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DoF to wait for rate cuts before borrowing abroad
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THE PHILIPPINE government will wait for rate cuts from the US Federal Reserve and Bangko Sentral ng Pilipinas (BSP) before its planned external borrowings next year, according to the Finance chief.
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Gov’t allots P1.28-T for infrastructure in 2025
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THE NATIONAL Government (NG) is expected to spend P1.28 trillion on infrastructure and capital outlays next year, the Department of Budget and Management said. Under next year’s Budget of Expenditures and Sources of Financing, infrastructure and other capital outlays are expected to jump by 3.04% from P1.24 trillion this year.…
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Liberia Electricity Corporation Invites Consultancy Proposals For 20 MW Solar PV Plant At Mt. Coffee Hydropower
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The Liberia Electricity Corporation (LEC) has announced a call for expressions of interest for consultancy services to oversee the construction of a 20 MW solar photovoltaic (PV) power plant. This […] The post Liberia Electricity Corporation Invites Consultancy Proposals For 20 MW Solar PV Plant At Mt. Coffee Hydropower appeared…
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Philippines ranks 4th in Southeast Asia for IPO proceeds in first half
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THE PHILIPPINE STOCK Exchange (PSE) ranked fourth in Southeast Asia for proceeds generated from initial public offerings (IPOs) in the first half of the year, according to a report by multinational professional services network Deloitte. “Despite only having two new listings during the first half of 2024, the Philippines’ capital…
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SPCG Aims for Carbon Neutrality by 2030 and Partners with INNOPOWER to Trade Renewable Energy Certificates
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Dr. Wandee Kunchorayakong Juljarern, Chairman and Chief Executive Officer of SPCG Public Company Limited (“SPCG”), has announced the company’s goal to achieve carbon neutrality by 2030. SPCG, a leading pioneer […] The post SPCG Aims for Carbon Neutrality by 2030 and Partners with INNOPOWER to Trade Renewable Energy Certificates appeared…
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SONATRACH And TOSYALI Sign MoU To Produce Green Hydrogen For Steel Industry In Algeria
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At SONATRACH’s headquarters, a Memorandum of Understanding (MoU) was signed between SONATRACH and TOSYALI Iron Steel Industry Algeria SPA. The ceremony was attended by Mr. Rachid Hachichi, President & CEO […] The post SONATRACH And TOSYALI Sign MoU To Produce Green Hydrogen For Steel Industry In Algeria appeared first on…
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Gov’t urged to look for new sources of revenue
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THE NATIONAL GOVERNMENT (NG) should look for new sources of revenues and improve tax administration, as it seeks to reduce dependence on borrowings to fund the national budget, lawmakers and analysts said over the weekend.