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GCash preparing for IPO in the last half of 2024

Oscar Reyes Jr., the CEO of GCash operator G-Xchange [link], said that they’re “preparing internally so that we can be ready this year” for an IPO, but clarified that “it is a question of the market, not of GCash, as the market has yet to rebound fully.”.....»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

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

Ferrari stock surges on upbeat 2024 profit forecast, as luxury demand remains strong

Ferrari Exceeds Expectations with Strong Q4 Sales Results Italian luxury car manufacturer Ferrari has achieved outstanding sales results in the fourth quarter of 2023, leading.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 2nd, 2024

Philippines lodges strong protest with China over water cannon attack in disputed South China Sea

Manila [Philippines], March 25 (ANI): In the wake of accusation by the Philippines that the Chinese Coast Guard wounded three of its soldiers during a water cannon attack in the disputed South China Sea, Manila on Monday summoned Beijing's envoy to lodge its strong protest, Al Jazeera reported. The Philippines Department of Foreign Affairs, in a statement said that Manila conveyed its "strong protest against the aggressiv.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

Philippines lodges strong protest with China over water cannon attack in disputed South China Sea

Manila [Philippines], March 25 (ANI): In the wake of accusation by the Philippines that the Chinese Coast Guard wounded three of its soldiers during a water cannon attack in the disputed South China Sea, Manila on Monday summoned Beijing's envoy to lodge its strong protest, Al Jazeera reported. The Philippines Department of Foreign Affairs, in a statement said that Manila conveyed its "strong protest against the aggressiv.....»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

New Car District showroom opens to address demand for local and imported cars

In response to the rising demand for premium brand-new and pre-owned cars, Car District opens its showroom along M.L. Quezon Street, Casuntingan, Mandaue City, Cebu, curating a collection of foreign and local car brands for its discerning clientele. The ceremonial ribbon-cutting for the opening of the new Car District showroom was led by Jonas Dy.....»»

Category: newsSource:  inquirerRelated NewsMay 4th, 2024

Youth, labor groups demand release of 6 activists arrested on Labor Day

“Peaceful and justified,” these are the words of Azrael de Guzman, one of the six arrested youth activists during the May 1 protest, in an open letter to the public, calling for their immediate release. The post Youth, labor groups demand release of 6 activists arrested on Labor Day appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMay 3rd, 2024

Cebu Daily Newscast: P25 fare increase: Jeepney drivers to demand this hike if…

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Thursday, May 2, 2024. P25 fare increase: Jeepney drivers to demand this hike if… Ordinary passengers who rely on commuting daily will face a much greater burden on their wallets, as jeepney drivers will.....»»

Category: newsSource:  inquirerRelated NewsMay 2nd, 2024

Banks see higher loan demand in Q2

Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Filinvest, KMC answer rising demand for co-working spaces

Gotianun–led property developer Filinvest Land Inc. (FLI) is teaming up with global co-working space provider KMC Community Inc. to address rising demand for co-working spaces in the Philippines......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Workers demand wage hike anew

With just a few days before Labor Day, hundreds of workers from trade unions yesterday gathered to form stronger ties and demand a legislated wage increase......»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

Shipowners demand PPA fee review, cite indirect taxation

Shipowners demand PPA fee review, cite indirect taxation.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

Korean youth driving demand for Philippines flights

South Korea’s flag carrier expects to fly about 1.7 million passengers to and from the Philippines this year, optimistic that tourism demand will be sustained by the traveling youth......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

Groups demand investigation on ‘summary execution’ of former UP student leader

“The willful killing of Peralta by the military, who was unarmed at the time of her arrest, is a war crime that can never be justified under any circumstance. This is a blatant violation of (the IHL),” GABRIELA secretary general Clarice Palce said in a separate statement. The post Groups demand investigation on ‘summary execution’ of former UP student leader appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 17th, 2024

As prices increase, farmers demand repeal of Rice Liberalization Law

“Farmers and consumers are demanding the strengthening of the rice industry as a solution to the perennial rice inflation, now nearing an all-time high rate that is expected to continue until July." The post As prices increase, farmers demand repeal of Rice Liberalization Law appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 15th, 2024

Farmers, fishers demand immediate relief for El Niño impacts

“NFA should release the rice from warehouses and distribute it to farmers and fishermen who lost their income due to El Niño instead of making a profit and selling to private traders. Many are already complaining of hunger and loss, so the distribution of aid and compensation should be stepped up." The post Farmers, fishers demand immediate relief for El Niño impacts appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 5th, 2024

Demand for PCs softens last year

Issues on government procurement and a decline in corporate demand led to fewer orders for personal computers last year, a global IT market intelligence firm said......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand

‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand.....»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Demand high for production workers

Demand high for production workers.....»»

Category: newsSource:  sunstarRelated NewsMar 29th, 2024

Urbanization fuels high demand for furniture

Urbanization fuels high demand for furniture.....»»

Category: newsSource:  sunstarRelated NewsMar 26th, 2024