Tag: philippines
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Razon utilities ease power bills over ₱1/kWh while Meralco raises rates ahead of summer
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The Manila Electric Company (Meralco) raised its residential electricity rates this February despite the country still being in cooler months and before the official start of summer, while several provincial utilities under business tycoon Enrique Razon Jr. — Bohol Light, Negros Electric and Power Corporation (NEPC), and MORE Power in…
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Philippines Set to Be POGO-Free by 2025
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MANILA – By 2025, Philippine offshore gaming operations (POGOs) will be completely eradicated in the Philippines, following President Ferdinand R. Marcos Jr.’s full ban on these establishments. However, the government is preparing for potential “guerrilla operations” that may arise in response to the crackdown. “All licenses are cancelled, so POGO-free…
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State of Calamity Declared in Siargao and Bucas Grande Islands Due to Power Outage
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BUTUAN CITY – On Tuesday, the Sangguniang Panlalawigan (SP) of Surigao del Norte passed a resolution declaring a state of calamity in Siargao and Bucas Grande Islands due to a prolonged power outage that began on December 1, caused by a fault in the submarine cable that supplies electricity from…
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Philippines to Host Honor of Kings Season 3 Invitational in 2025
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The Philippines is gearing up to welcome the Honor of Kings Season 3 Invitational, scheduled for February 2025. This prestigious event marks a significant milestone in the country’s burgeoning esports scene, as it will bring together top international teams to compete in one of the world’s most popular mobile games.…
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The Evolution of Political Advertising in the Philippines
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The Solution Evolution Navigating the realm of social media and using it as an advertising platform for political campaigns is gaining popularity. Not to mention the rationality and efficiency of delivering a message to potential voters when carrying out an advertising campaign. Proper management of campaigns that have far-reaching political…
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Mediaquest, Cignal TV and DDB Philippines provide spotlight for Filipino Olympians through powerful Fame Swap campaign
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The Philippines is embracing a new wave of support for its athletes through the “Fame Swap” campaign by Cignal TV and DDB Philippines. This exciting initiative is designed to highlight and uplift athletes from different sports as they compete at the Olympic Games Paris 2024. Public figures as media platforms…
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Philippines Q2 GDP rises 6.3% year on year, just above forecasts
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MANILA – The Philippine economy grew 6.3% in the second quarter from a year earlier, driven by government spending and investment, the statistics agency said on Thursday, stronger than upwardly revised 5.8% growth in the first quarter. That took first-half GDP growth to 6.0%, putting the economy on track to…
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Future-proofing communities throughout the Philippines
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Addressing urbanization challenges tackled in BusinessWorld Insights forum By Jomarc Angelo M. Corpuz, Special Features and Content Writer In recent years, the Philippines has been constantly ravaged by natural disasters that have caused billions worth of damages and displaced millions of people, particularly in urban areas. As the country grows…
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Powering the Future: Exploring the Rise of Solar Energy in the Philippines
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Overview The solar sector in the Philippines is growing at 25% annually, driven by high electricity costs and the need for sustainable energy solutions. The country is transitioning from heavy reliance on fossil fuels to solar energy, reflecting growing climate change awareness and the economic benefits of renewable energy. Solaric…
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IFC Collaborates with the EU to Advance Green Transition Efforts in the Philippines
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In a bid to boost private-sector involvement in advancing the Philippines’ green transition, the International Finance Corporation (IFC) has joined forces with the European Union (EU) under the Green Economy […] The post IFC Collaborates with the EU to Advance Green Transition Efforts in the Philippines appeared first on SolarQuarter.