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SMB zooms to 2-0 lead
San Miguel Beer handed Magnolia something it hasn’t experienced all tournament long – back-to-back losses......»»
Germany mulling sale of stake in top gas importer - Bloomberg
Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar wi.....»»
Germany mulling stake sale in major gas importer - Bloomberg
Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»
Gatchalian wants to hold gencos accountable for power outages
Power-generating companies that are unable to provide a stable and steady supply of electricity should be held accountable for outages that result in economic losses, according to Sen. Sherwin Gatchalian......»»
PIDS: LGUs losing P10 billion from single power outage
Local governments are estimated to suffer over P10 billion worth of losses from a single electricity supply interruption, affecting the delivery of public services, according to the Philippine Institute for Development Studies......»»
DA: 30 percent of crops wasted due to poor logistics
Nearly a third or 30 percent of the country’s agricultural produce is wasted because of a poor logistics system, the Department of Agriculture said yesterday, as it cited the need to invest “heavily” in post-harvest facilities to reduce losses and lower commodity prices......»»
DA to build more Taguig cold storage facilities
The Department of Agriculture plans to construct more cold storage facilities at the Food Terminal Inc. in Taguig City as part of its strategy to address overproduction and minimize post-harvest losses of agricultural products, particularly vegetables and other high-value crops......»»
Bitcoins Sell The Fact Pullback Came From Exchanges: Kaiko
Title: Analysts Predict Further Price Drop for Cryptocurrencies; Investors Brace for Potential Losses As the cryptocurrency market faces ongoing volatility, analysts are predicting a further.....»»
‘Congress may review NGCP’s franchise’
The Joint Congressional Energy Commission might be convened to review and decide on the amendment or cancellation of the franchise of the National Grid Corp. of the Philippines following the region-wide power outage in Western Visayas that caused billions of pesos in economic losses, Sen. Raffy Tulfo said over the weekend......»»
Iloilo lost P3.7B during 3-day power outage
ILOILO CITY — Iloilo incurred more than P3.7 billion in economic losses during last week’s three-day power outage on the islands of Panay and Guimaras and parts of Negros. Mario Nillos, head of the Provincial Planning and Development Office (PPDO), said the province’s three electric cooperatives collectively lost over 3,351.86 megawatts of electricity from Jan......»»
Market dips as traders tracked Wall St losses
Local shares went back in the red yesterday following a tepid lead from Wall Street as traders prepare for the release of key US inflation data and start of earnings season......»»
P7.01 million shabu, P3.1 million kush seized
Anti-narcotics agents confiscated 1.03 kilos of shabu with an estimated street value of P7.01 million in Dumaguete City yesterday......»»
Jobless Filipinos hit 2 million in March 2024 — PSA
During a Wednesday morning press conference, national statistician and PSA chief Claire Dennis Mapa announced an uptick in the number of unemployed persons aged 15 and above to two million in March 2024, up from 1.8 million in February 2024......»»
EDITORIAL - 40 million without safe water
With a population estimated at 118 million as of January this year, it is disheartening to learn that 40 million Filipinos still lack access to freshwater sources......»»
Stonebridge acquires P500 million shares in RCI
Stonebridge Corp. has purchased 250 million shares or approximately nine percent of Roxas and Co. Inc. for P500 million......»»
Philippines contributes $3 million to ADF
The Philippines is providing $3 million (P171 million) to the Asian Development Bank fund meant to help poor and vulnerable economies in Asia-Pacific......»»
ADB, Buskowitz Solar ink $12 million loan for rooftop panels
The Asian Development Bank has signed a $12 million (P675 million) loan agreement with Buskowitz Solar Inc. for the installation of solar panel systems in commercial and industrial buildings’ rooftops in the Philippines......»»
Philippines FDI net inflows grow by 89.9 pct in January
MANILA, April 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 89.9 percent in January to 907 million U.S. dollars, the country's central bank said Wednesday. "The increase in FDI was supported mainly by the 173.2 percent expansion in nonresidents' net investments in debt instruments to 820 million dollars from 300 million dollars in January 2023," the Bangko S.....»»
P7 million shabu, P3 million marijuana seized
Shabu with an estimated value of P7 million was confiscated in Tagbilaran City, Bohol on Friday......»»
Artwork worth 1.2 million stolen in Italy
Thieves absconded with nearly 50 gold sculptures and pieces of jewelry Almost 20 statues and 30 pieces of jewelry worth 1.2 million ($1.3 million) have been stolen from an exhibition near Lake Garda, Italy, the Vittoriale degli Italiani estate, which hosted the display, told journalists. The stolen work.....»»