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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5 Advantages of Solar Energy in the Philippines
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What are the advantages of solar energy in the Philippines? Lowers the cost of electricity Clean, safe, and renewable Provides a reliable power source Easy to maintain and durable Creates numerous job opportunities Overview Solar energy adoption in the Philippines has grown significantly, offering a sustainable alternative to traditional energy…
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Philippines a clear laggard in tourism recovery
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THE PHILIPPINES is still lagging behind its Southeast Asian neighbors in its tourism recovery, as Chinese tourists continue to stay away, Bank of America (BofA) Global Research said. “The Philippines is lagging considerably behind, with tourist arrivals below 70% of 2019 levels,” it said in a report dated July 29.…
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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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Ballet Philippines turns romantic
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BALLET Philippines (BP) is opening its 55th season with one of the oldest surviving romantic ballets in history. For La Sylphide, the classical and contemporary dance company gives the choreography by Filippo Taglioni a distinct Filipino twist, according to BP artistic director Mikhail “Misha” Martynyuk. Recalling why they chose it…