Tag: philippines
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Smart drives increase in 5G data traffic powered by the Philippines’ Best 5G Coverage Experience
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As 5G is fast becoming the connectivity of choice among mobile subscribers in the country, leading integrated telco network PLDT Inc (PLDT)’s wireless subsidiary Smart Communications, Inc (Smart) saw a sustained increase in average monthly 5G data traffic in 2023, bolstered by its award-winning 5G mobile network. In 2023, average…
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Philippines’ ongoing power crisis is not artificial, says Marcos
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PRESIDENT Ferdinand R. Marcos, Jr. on Monday dispelled fears that the Philippines was experiencing an artificial power crisis after the country’s sole grid operator again raised a yellow alert in the Luzon and Visayas grids, citing an El Niño-driven increase in demand. “It definitely is not an artificial crisis because…
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A significant fixture in the Philippines’ sustained economic progress
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Infrastructure serves as the backbone of economic activity, enabling the efficient movement of goods and people, facilitating trade, and enhancing overall productivity. Research indicates that every public dollar invested in infrastructure yields a substantial economic return. For instance, a 2022 analysis by the World Bank revealed that public investment has…
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Barriers to Solar Adoption in the Philippines
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What are the barriers to solar adoption in the Philippines? High initial cost and financing Lack of awareness and education Technological and technical challenges Better policy and regulatory framework Grid constraints and issues Overview This article discusses the challenges hindering the widespread adoption of solar energy in the Philippines and…
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Week In ASEAN: Gurīn Energy Approves Final Investment Decision for Capas Solar Power Project In The Philippines; ADB and Buskowitz Solar Inc. Sign $12 Million Deal To Boost Solar Energy In The Philippines; And More
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Gurīn Energy Approves Final Investment Decision for Capas Solar Power Project in the Philippines Singapore-based renewable energy developer Gurīn Energy has announced today the approval of a final investment decision […] The post Week In ASEAN: Gurīn Energy Approves Final Investment Decision for Capas Solar Power Project In The Philippines;…
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Philippines lags Southeast Asian neighbors in smart tourism index
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By Beatriz Marie D. Cruz, Reporter THE PHILIPPINES lags behind some of its Southeast Asian neighbors in terms of readiness in developing smart tourism ecosystems, hampered by high internet costs and accessibility issues in rural areas, the Asian Development Bank (ADB) said. In a report entitled “Smart Tourism Ecosystem Development…
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Philippines’ main grids placed under red, yellow alerts
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By Ashley Erika O. Jose, Reporter THE PHILIPPINES’ main grids on Wednesday experienced a shortfall of energy supply for the seventh time this month, with a yellow alert being raised over the Mindanao power grid for the first time in 2024. In a statement, the National Grid Corp. of the…
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Philippines’ January external debt service more than doubles
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THE PHILIPPINES’ external debt payments more than doubled in January as principal payments surged, central bank data showed. Preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed that the country’s external debt service burden soared by 110% to $1.729 billion from $823 million a year ago. The debt service…
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Is Puregold teasing the year’s panalo collab of the Philippines’ biggest music artists?
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Social media has been on fire speculating about Puregold collaborating with the hottest names in the local music scene. The buzz started after Puregold made two teaser posts on their social media this past April 12th that seemed to hint at an announcement involving major Pinoy pop artists. The first…
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Philippines, New Zealand eye forces deal, share concern over South China Sea
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MANILA – Philippines President Ferdinand R. Marcos Jr. and New Zealand Prime Minister Christopher Luxon agreed on Thursday to deepen defense cooperation and expressed serious concern over the South China Sea, where the Philippines and China have had maritime run-ins. China claims almost the entire South China Sea, a conduit…