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ACEN plans to replace SLTEC with $1.5B solar farm - philstar.com - Philippines

ACEN plans to replace SLTEC with $1.5B solar farm

ACEN [ACEN 4.00, up 0.5%; 131% avgVol] [link] confirmed a report that it plans to replace the 246 MW coal-fired power plant owned by South Luzon Thermal Energy Corp. (SLTEC) with a solar farm and energy storage system, and that the estimated cost of that new project is approximately $1.5 billion. ACEN said that it plans to retire SLTEC by 2030, and that it plans to begin construction of the replacement solar facility in 2027 or 2028. The solar facility will have a capacity of 1,400 MW in peak conditions, and the energy storage system will have a storage capacity of 1,600 megawatt-hours. 

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Jean Mangaluz - DPWH flagged for delayed projects worth P215.9 billion - philstar.com - Philippines - city Manila, Philippines

DPWH flagged for delayed projects worth P215.9 billion

MANILA, Philippines — The Department of Public Works and Highways (DPWH) was flagged by the Commission on Audit (COA) for failing to efficiently implement local and foreign-assisted projects amounting to P215.9 billion. 

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13 women convicted in Cambodia of acting as surrogates for foreign clients - timesofindia.indiatimes.com - Philippines - Usa - Thailand - Australia - Vietnam - Cambodia

13 women convicted in Cambodia of acting as surrogates for foreign clients

Thirteen women from the Philippines have been convicted on human trafficking-related charges for acting as surrogates in Cambodia for a ring selling babies to foreigners for cash. The women were each sentenced to four years in prison after being found guilty of selling, buying or exchanging a person for cross-border transfer, the Kandal Provincial Court said late Monday. According to the verdict, two of the four years in prison were suspended, meaning they won't have to be served unless they're found guilty of another crime. The women are held at a police hospital outside Phnom Penh, the Cambodian capital, and authorities have previously said they would not have to serve prison time until after giving birth. The women can appeal the verdict, said court spokesperson So Sarin. He refused to comment on how many were still pregnant, or what would happen to the babies after they have given birth. Developing countries have been popular for surrogacy because costs are

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Do you treat your bonus as 'house money?' - philstar.com

Do you treat your bonus as 'house money?'

Have you received your Christmas bonus? Where is it now? How did you make use of it? Are you treating it as “house money?”

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Alan Peter - Press Release - Cayetano vows high-quality NSB at lowest possible cost - legacy.senate.gov.ph - Philippines - city Pasay

Press Release - Cayetano vows high-quality NSB at lowest possible cost

Senator Alan Peter Cayetano gave assurance of his commitment to delivering a high-quality New Senate Building (NSB) at the lowest possible cost.

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Ed Paolo Salting - Gasoline prices up this week - manilatimes.net

Gasoline prices up this week

Oil companies are poised to raise the prices of gasoline this week but will lower the cost of diesel and kerosene.

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Ed Paolo Salting - Price of gasoline up, diesel, kerosene down - manilatimes.net - Usa - China - Israel

Price of gasoline up, diesel, kerosene down

THE price of gasoline rose on Tuesday, Dec. 3, but that of diesel and kerosene were rolled back.

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Agence FrancePresse - Thousands to strike at Volkswagen's Germany plants - manilatimes.net - Germany - China

Thousands to strike at Volkswagen's Germany plants

FRANKFURT, Germany — Thousands of Volkswagen workers were to go on strike Monday in an escalating industrial dispute at the crisis-hit German auto giant with thousands of jobs at stake. VW has been hit hard by high manufacturing costs at home, a stuttering shift to electric vehicles and tough competition in key market China. It has announced a plan to cut billions of dollars in costs. The powerful IG Metall Union and the workers council have fought to protect jobs since VW announced in September that it was weighing the unprecedented step of shutting plants in Germany, where it has around 120,000 employees. «Warning strikes will begin Monday in all plants,» said IG Metall negotiator Thorsten Groeger, announcing short walks-outs after the company had last week rejected the union's proposals for protecting jobs.

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