PSALM offers co-ops 90 MW in uncommitted capacity

THE Power Sector Assets and Liabilities Management Corp. (PSALM) told a House committee that it can make available to Luzon electric cooperatives 90 megawatts (MW) worth of uncontracted power. PSALM, a government-owned and -controlled corporation, told the chamber’s energy committee that it can supply the cooperatives during peak demand hours, which is when energy supply […]

Infrastructure upgrades urgently needed to address rising air travel demand, study finds

RISING air travel demand will require more investment in the supporting infrastructure, according to a study issued by the Philippine Institute for Development Studies (PIDS), a government think tank. “While the government recognizes the need to improve the air transport infrastructure by building new airports and improving existing facilities and technical capabilities, huge investments are […]

MHI Thermal Systems Adds ZTL Series to Its Lineup of Household Room Air Conditioners for Overseas Markets

TOKYO, Jan 10, 2023 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems), a part of Mitsubishi Heavy Industries (MHI) Group, has added the new ZTL Series to its lineup of household room air conditioners for overseas markets, and the mass production of small capacity models (1.5kW~5.0kW) for the […]

Cebu Pacific restores 92% of pre-pandemic systemwide capacity

GOKONGWEI-LED Cebu Pacific (CEB) announced it has restored 92 percent of its pre-pandemic systemwide capacity following the continuous increase of its domestic and international routes. The airline told the local bourse Tuesday, Dec. 6, 2022, that it now flies an average of 355 flights a day, covering 34 domestic and 19 international destinations. This is […]

Pertamina Geothermal Energy (PGE) to increase GPP in South Sumatra to support NZE in Indonesia

JAKARTA, Nov 16, 2022 – (ACN Newswire via SEAPRWire.com) – PT Pertamina Geothermal Energy (PGE) expressed readiness to increase the geothermal power plant (GPP) capacity in South Sumatra in a bid to support the realization of net zero emission (NZE) in Indonesia. President Director of Pertamina Geothermal Energy (PGE) Ahmad Yuniarto signs an agreement for […]

Aim to become world-class geothermal electricity producer: Pertamina

JAKARTA, Nov 10, 2022 – (ACN Newswire via SEAPRWire.com) – State-owned energy company PT Pertamina is seeking to become a world-class player in green electricity generation based on geothermal energy by pursuing a number of technological innovations to increase geothermal utilization. PT Pertamina Geothermal Energi (PGE) develops geothermal energy in Ulubelu Area in Tanggamus, Lampung. […]

Pertamina increases geothermal capacity for its emission reductions

JAKARTA, Nov 9, 2022 – (ACN Newswire via SEAPRWire.com) – Indonesian state-owned oil and gas company Pertamina has ramped up its geothermal energy capacity as one of the important efforts in achieving its carbon emission reduction target significantly. Pertamina head office building (ANTARA/HO-PT Pertamina) During a discussion at the Indonesian Pavilion on the sidelines of […]

US grants additional P53M to enhance PHL disaster preparedness, response capacity

THE AMERICAN government, through the United States Agency for International Development (USAID), has provided the Philippines another P53 million for a program on enhancing capacity in disaster preparedness and response.    The grant, first announced on Oct. 12, will be used for the second phase of an information management system called the Early Warning and Decision […]

China Risun’s 2022 Interim Revenue Ups 21.1% to RMB22.53 Billion, Profit Attributable to Owners was RMB1.74 Billion

HONG KONG, Aug 29, 2022 – (ACN Newswire via SEAPRWire.com) – China Risun Group Limited (“China Risun”, or the “Group”, stock code: 1907), a leading global integrated coke, coking chemicals and refined chemicals producer and supplier and relevant operation management services provider in China, has announced its interim results for the six months ended 30 […]

Regina Miracle Fiscal 2022 Results Hit Record High, Revenue Increased by 39.7% to HK$8.35 Billion, Adjusted Net Profit More than Doubled to HK$582 Million

HONG KONG, Jun 29, 2022 – (ACN Newswire via SEAPRWire.com) – Regina Miracle International (Holdings) Limited (“Regina Miracle” or the “Company”, together with its subsidiaries, collectively the “Group”) (HKEX: 2199), a leading global intimate wear company boasting an Innovative Design Manufacturer (“IDM”) business model, has announced its annual results for the year ended 31 March […]

JL MAG Achieved Robust Revenue and Profit Growth in 2021

HONG KONG, Mar 31, 2022 – (ACN Newswire via SEAPRWire.com) – JL MAG Rare-Earth Co., Ltd. (“JL MAG” or the “Company”, together with its subsidiaries, the “Group”, HKEX: 6680; SZSE: 300748), a leading producer of high-performance rare earth permanent magnets (“REPMs”) in China, successfully listed its H shares on the Main Board of The Stock […]