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Energtek, Inc. (EGTK.PK) Demonstrates CNG Lite(TM) to Government Officials, Advances Mass Tricycle Conversion Goal in Metro Manila

QualityStocks (May 6th, 2009) Writes:

Energtek Inc., a world leading developer of Adsorbed Natural Gas (ANG) technology, announced this morning that its fully-owned subsidiary, Energtek Philippines Inc., successfully demonstrated its converted natural gas tricycles to government officials in Manila last week. The three-wheel vehicles were converted utilizing Energtek’s proprietary CNG Lite(TM) technology.

Energtek’s engineering team performed both the vehicle conversions and demonstrations. CNG Lite(TM) technology was presented to numerous governmental officials involved in the various aspects of the nation’s public transport programs. According to the press release, the presentations were attended by both executive and technical teams of several governmental departments. Photos of the presentations are available online at http://www.Energtek.com.

The Philippine Government intends to include tricycles in the nation’s official Natural Gas Vehicle Program for Public Transport (NGVPPT). The NGVPPT, passed in 2002, is a nationwide program that ‘aims to enhance energy supply security in the transport sector through fuel diversification

...

Rice Shortages In Philippines?

Claus Vistesen (March 12th, 2008) Writes:
Roel Landingin and Javier Blas writing in the Financial Times:The Philippines failed to buy enough rice on Tuesday to boost its inventories and faced prices more than 40 per cent high­er than two months ago in the latest sign of a rapid tight­­ening of the global rice market.The failure underscores the risk that rice could be in short supply in south-east Asia countries, where the grain is a staple food. It also signals further food inflation pressures in the region, where consumer prices are rising quickly.The world’s largest rice exporters, including Vietnam, India and Egypt, have imposed foreign sales restrictions to keep their domestic markets well supplied, tightening further the global market. More curbs are likely in the coming months as the rice market faces strong demand and lagging supplies, the US Department of Agriculture has warned. Global rice stocks are set to ...

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