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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

Figaro quarterly profit up 7% y/y (121% q/q)

Figaro posted a Q2 profit of P195 million, up 7% from its Q2/22 profit of P182 million, and up 121% from its Q1 profit of P88 million......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

RCBC surrenders trust license

Rizal Commercial Banking Corp. has surrendered its license to engage in trust and other fiduciary business as part of its efforts to make RCBC Trust Corp. a stand-alone trust entity......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

RCBC the best PH bank by network uptime, and UBP ranks at the bottom

Brankas, a Singapore-based fintech software and services provider, published its first annual ASEAN Bank Stability Report to measure the network uptime performance of ASEAN-region banks, and RCBC finished in the top spot among banks in the Philippines with an uptime of 98.3% (31 hours total downtime) including a stretch of seven months with zero downtime events......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

RCBC auto, housing loans hit P121 billion

Yuchengco-led Rizal Commercial Banking Corp. (RCBC) sustained its auto and housing loan portfolio last year, rising by 24 percent to P121 billion amid high demand......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

RCBC personal loans go digital

Rizal Commercial Banking Corp. has debuted its latest innovation this 2024, integrating personal loans in its all-in-one digital banking app RCBC Pulz......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

RCBC raises $400 million from oversubscribed sustainability notes

Rizal Commercial Banking Corp. (RCBC) has raised $400 million from its return to the offshore debt market as investors swarmed its sustainability note issuance......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Kumong Bol-Anon 15 bares complete fight card

CEBU CITY, Philippines– The complete fight card for the much-anticipated “Kumong Bol-Anon 15” of the PMI Bohol Boxing Promotions was officially unveiled. The April 30 fight card will feature a total of six bouts that will be held at the Holy Name University gymnasium in Tagbilaran City, Bohol. The main event is considered one of.....»»

Category: newsSource:  inquirerRelated NewsApr 23rd, 2024

Rommel Padilla nipalag sa quote card nga nitira ni Kathryn: Kondenahin!

Nipalag ang kanhi action star nga si Rommel Padilla sa nigawas nga quote card kabahin kuno sa pagkacheater sa anak niya nga si Daniel Padilla. Way kamatuoran ang nasuwat sa usa ka social media quote card nga nikaylap na karon diin gidepensahan niya si DJ sa paghaylo kuno niya ni Kathryn Bernardo. Gi-repost ni Rommel.....»»

Category: newsSource:  inquirerRelated NewsApr 19th, 2024

Rommel Padilla umaray sa quote card na tumitira kay Kathryn: Kondenahin!

INALMAHAN ng dating action star na si Rommel Padilla ang lumabas na quote card tungkol sa umano’y pagiging “cheater” ng anak niyang si Daniel Padilla. Wala raw bahid ng katotohanan ang nakasulat sa isang social media quote card na kalat na kalat na ngayon kung saan “dinedepensahan” niya si DJ sa sinasabing panloloko raw nito.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

CARD MRI clinches Digital Financial Inclusion Award

CARD Mutually Reinforcing Institutions (CARD MRI) was selected as one of the five microfinance institution (MFI) winners at the 2nd Digital Financial Inclusion Awards......»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2024

CARD MRI plants 750 mangrove trees in Oriental Mindoro

CARD Mutually Reinforcing Institutions (CARD MRI) planted 750 mangrove trees in Brgy. Baruyan, Calapan City, Oriental Mindoro on October 7, 2023......»»

Category: lifestyleSource:  abscbnRelated NewsMar 26th, 2024

CARD Inc. Medical Services opens in Tanauan, Leyte

CARD, Inc. - CARD MRI’s Microfinance and Health Protection (MaHP) opens a clinic and laboratory facility that offers medical services in Tanauan, Leyte on October 5, 2023......»»

Category: newsSource:  samarnewsRelated NewsMar 22nd, 2024

CCAP: Current credit card rate cap sufficient

The Credit Card Association of the Philippines said it fully supports the assessment process of the Bangko Sentral ng Pilipinas in adjusting or keeping the cap on credit card charges, adding that the current ceiling is sufficient......»»

Category: financeSource:  philstarRelated NewsMar 19th, 2024

CARD MBA marks 24th year with AcciPlan launch and notable achievements

CARD Mutual Benefit Association (CARD MBA) highlighted its latest microinsurance product, AcciPlan, during its 24th anniversary celebration, on September 7, 2023......»»

Category: sportsSource:  abscbnRelated NewsMar 15th, 2024

Security Bank drives digital transformation of wealth management business with Avaloq

Security Bank drives digital transformation of wealth management business with Avaloq.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

RCBC credit cards now made from recycled PVC

Yuchengco-led Rizal Commercial Banking Corp. has phased out single-use plastics and shifted to recycled polyvinyl chloride plastic in producing its credit cards as part of its efforts to lessen carbon emissions and promote sustainability......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Blockbuster card in Mandaue

A seven-fight, 58-round card called Engkwentro 13 is guaranteed to rock the Mandaue Cultural and Sports Complex on May 1 with a pair of WBO Oriental championships at stake in a double main event featuring undefeated prospects and a former two-time world titlist gunning for another crack at the crown.....»»

Category: sportsSource:  philstarRelated NewsApr 21st, 2024

Rommel Padilla cries foul over fake quote card defending son Daniel Padilla

Actor Rommel Padilla cried foul over a fake quote card of him defending his son Daniel Padilla for being a cheat. .....»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

Busting credit card fraud rings

Credit card scams could happen to you, especially as the world becomes an increasingly cashless global village......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024