Netenergy introduces SolarEdge battery tech in PHL
SOLAR EQUIPMENT distributor Netenergy Renewable Group (NRG) is targeting a sales volume of up to 30 megawatts (MW) this year following its launch of a residential battery technology aimed at advancing safety and efficiency in solar energy systems. “For everything, we
How does the Philippines compare in the region in terms of military expenditure as share of GDP?
The Philippines’ military expenditure as share of gross domestic product (GDP) reached 1.4% in 2023, the ninth highest in the region, according to the Contemporary Trends in Militarization report by nonprofit think tank Institute for Economics & Peace. The Philippines
MUP pension reform and ‘A’ credit ratings
One important fiscal news last week was the move by the Department of Finance (DoF) to review the pension system of military and uniformed personnel (MUP).The MUP is composed of eight agencies — the Armed Forces of the Philippines, Philippine
LIMA Tower 1 seen to help boost Batangas business potential
LIMA TOWER 1, Batangas’ first office building, is set to transform the region into a thriving business hub. — Aboitiz InfraCapital, Inc.ABOITIZ INFRACAPITAL, INC. (AIC) Economic Estates recently launched the first building of LIMA Office Park, LIMA Tower 1, aiming
Gov’t hikes T-bill award as rates go down
RJ JOQUICO-UNSPLASHTHE GOVERNMENT upsized the volume of Treasury bills (T-bills) it awarded on Monday as the papers fetched strong demand and mostly lower rates after the Bangko Sentral ng Pilipinas (BSP) began its easing cycle last week.The Bureau of the