Category: Uncategorized
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Factory output growth slows in May
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MANUFACTURING OUTPUT GROWTH eased in May as production of computer, chemical, and metal products contracted, the Philippine Statistics Authority (PSA) reported on Tuesday.
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NCR wage hike unlikely to hurt economy — NEDA
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THE NATIONAL Economic and Development Authority (NEDA) on Tuesday said the wage hike in Metro Manila would have little-to-no impact on growth targets, adding that it could be offset by an investment-driven expansion of the economy.
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PHL-US civil nuclear deal enters into force
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A CIVIL NUCLEAR cooperation agreement between the United States and the Philippines, which will pave the way for US companies to export nuclear technology and material to the country, entered into force on July 2. “The Agreement will enhance our cooperation on clean energy and energy security and strengthen our…
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New taxes key to generate higher revenues — report
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THE NATIONAL GOVERNMENT (NG) may need to impose new taxes or raise tax rates in order to meet its revenue goals, GlobalSource Partners said. In a report, GlobalSource country analyst Diwa C. Guinigundo said that the government is “bent on depending on intensified tax collection to fund the deficit.” “This…
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Operational synergies crucial in JFC’s acquisition spree — analysts
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FAST-FOOD giant Jollibee Foods Corp. (JFC) is actively pursuing acquisitions, a strategy that, according to some analysts, carries inherent risks, including potential challenges in maintaining operational focus.
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XGS Energy acquires geothermal drilling services company Capuano Engineering
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Next-generation geothermal company XGS Energy has acquired global geothermal drilling and services provider Capuano Engineering Company. The post XGS Energy acquires geothermal drilling services company Capuano Engineering first appeared on ThinkGeoEnergy – Geothermal Energy News.
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New testing system in Potsdam, Germany able to simulate conditions at 10km depth
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The TrueTriax system in GFZ Potsdam in Germany allows for rock sample testing in pressure and temperature conditions found at 10 kilometers depth. The post New testing system in Potsdam, Germany able to simulate conditions at 10km depth first appeared on ThinkGeoEnergy – Geothermal Energy News.
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Nominations open for 2024 GRC Honors and Awards
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Geothermal Rising is now accepting nominations for the GRC Honors and Awards that recognizes distinguished colleagues in the global geothermal community. The post Nominations open for 2024 GRC Honors and Awards first appeared on ThinkGeoEnergy – Geothermal Energy News.
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ACTIS-Backed Levanta Renewables Makes First Investment in Thailand with 139MWp Solar Portfolio Acquisition
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Levanta Renewables, a renewable energy developer and independent power producer in Southeast Asia, owned by Actis, a leading sustainable infrastructure investor, has announced the acquisition of a 90% controlling share […] The post ACTIS-Backed Levanta Renewables Makes First Investment in Thailand with 139MWp Solar Portfolio Acquisition appeared first on SolarQuarter.
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ADB and ENGIE SA Partner to Construct 400 MW Solar Power Plant in Gujarat, India
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The Asian Development Bank (ADB) and ENGIE group have signed a long-term local currency loan agreement to construct and operate a 400-megawatt solar photovoltaic power plant in Surendranagar District, Gujarat, […] The post ADB and ENGIE SA Partner to Construct 400 MW Solar Power Plant in Gujarat, India appeared first…
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EU Strengthens Energy Cooperation With Argentina To Advance Green Transition
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In a significant step towards enhancing global energy cooperation, the European Union (EU) and Argentina have reaffirmed their commitment to advancing the green transition through a strengthened partnership. Over the […] The post EU Strengthens Energy Cooperation With Argentina To Advance Green Transition appeared first on SolarQuarter.