MGen Renewable Energy, Inc. (MGreen) said on Wednesday that its 68-megawatt-alternating current (MWac) solar plant project with Vena Energy is set to complete energization by the end of 2022. “We are looking forward to commencing its operations soon and witnessing how it would help advance economic progress and create better lives for all,” said Jaime T. Azurin, president and chief ...
FEDERAL RESERVE Bank of Minneapolis President Neel Kashkari said US inflation is very high and the central bank must act to bring it back under control. “By many, many measures we are at maximum employment and we are at very high inflation. So this is a completely unbalanced situation, which means to me it’s very clear: We need to tighten ...
TWITTER, INC. misled federal regulators about its defenses against hackers and spam accounts, the social media company’s former security chief Peiter Zatko said in a whistleblower complaint. In an 84-page complaint, Mr. Zatko, a famed hacker widely known as “Mudge,” alleged Twitter falsely claimed it had a solid security plan, according to documents relayed by congressional investigators. Twitter’s shares fell ...
1 of 13 Newport World Resorts celebrates National Burger Day IT’S NATIONAL Burger Day on Aug. 25 and Newport World Resorts’ signature restaurants are grilling up hefty and juicy offers. There is the Buenas Burger of Casa Buenas at the GF Newport Grand Wing. It has an Angus beef patty with fontina cheese, truffle cream, and bacon on a house-made ...
Here’s a quick glance at how PSEi stocks fared on Wednesday, August 24, 2022. ...
THE DISRUPTION of schooling due to the coronavirus disease 2019 (COVID-19) pandemic inflicted lifetime earning losses in developing Asia, most particularly for those in lower income brackets, the Asian Development Bank (ADB) reported. Read the full story. Neil ...
BW FILE PHOTO SHARES inched up on Wednesday on bargain hunting and a technical bounce as investors look ahead to the annual gathering of global central bankers hosted by the US Federal Reserve starting on Thursday. The Philippine Stock Exchange index (PSEi) climbed by 25.07 points or 0.37% to close at 6,643.45 on Wednesday, while the broader all shares index ...
By Revin Mikhael D. Ochave, Reporter THE Philippine Economic Zone Authority (PEZA) confirmed that it plans to extend 30% work-from-home (WFH) arrangements for registered information technology and business process outsourcing (IT-BPO) firms to March, with final approval of the policy expected at its next board meeting. “Yes, we confirm this. It is purely (an) extension,” PEZA Officer-in-Charge and Deputy Director ...
PHILSTAR FILE PHOTO THE Bureau of Fisheries and Aquatic Resources (BFAR) described its 2022 fisheries modernization plan as a catch-up program designed to minimize the need for importing fish this year. According to the BFAR, the plan hopes to address the projected annual deficit in the supply of fish, a key source of protein for the population, of 44,000 metric ...
THE PHILIPPINES needs to outline a “technology roadmap” for its shift to clean energy, an Energy department official said, noting the importance of “transition fuels” like natural gas before the full changeover to renewables, as well as the potential of other resources like nuclear and hydrogen. Michael O. Sinocruz, director of the Department of Energy (DoE) Energy Policy Planning Bureau, ...