Tag: LPG

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DOE reiterates LIRA compliance to avoid hefty penalties

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) on Monday called on liquefied petroleum gas (LPG) industry players to comply with the LPG Industry Regulation Act (LIRA) in full to avoid severe penalties, including fines, business closure, and even criminal charges.

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Solid Group, Singaporean partner plan USD40M solar venture

Energy & Mining 0
Solid Group Inc. is teaming up with a Singapore-linked investment group to establish a USD40-million venture that will build and operate a Philippine factory producing solar photovoltaic cells and modules for export.

MacroAsia profit drops 45% as costs, weaker affiliate earnings bite

Corporate 0
Higher operating costs and weaker contributions from associates, particularly aircraft maintenance unit Lufthansa Technik Philippines (LTP), dragged down MacroAsia Corp.’s nine-month net income attributable to parent-company shareholders by 45 percent to P560.4 million, despite revenue growth across its food services, airport ground handling and water businesses.

VinFast brings updated electric VF 8 SUV to Manila

Mobility 0
VinFast has introduced its updated VF 8 electric SUV in the Philippines, pricing the five-seater from P1.55 million with a battery subscription or P1.79 million with the battery included.

October US inflation raises Fed rate hike stakes

Markets 0
US consumer prices rose more than expected in October, strengthening expectations that the Federal Reserve will raise interest rates next month, lifting yields and pressuring equities.

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