Tag: years
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Debt service bill declines by 21% in April — Treasury
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THE NATIONAL Government’s (NG) debt service bill fell in April amid a drop in amortization payments, the Bureau of the Treasury (BTr) said. Data from the BTr showed that debt repayments declined by 21% to P161.695 billion in April from P204.763 billion in the same month a year ago. Month…
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LONGi – The Solar Future Tour Debuts Hi-Mo X6 Max in Tunisia
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LONGi, the world’s leading PV manufacturer, has partnered with ENERGIKA, its Tunisian counterpart, and SUNGROW, the leading PV inverter manufacturer, to initiate The Solar Future Tour. This program consists of […] The post LONGi – The Solar Future Tour Debuts Hi-Mo X6 Max in Tunisia appeared first on SolarQuarter.
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BSP needs to keep policy ‘tighter than before’ — HSBC
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THE BANGKO SENTRAL NG Pilipinas (BSP) may need to keep rates higher for longer or even hike rates further to cool inflation, HSBC said. This as it sees private consumption staying strong and spending patterns shifting as the Philippines inches closer to becoming an upper middle-income economy. In a report,…
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Moving geothermal development in Indonesia forward – where are we at?
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The New Zealand Embassy hosted a forum on the geothermal development trajectory of Indonesia, further strengthening the ties of the two countries in geothermal. The post Moving geothermal development in Indonesia forward – where are we at? first appeared on ThinkGeoEnergy – Geothermal Energy News.
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Illegal tobacco trade eating government revenues away — BIR
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THE Philippine government lost P25.5 billion in taxes from tobacco smuggling last year, according to the Bureau of Internal Revenue (BIR), as it sought to intensify its enforcement of tax compliance on the tobacco industry.
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GDP growth may fall below target in 2024, 2025 — BSP
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PHILIPPINE economic growth may fall below the government’s target this year and in 2025, as high interest rates dampen domestic demand, the Bangko Sentral ng Pilipinas (BSP) said. “The outlook on domestic economic activity remains intact, even as the economy is projected to operate slightly below potential. Economic growth could…
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Semiconductors, renewables to drive PHL growth — Go
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THE PHILIPPINE government is banking on the semiconductor and renewable energy (RE) sectors to drive economic growth, according to the Palace’s chief investment adviser.
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Call for abstracts – IIGCE 2024; 18-20 September in Jakarta, Indonesia
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Abstract submission for the 10th Indonesia International Geothermal Convention and Exhibition has been extended to the 31st of May 2024. The post Call for abstracts – IIGCE 2024; 18-20 September in Jakarta, Indonesia first appeared on ThinkGeoEnergy – Geothermal Energy News.
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Central bank to cut rates by up to 150 bps — survey
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THE Bangko Sentral ng Pilipinas (BSP) could reduce rates by up to 150 basis points (bps) this year, its survey of private sector analysts showed, as inflation is likely to fall within the 2-4% target range. In the Monetary Policy Report for May 2024, the results of the BSP’s survey…
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‘Most exciting chapter’ for PHL yet to come — WEF
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THE Philippines could become one of the drivers of global growth in the future, if the government continues to ease foreign ownership restrictions and ramp up partnerships with the private sector, according to a World Economic Forum (WEF) executive.