Tag: hit
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US Community Solar Market To Hit 14 GWdc By 2029 Amid Growth Challenges, Says Report
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The US community solar market is set to reach a cumulative 14 gigawatts direct current (GWdc) by 2029, according to a recent report by Wood Mackenzie in collaboration with the […] The post US Community Solar Market To Hit 14 GWdc By 2029 Amid Growth Challenges, Says Report appeared first…
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Hot money outflows hit $27M in June
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MORE SHORT-TERM foreign investments flowed out of the Philippines in June, data from the Bangko Sentral ng Pilipinas (BSP) showed. Transactions on foreign investments registered with the central bank through authorized banks posted a net outflow of $27.26 million. This was a reversal of the $42.86-million net inflow in May,…
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In the aftermath of Typhoon Carina: ‘Ineffective’ flood-control projects hit
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EXPERTS AND LAWMAKERS are now focusing on how flood-control projects have failed to prevent massive flooding in Metro Manila and nearby provinces during the onslaught of Typhoon Carina (Gaemi).
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Pangilinan: Ayala’s LRT-1 stake talks hit ‘valuation gap’
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METRO Pacific Investments Corp. (MPIC) may reconsider acquiring Ayala Corp.’s stake in Light Rail Transit Line 1 (LRT-1) due to unresolved valuation issues, according to its chairman. “We talked to them before, but there’s a bit of a gap in valuation, and I do not know how we can bridge…
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BoI says investment approvals may hit P1.6T this year
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APPROVED investment pledges may hit P1.6 trillion this year, amid expectations of higher inflows of foreign direct investments (FDIs) and the pipeline of green lane-endorsed projects, a Trade official said. Board of Investments (BoI) Managing Head and Trade Undersecretary Ceferino S. Rodolfo said the positive outlook stems from the central…
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BoI says ‘green lane’ investments hit P2.3T
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ABOUT P2.32 trillion worth of projects, mostly in renewable energy (RE), have been approved to go through the “green lane” system as of June 20, the Board of Investments (BoI) said on Wednesday.
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IT-BPM industry likely to hit 7% goal
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THE INFORMATION TECHNOLOGY and business process management (IT-BPM) industry is on track to achieve a 7% growth in revenue and headcount by the end of 2024, an industry group said. Jack Madrid, president of the IT and Business Process Association of the Philippines (IBPAP), told reporters on Wednesday that the…
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May inflation likely hit 4% — poll
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HEADLINE INFLATION likely quickened for a fourth straight month in May, mainly due to a spike in electricity costs, analysts said.
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PHL needs to grow over 6% in next three quarters to hit target
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THE PHILIPPINE ECONOMY should expand by more than 6% in the next three quarters to meet the government’s growth target this year, analysts said.