THE impact of high inflation remains a key concern for the Philippine economy, but growth overall is expected to remain robust, the Asean+3 Macroeconomic Research Office (AMRO) said on Monday. In a statement, AMRO said the country would likely grow by 5.6 percent this year, down from the 5.9 percent previously forecast and below the government's target of 6.0 to 7.0 percent. The outlook for next year was also trimmed to 6.3 percent from 6.5 percent, also below the official 6.5- to 8.0-percent goal for 2024-2028. Read more: https://www.manilatimes.net/2023/11/28/business/top-business/ph-inflation-a-key-concern-amro/1921821 read more

MANILA  -The value of new investments approved by the Philippine Economic Zone Authority (Peza) from January to November grew by more than twofold, reaching P140.884 billion in total as the investment promotion agency moves closer to its annual target. Data from the Peza released Wednesday night showed it was only P13.82 billion away from its full-year 2023 target of P154.77 billion after recording a growth rate of146.95 percent for the 11-month period. “With two more board meetings to go, we will surpass our targets for the year with flying colors,” Peza Director General Tereso Panga said during his presentation at the agency’s investors’ night in Pasay City. Read more: https://business.inquirer.net/433348/peza-approved-investments-rise-more-than-twofold-from-jan-to-nov read more

Business leaders have called the attention of the national government to the “hidden cost” of doing business down to the community level. Cezar Consing, Ayala Corp.’s CEO, said these costs affect businesses that have low margins, which could make certain communities less attractive to investors. “What we find here is there are a lot of unwritten [and] hidden costs to doing business. More recently, I see them more at the local level. And if you’re a firm that is trying to do business nationwide, it’s those costs that that are so hard to quantify,” Consing said during a panel of the Pilipinas Conference 2023, a forum facilitated by think tank Stratbase. Read more: https://businessmirror.com.ph/2023/11/24/hidden-costs-complex-rules-deter-investments/ read more

PRODUCT MODEL: NTPC-CRL-014W ,  NTPC-CRL-038W  ​• High performance LED delivers 160lm/w  • No UV and radiation.  • Housing Aluminum Alloy as heat dissipation towards extend component lifespan. more money. • Low power consumption, save more energy and Save more money.  • PSE Japan Certified / ROHS compliant.  Application: ​• Office ​• Production ​• Shopping Mall ​• Indoor Stadium read more

As we move towards 2024, the data center industry faces intense pressure to incorporate artificial intelligence (AI) capabilities while also reducing energy consumption, costs, and greenhouse gas emissions. The proliferation of AI (as Vertiv predicted two years ago) along with the infrastructure and sustainability challenges inherent in AI-capable computing can be felt across the industry and throughout the 2024 data center trends forecast from Vertiv, a global provider of critical digital infrastructure and continuity solutions.  “AI and its downstream impact on data center densities and power demands have become the dominant storylines in our industry,” said Vertiv CEO Giordano (Gio) Albertazzi. “Finding ways to help customers both support the demand for AI and reduce energy consumption and greenhouse gas emissions is a significant challenge requiring new collaborations between data centers, chip and server manufacturers, and infrastructure providers.” These are the trends Vertiv’s experts expect to dominate the data center ecosystem in 2024: AI sets the terms for new builds and retrofits: Surging demand for artificial intelligence across applications is pressuring organizations to make significant changes to their operations. Legacy facilities are ill-equipped to support widespread implementation of the high-density computing required for AI, with many lacking the required infrastructure for liquid cooling. In the coming year, more and more organizations are going to realize half-measures are insufficient and opt instead for new construction – increasingly featuring prefabricated modular solutions that shorten deployment timelines – or large-scale retrofits that fundamentally alter their power and cooling infrastructure. Such significant changes present opportunities to implement more eco-friendly technologies and practices, including liquid cooling for AI servers, applied in concert with air-cooled thermal management to support the entire data center space. Read more: https://mb.com.ph/2023/11/24/artificial-intelligence-sustainability-at-forefront-as-industry-turns-attention-to-2024 read more

Over the last eight quarters shipments have been: The smartphone market turned up in October, says Counterpoint Research which is the first month it has grown y-o-y for two years. For Q3, Counterpoint is forecasting the first growth quarter for eight quarters. October shipments grew 5% y-o-y which is the first month in 27 consecutive months since June 2021 to show y-o-y growth. 2021 Q4 371.4 2022: Q1 326.4 Q2 294.5 Q3 301.9 Q4 303.9 2023:  Q1 280.2 Q2 268 with a forecast for Q3 of 299.8 Read more: https://www.electronicsweekly.com/news/business/smsrphones-2023-11/ read more

onsemi has opened an application test lab in Piestany, Slovakia, focused on the advancement of system solutions for battery/plug-in hybrid/electric vehicles (xEVs) and energy infrastructure (EI) power conversion systems. The state-of-the-art systems applications lab provides specialized equipment to develop and test next-generation silicon (Si) and silicon carbide (SiC) semiconductor solutions in collaboration with automotive OEMs, Tier 1s and EI providers. The new facility consists of two high-voltage power labs that focus on systems and device level development as well as evaluation of SiC/Si traction inverters and ACDC/DCDC power converters. Laser welding facilities, mechanical clean rooms and workshops further enable fast prototyping and testing of next-generation system solutions. The new lab will play a central role in ensuring that the development of future power products results in highly differentiated, value-add solutions tailored to customers’ specific requirements. Evaluation capabilities for the next-generation system solutions include continuous 24/7 testing; internally developed and patented software and hardware solutions to support high-voltage power cycling via space vector modulation (SVM) and sinusoidal pulse width modulation (SPWM); high-accuracy logging devices for assessing SiC and Si health and reliability; simulation of the harsh conditions faced by inverters during operation, testing liquid-cooled devices at temperatures as low as -50°C and up to 220°C; and wider range of industry-recognized software allows for the programing of FPGAs and ARM microcontrollers on site, as well as qualification testing, data analysis and 3D modeling. Read more: https://www.eetasia.com/onsemi-opens-ev-systems-application-lab-in-europe/ read more

NOTE: CAN BE CUSTOMIZED UPON REQUEST read more