THE cash utilization rate posted by government agencies hit 98% at the end of December, the Department of Budget and Management (DBM) said. In a report on Tuesday, the DBM said the National Government, local governments and state-owned firms used 98% of the P4.42 trillion in funding allocated to them based on the year-end tally […]
Tag: utilization
Gov’t agencies’ cash usage hits 94% at end of Nov.
GOVERNMENT agencies raised their cash utilization rate to 94% by the end of November, the Department of Budget and Management (DBM) said on Tuesday. The National Government, local governments and state-owned firms used 94% of the P4.01 trillion worth of Notices of Cash Allocation (NCAs) issued to them in the first 11 months, leaving P257.94 […]
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. […]
Fujitsu launches “Data e-TRUST” as a new service function for “Fujitsu Computing as a Service” (CaaS) in Japan to accelerate secure data exchange across industries
TOKYO, Oct 17, 2022 – (JCN Newswire via SEAPRWire.com) – Fujitsu today announced the launch of “Fujitsu Computing as a Service Data e-TRUST” (hereinafter “Data e-TRUST”) as a new service function for “Fujitsu Computing as a Service” (hereinafter CaaS) (1), Fujitsu’s service portfolio that makes advanced computing technologies easily available to everyone. Figure: Features and […]
Gov’t budget utilization hits 98% as of end-Sept.
GOVERNMENT AGENCIES raised their cash utilization rate to 98% at the end of September, as the economy continued to reopen, the Department of Budget and Management (DBM) reported on Thursday. The DBM said the National Government, local governments and state-owned firms used 98% of the P3.11 trillion in Notice of Cash Allocation (NCA) issued to […]
Budget utilization at 94% in 7 months to July
GOVERNMENT AGENCIES raised their cash utilization rate to 94% at the end of July, from 89% posted a year earlier, the Department of Budget and Management (DBM) reported, with analysts saying that disbursements were likely facilitated by easier quarantine settings and the pre-election spending rush. The DBM said the National Government, local governments and state-owned […]
Toyota: Feasibility Study on the Receiving and Distribution Business of Imported Hydrogen in Chubu Regio
Toyota City, Japan, Aug 6, 2021 – (JCN Newswire via SEAPRWire.com) – Sumitomo Corporation, Chiyoda Corporation, Toyota Motor Corporation, Japan Research Institute, Limited, and Sumitomo Mitsui Banking Corporation (collectively, “Joint Contractors”) have been appointed by the New Energy and Industrial Technology Development Organization (“NEDO”) to conduct a feasibility study on the receiving and distribution business […]
MHI: Kobe/Kansai Hydrogen Utilization Council Report
YOKOHAMA, Japan, May 17, 2021 – (JCN Newswire via SEAPRWire.com) – The Kobe/Kansai Hydrogen Utilization Council (hereinafter, “Council”), in which Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, participates as a member, has prepared a report entitled “Kobe/Kansai Hydrogen Utilization Council Report – Organizing a Future Vision for a Hydrogen Society and Quantifying […]
Gov’t agencies improve budget usage in April
GOVERNMENT AGENCIES raised their cash utilization rates to 89% in April, up from 63% a year earlier, according to the Department of Budget and Management (DBM). The DBM said the National Government, local governments and state-owned firms used P1.082 trillion of the P1.219 trillion worth of notices of cash allocation (NCAs) issued to them in […]