Category: Uncategorized
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PHL has room to raise taxes — IMF
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THE PHILIPPINES’ fiscal consolidation plan may be too “ambitious,” the International Monetary Fund (IMF) said, noting that the government still has room to raise taxes to generate much-needed revenues.
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April trade gap widest in 5 months
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THE PHILIPPINES’ trade deficit narrowed year on year in April but posted the widest level in five months, as exports and imports posted double-digit growth, the statistics agency said on Tuesday.
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Banking industry outlook is ‘improving,’ says Fitch
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THE PHILIPPINE BANKING industry’s revenue prospects are seen to further improve this year amid strong lending growth and an expected delay in policy easing, Fitch Ratings said. In a commentary, Fitch said that it revised its outlook on the Philippine banking sector to “improving” from “neutral.” “We expect banks to…
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New vehicle sales rise by 5.5% in May
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PHILIPPINE AUTOMOTIVE SALES rose by an annual 5.5% in May, amid “good consumer demand,” according to an industry group.
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SMC firm on double-digit growth target for 2024 — Ramon Ang
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SAN MIGUEL Corp. (SMC) President and Chief Executive Officer Ramon S. Ang said the conglomerate is sticking to its double-digit growth target for the year despite economic uncertainties. “As you can see in the first quarter results of San Miguel Group, we are growing double-digit on revenue and operating income,”…
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JV of Meralco unit, PhilTower faces ‘more in-depth’ PCC scrutiny
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THE Philippine Competition Commission (PCC) on Tuesday said it has started a “more in-depth assessment” of a proposed joint venture (JV) between independent tower companies Phil-Tower Consortium, Inc. (PhilTower) and Miescor Infrastructure Development Corp. (MIDC). “On May 4, the Commission directed the PCC Mergers and Acquisitions Office to open a Phase 2…
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New Geothermal Atlas shows shallow geothermal potential in Vienna, Austria
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GeoSphere Austria has launched Geothermal Atlas, an online tool for assessment of potential for geothermal heating and cooling in Vienna, Austria. The post New Geothermal Atlas shows shallow geothermal potential in Vienna, Austria first appeared on ThinkGeoEnergy – Geothermal Energy News.
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OU team pitches geothermal greenhouse design for Osage Nation in Oklahoma
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Following their Geothermal Collegiate Competition win, a team from the University of Oklahoma showed their geothermal greenhouse project at a community event. The post OU team pitches geothermal greenhouse design for Osage Nation in Oklahoma first appeared on ThinkGeoEnergy – Geothermal Energy News.
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SolarEdge Announces Appointment of New SVP Finance and CFO Transition Plan
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SolarEdge Technologies, Inc., a global leader in smart energy technology, announced the appointment of Ariel Porat as Senior Vice President, Finance. The appointment comes as part of a succession plan […] The post SolarEdge Announces Appointment of New SVP Finance and CFO Transition Plan appeared first on SolarQuarter.
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JinkoSolar’s 182 mm TOPCon Module Reaches Highest Conversion Efficiency of 25.42%
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JinkoSolar Holding Co., Ltd., one of the largest and most innovative solar module manufacturers in the world, announced a significant breakthrough in the development of its N-type TOPCon solar module. Tested […] The post JinkoSolar’s 182 mm TOPCon Module Reaches Highest Conversion Efficiency of 25.42% appeared first on SolarQuarter.
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Minister of Energy and Hydrocarbons Delivers Opening Remarks at The Solar Week Madagascar 2024
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The Solar Week Madagascar 2024 Conference & Awards, organized by SolarQuarter, took place on June 6, 2024, at the Radisson Hotel Tamboho Waterfront in Antananarivo. Running from 09:00 to 17:00 […] The post Minister of Energy and Hydrocarbons Delivers Opening Remarks at The Solar Week Madagascar 2024 appeared first on…