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Philippine stocks fall as investors realign holdings

Local stocks tumbled yesterday ahead of month-end realigning of portfolios......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Stocks snap 3-day rally as investors take profits

Local stocks took a breather yesterday, ending a three-day rally as investors cashed in on the market’s recent gains......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Philippine stocks rise after Wall Street gains

Philippine stocks rose yesterday, mirroring gains in the US market......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Stocks move in step with Asia-wide rally

Local stocks recovered yesterday, moving in step with Asian peers, ahead of US inflation data that could influence the Federal Reserve’s thinking on rate cuts, while the crypto world got a boost after exchange-traded funds to track Bitcoin were approved in the United States......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Philippine stocks advance following Wall Street rally

Philippine stocks bounced back yesterday, aligning with the recovery in Wall Street......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Tell it to SunStar: Complex legislation

Tell it to SunStar: Complex legislation.....»»

Category: newsSource:  sunstarRelated NewsFeb 27th, 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

Sari-sari stores post P8 billion in sales in 2023

Small neighborhood variety (sari-sari) stores in the Philippines recorded sales of more than P8 billion in 2023, more than 21 percent higher than the previous year’s tally of P6.6 billion, according to a study conducted by analytics startup Packworks......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

‘WE NEED POWER’ | Negros Occidental has up to 100MW power shortage at night

‘WE NEED POWER’ | Negros Occidental has up to 100MW power shortage at night.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Unleashing a Pinay’s power via ‘Pinay Power’

Unleashing a Pinay’s power via ‘Pinay Power’.....»»

Category: newsSource:  sunstarRelated NewsFeb 18th, 2024

Rice inventory drops to 17-month low

The country’s rice stocks in February fell to their lowest level in more than a year despite higher imports recorded at the start of the year......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Biz Leaders Welcome Coal-Fired Power Plant Expansion in Toledo City to Prevent Outages

Business stakeholders in Cebu welcomed the expansion project of a coal-fired power plant in Toledo City as a way to prevent outages that happened in Aklan early this year. They said that concerns about the environment will be “outweighed” by the economic benefits that will come with more power supply considering the dwindling reserves in […].....»»

Category: newsSource:  metrocebuRelated NewsJan 29th, 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

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......»»

Category: newsSource:  inquirerRelated NewsJan 13th, 2024

SP New Energy suspension lifted after Solar Philippines donates another 220 million SPNEC shares

The PSE lifted the suspension that had affected SP New Energy shares since January 26 after SPNEC said that Solar Philippines Power Project Holdings Inc. had donated 220 million SPNEC shares to Asia Pacific Institute for Green Development on January 24, and that the donation had increased SPNEC’s public float [link] back above the 20% minimum threshold for active trading......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

US CPI for December slightly hotter than expected

The data for the US Consumer Price Index in December showed that prices increased 3.4% y/y, which was higher than the November CPI result (3.1% y/y) and (more importantly) higher than the consensus expectations in the market of a 3.2% y/y increase......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

‘ENSURE POWER STABILITY’ | Lacson urges more renewable power investors

‘ENSURE POWER STABILITY’ | Lacson urges more renewable power investors.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

Use of WTE for power generation faces opposition

International groups have warned against the use of waste-to-energy for power generation, claiming that the technology is more expensive and likely to produce pollutants that are more toxic......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

First Gen spots additional RE sites in Nueva Ecija

Lopez-led First Gen Corp. is looking at several areas near its hydroelectric power plant complex in Pantabangan, Nueva Ecija as potential sites for the development of solar and wind farms, as well as a battery energy storage system......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

First Gen seeks bids for LNG supply

Lopez-owned First Gen Corp. is seeking bids for the supply of liquefied natural gas for its existing gas-fired power plants in the First Gen Clean Energy Complex in Batangas......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024