fed Rate-Cut Optimism

Title: Inflation Slows in the US, Raising Expectations of Interest Rate Cut Subtitle: International Economic Developments to Impact Global Markets Date: [Current Date] Byline: [Your.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 11th, 2024

What’s gov’t’s next move on peace talks resumption?

At the start of December 2023, I wrote in this space that “an atmosphere of optimism pervaded the nation.” It was spurred by the joint announcement by the government and the National Democratic Front of the Philippines (NDFP) of an agreement to return to peace negotiations, possibly to begin in the first quarter of 2024......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

Positive movement in S& P 500 futures following Meta and Amazon results preceding upcoming jobs report

Title: Tech Giants Fuel Market Optimism Amidst Fears of Rate Cuts in March Date: [Insert Date] Word Count: [300-400 words] The Daily Guardian – Amidst.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 2nd, 2024

BSP Governor Eyes Potential Rate Cut as Inflation Eases

In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

More Pinoys hopeful for better economy, quality of life

Although still less than a majority, optimism for a better economy and personal quality of life have both increased at the end of 2023, according to a survey conducted by the OCTA Research group......»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

Philippine economy growth may reach 6 pct to 7 pct in 2023: Marcos

MANILA, Jan. 11 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila......»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Xinhua world news summary at 1500 GMT, Jan. 11

MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

US Reveals Second Wave of Strikes on Houthis, Braces for Reprisals

U.S. and British officials are expressing optimism a day after the two countries unleashed what is now being described as two waves of strikes against Houthi positions in Yemen, retaliation for weeks of Houthi attacks that have disrupted shipping and damaged vessels transiting the Red Sea and Gulf of Aden.A U.S. defense official told VOA Friday that the initial assessment indicates the first wave of precision st.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

US Reveals Second Wave of Strikes on Houthis, Braces for Reprisals

U.S. and British officials are expressing optimism a day after the two countries unleashed what is now being described as two waves of strikes against Houthi positions in Yemen, retaliation for weeks of Houthi attacks that have disrupted shipping and damaged vessels transiting the Red Sea and Gulf of Aden.A U.S. defense official told VOA Friday that the initial assessment indicates the first wave of precision st.....»»

Category: newsSource:  manilanewsRelated NewsJan 13th, 2024

Philippine economy growth may reach 6 pct to 7 pct in 2023: Marcos

MANILA, Jan. 11 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila......»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Xinhua world news summary at 1500 GMT, Jan. 11

MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

2 Entrepreneurial Skills to Learn in 2024

As captains of small businesses, owners are responsible for steering their respective works of love through unpredictable waters. This comes more important in 2024, where a new set of challenges await, calling for a new set of abilities to learn and master. As we set sail into 2024, the importance of honing specific skills becomes […].....»»

Category: newsSource:  metrocebuRelated NewsJan 18th, 2024

PNP chief: No need for new war on drugs

Newly installed Philippine National Police chief Gen. Rommel Francisco Marbil sees no need to declare a war on drugs for the country to achieve drug-free status......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Marcos to new PNP chief Marbil: Address terrorism, cybercrime

MANILA, Philippines — President Ferdinand Marcos Jr. on Monday directed newly appointed Philippine National Police (PNP) chief Major General Rommel Francisco Marbil to help the government address emerging threats to the country’s peace and order. During a ceremony for the PNP change of command held in Camp Crame, Quezon City, Marcos told Marbil: “You have.....»»

Category: newsSource:  inquirerRelated NewsApr 1st, 2024

SC fines PAO chief P180,000 for contempt

The Supreme Court has slapped a fine of P180,000 on Public Attorney’s Office chief Persida Acosta over her statements against the “conflict of interest” provision in the new lawyers’ code of conduct, citing her for indirect contempt and grossly undignified conduct prejudicial to the administration of justice......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024