Tag: billion
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P9 Billion Pasay City budget for 2025 questioned; call for transparency in health services funding urged
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Pasay City Councilor and Mayoral candidate Wowee Manguerra expressed alarm over the “bloated” budget of the city for 2025, amounting to P9 billion, with a significant portion allocated to the City Health Office and Pasay General Hospital. According to Manguerra, it is puzzling that the Pasay City Government is allocating…
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BPI raises P33.7 billion from SEED Bonds
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BANK of the Philippine Islands (BPI) raised P33.7 billion from its offering of 1.5-year Sustainable, Environmental, and Equitable Development (SEED) Bonds, well above its P5-billion goal, it said on Friday. “On behalf of BPI, I am honored to share that our bond offering has been met with remarkable enthusiasm from…
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Week In MiddleEast: DEWA CEO Saeed Mohammed Al Tayer And GE Vernova CEO Joseph Anis Discuss Sustainable Energy Collaboration; Masdar And Endesa Partner In Spain For €1.7 Billion Renewable Energy Project; And More
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DEWA CEO Saeed Mohammed Al Tayer And GE Vernova CEO Joseph Anis Discuss Sustainable Energy Collaboration HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority […] The post Week In MiddleEast: DEWA CEO Saeed Mohammed Al Tayer And GE Vernova CEO Joseph Anis Discuss Sustainable…
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BoI greenlights P202.97 billion investments in July
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The Board of Investments (BoI) approved P202.97 billion worth of investment in July, up 24038% from the P840.9 million investments approved in the same month last year. In a statement on Friday, the BoI said that 30 projects were greenlighted last month which are expected to generate 8,931 direct jobs.…
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EU Greenlights €1.2 Billion Scheme To Advance Spain’s Net-Zero Hydrogen Projects
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The European Commission has given the green light to a €1.2 billion Spanish initiative designed to enhance investments in renewable hydrogen production, accelerating the country’s transition to a net-zero economy. […] The post EU Greenlights €1.2 Billion Scheme To Advance Spain’s Net-Zero Hydrogen Projects appeared first on SolarQuarter.
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Former anti-graft chief seeks audit of P245 billion flood control projects amid Metro’s massive flooding
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The former chief of the Presidential Anti-Graft Commission (PAGC) has called for a comprehensive audit of the country’s P245-billion budget for flood control projects for 2024 amid the massive flooding in the capital region following the onslaught of Super Typhoon Carina (international name Gaemi). Atty, Nicasio Conti, former commissioner of…
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Week In MiddleEast: Masdar Secures USD 1 Billion Through Second Green Bond To Fund New Global Renewable Projects; Saudi And Egyptian Energy Ministers Discuss Strategic Power Projects And Renewables; And More
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Masdar Secures USD 1 Billion Through Second Green Bond to Fund New Global Renewable Projects Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s leading clean energy company, has […] The post Week In MiddleEast: Masdar Secures USD 1 Billion Through Second Green Bond To Fund New Global Renewable…
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Week In ASEAN: EPIC Enters Malaysia’s Solar Market With New 28-Hectare Farm In Terengganu; Indonesia’s Renewable Energy Investment Stagnates: Urgent Reforms Needed To Reach $146 Billion 2030 Goal, Says Report; And More
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EPIC Enters Malaysia’s Solar Market With New 28-Hectare Farm In Terengganu Eastern Pacific Industrial Corp Bhd (EPIC) is entering Malaysia’s solar energy market via its subsidiary, EPIC Solar Sdn Bhd […] The post Week In ASEAN: EPIC Enters Malaysia’s Solar Market With New 28-Hectare Farm In Terengganu; Indonesia’s Renewable Energy…
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EXIM Invests $1.6 Billion In Solar Mini-Grids To Boost Angola’s Energy And Water Access
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The Board of Directors of the Export-Import Bank of the United States (EXIM) has approved an unprecedented $1.6 billion direct loan to fund the construction of 65 solar photovoltaic mini-grids […] The post EXIM Invests $1.6 Billion In Solar Mini-Grids To Boost Angola’s Energy And Water Access appeared first on…
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Globe Telecom’s tower sales reach P85.2 billion
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AYALA-LED Globe Telecom, Inc. said it has generated P85.2 billion from its tower sales after fully transferring some of its tower assets to Frontier Tower Associates Philippines, Inc. (Frontier Towers). “These tower assets are composed of 84% ground-based towers and 16% rooftop towers,” Globe said in a stock exchange disclosure…