Foreign portfolio investments registered with the Bangko Sentral ng Pilipinas (BSP) reversed to a net outflow of $529.68 million in October, compared to September's net inflow of $1.025 billion as investors sold securities to lock in gains.The October net outflow is the largest this year, surpassing...
Power utility giant Manila Electric Company (Meralco) has secured three contracts for a total of 500-megawatt capacity that will satiate its requirements for renewable energy (RE) supply portfolio as prescribed under the government-enforced Renewable Portfolio Standards.The tariffs cornered by the...
Foreign portfolio investments, often referred to as “hot money”, yielded net inflows of $377 million in the first quarter this year, a turnaround from the $328 million net outflows transacted in the same period last year, according to the Bangko Sentral ng Pilipinas.For March alone,...
The renewable energy-based capacity contracting of Manila Electric Company (Meralco) which now hovers at 1,800 megawatts had so far exceeded its initial target of 1,500 megawatts.Its ramped up capacity of clean energy procurements, according to Meralco Vice President and Chief Sustainability Officer...
Power utility giant Manila Electric Company (Meralco) is leading the race on compliance to the Renewable Portfolio Standards (RPS) with 1,880 megawatts of contracted renewable energy (RE) already secured in its supply portfolio.The power firm indicated that it was able to surpass its initial...
The Department of Energy (DOE) will be issuing guidelines for the "opt-in mechanism" of industry participants on procuring percentage of their required renewable energy-generated supply from a pool of government-awarded RE capacity under the green energy auction program (GEAP).In a draft Circular...
The Department of Energy (DOE) is planning a separate ‘auction call’ for the power supply agreements (PSAs) to be awarded to offshore wind investors via the Green Energy Auction Program (GEAP) of the government.
According to Atty Marissa P. Cerezo, director of the Renewable Energy Management...
President Ferdinand "Bongbong" Marcos Jr. will prioritize food security as temporary Department of Agriculture (DA) secretary, but he is also expected to keep a close eye on energy matters.
Albay 2nd district Rep. Joey Salceda (left) and President Ferdinand Marcos Jr. (Facebook, Lakas-CMD...
President-elect Bongbong Marcos is taking on the portfolio of Department of Agriculture (DA) secretary, as least temporarily.
President-elect Bongbong Marcos (BBM Media Bureau)
Marcos announced this himself in an impromptu press conference Monday, June 20, at the BBM headquarters in...
New Central London tenancies from the Asia Pacific tripled in 2021, according to the UK capital’s leading one-stop-shop buying agency
CAPITAL OF ENGLAND View of the London skyline from the 69th floor of the Shard at over 800 feet high (AFP)
Central London’s leading one-stop-shop buying...
Foreign portfolio investments in September reversed to a net outflow of $24 million versus the previous month’s net inflow of $12 million, the Bangko Sentral ng Pilipinas (BSP) said on Thursday, Oct. 28.
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The $24 million net outflows are lower than the $494 million net outflows registered...
As he wraps up his four-year stint in Manila, the Italian ambassador pays homage to the beauty, hospitality, and homeliness of our country through the limited-edition modern art portfolio 7,000 Islands
DONO DI BUONA VOLONTÀ Italian Ambassador Giorgio Guglielmino handing over the 7,000 Islands...
