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Duterte wants “Independent Mindanao”, but Mindanao solons oppose
While opposing the people’s initiative for charter change which he believes is orchestrated by the Marcos administration, former President Rodrigo Duterte says he is pushing the idea to secede Mindanao. .....»»
FACT CHECK | Mindanao comprises 28 provinces, not 27 as ‘Kulas’ writes
The Facebook post of famous Canadian vlogger BecomingFilipino that Mindanao has 27 provinces is wrong. Mindanao comprises 28 provinces as of September 2023, after Maguindanao province was divided into Maguindanao del Sur and Maguindanao del Norte with the ratification of Republic Act 11550 (An Act Dividing the Province of Maguindanao Into Two Provinces, namely: Maguindanao […].....»»
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......»»
Meralco expects higher generation charge this month
Energy utility provider Manila Electric Co. said indications point to a higher generation charge this month as the Luzon grid was placed under red and yellow alerts with several power plants are either offline or running at a reduced capacity......»»
‘Problematic power generation doubled electricity cost’
From P6 to P7 per kilowatt-hour, the cost of electricity has doubled to P11 per kwh due to problematic power generation, according to Sen. Sherwin Gatchalian......»»
‘Millennials most financially literate generation in Philippines’
Generation Y, colloquially known as the millennials, are considered as the most financially literate generation of Filipinos, whose long-term financial goals are likely to be met......»»
Job generation master plan out in Q4 – NEDA
The National Economic and Development Authority is looking to complete the country’s employment generation master plan in the fourth quarter of the year......»»
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......»»
AMD Launches Frame Generation Tech DX11, DX12 Games in First Driver Release in 2024
AMD introduced a frame-generating technology called Fluid Motion Frames (AFMF) for all users in its first official driver release for 2024. The latest development comes as HYPR-RX, embedded in the drivers, now enables gamers to enhance frame generation for ‘any’ DirectX 11 or DirectX 12 games, marking a shift from the previous preview status of […].....»»
‘Philippines needs more distributed, adaptable power generation’
Manila-based climate and energy policy group Institute for Climate and Sustainable Cities has underscored the immediate need for increased distribution and adaptable power generation in the country in light of the recent blackouts in Panay.....»»
Analysts mixed on timing of BSP rate cut
Local and foreign analysts are divided on whether the Bangko Sentral ng Pilipinas (BSP) has room to cut ahead of the US Federal Reserve, as doing so may put pressure on the peso......»»
Moody’s: BSP rate cut could start in August
The Bangko Sentral ng Pilipinas could cut borrowing costs by 25 basis points as early as August, and another 25 bps in the fourth quarter, if inflation and the peso stabilize in the second half of the year, Moody’s Analytics said......»»
First rate cut likely 25 basis points - The Manila Times
MONETARY authorities will cut key interest rates by 25 basis points (bps) once inflation settles around the midpoint of the target range, the chief of the Bangko Sentral ng Pilipinas (BSP) said. "Right now, if we ease, it will just be 25 basis points. But we'll see," central bank Governor Eli Remolona Jr. told reporters on Monday. "Anything more than 25 [bps], it's like there's a recession alrea.....»»
Magic beat Cavaliers 121-83 to cut their deficit to 2-1
Magic beat Cavaliers 121-83 to cut their deficit to 2-1.....»»
Maybe no Fed rate cuts in FY24?
A recent CNBC article captured the growing concern that the US Federal Reserve’s first rate cut – the infamous “pivot” – might not happen until “at least September”, and discusses a few analysts (including those from Bank of America) who have said that there is “real risk” that the first cut might not even come until March 2025......»»
29 housing projects to cut backlog in CL
29 housing projects to cut backlog in CL.....»»
Geopolitics, rate cut delays could spoil IPO rebound in 2024
Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»
Some developers cut through Chocolate Hills – DENR
Some project developers cut through the Chocolate Hills in Bohol during the construction of their structures, Environment Secretary Maria Antonia Yulo-Loyzaga said, reiterating that this is prohibited under the National Integrated Protected Areas System (NIPAS) law......»»
Coco hindi ma-cut ang eksena nina Jaclyn at Irma: Parang boksing! Hayup!
NAPANGANGA at natulala na lang ang Teleserye King na si Coco Martin habang idinidirek sina Jaclyn Jose at Irma Adlawan sa “Batang Quiapo.” Kuwento ni Coco, hirap na hirap siya bilang direktor ng “Batang Quiapo” lalo na sa pagsigaw ng “Cut!” sa mga bardagulang eksena nina Jaclyn at Irma. Sey ng premyadong actor-producer hanggang ngayon.....»»
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.....»»