Tag: hits
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NG debt hits new high of P15.48-T
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THE NATIONAL Government’s (NG) outstanding debt jumped to a fresh high of P15.48 trillion as of end-June, reflecting the impact of the peso depreciation against the US dollar, the Bureau of the Treasury (BTr) said.
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PHL jobless rate hits 4-month high
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THE PHILIPPINE jobless rate climbed to a four-month high in May while the quality of jobs improved to its best level since 2005, the Philippine Statistics Authority (PSA) reported on Monday.
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NG debt hits record P15.35 trillion
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THE NATIONAL Government’s (NG) outstanding debt rose to a fresh high of P15.35 trillion as of end-May, reflecting the impact of the peso weakness on foreign currency-denominated debt, the Bureau of the Treasury (BTr) said.
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EU’s Fossil Fuel Supply Hits Record Lows In 2023, Renewables Surge
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Preliminary data from 2023 reveals a significant shift in the European Union’s energy landscape, with a marked decrease in fossil fuel supplies and a notable rise in renewable energy. According […] The post EU’s Fossil Fuel Supply Hits Record Lows In 2023, Renewables Surge appeared first on SolarQuarter.
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External debt hits $128.7B as of end-March
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THE PHILIPPINES’ outstanding external debt stood at a record $128.7 billion as of end-March, the Bangko Sentral ng Pilipinas (BSP) reported. Data from the central bank showed that external debt rose by 8.3% from $118.8 billion in the same period a year ago. It was also higher by 2.6% from…
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Lenders’ nonperforming loan ratio hits 11-month high
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THE PHILIPPINE banking industry’s nonperforming loan (NPL) ratio in April rose to the highest in 11 months, as soured loans increased due to elevated interest rates. Preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed the banking industry’s gross NPL ratio rose to 3.45% in April from 3.39% in…
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Week In MiddleEast: PVH to Supply 100MW of Solar Trackers to Green Sources Investment and Alternative Energy Projects Co; Manah I Solar Project Hits Milestone As Solar PV Modules Arrive In Oman; And More
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PVH to Supply 100MW of Solar Trackers to Green Sources Investment and Alternative Energy Projects Co for Jordan and Kuwait Solar Initiatives PVH Middle East has entered into a major […] The post Week In MiddleEast: PVH to Supply 100MW of Solar Trackers to Green Sources Investment and Alternative Energy…
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Peso hits 58:$1 as Fed stays hawkish
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THE BANGKO SENTRAL ng Pilipinas (BSP) warned it will intervene in the foreign exchange market as the Philippine peso on Tuesday closed at the 58-per-dollar level for the first time in over 18 months.
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Iran’s April Renewable Energy Production Hits 1.186 GW
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Recent official data indicates that Iran produced 1.186 gigawatts of renewable electricity in April. The Renewable Energy and Energy Efficiency Organization, part of the Energy Ministry, revealed that solar power […] The post Iran’s April Renewable Energy Production Hits 1.186 GW appeared first on SolarQuarter.