Manila Electric Co., the largest power distributor in the country, said Friday power rates will be lower in the February billing cycle on account of a net decline in the generation charge.
The Asian Development Bank (ADB) has launched a new financing facility aimed at helping countries in Asia and the Pacific move up the value chain in critical minerals, a sector seen as central to clean energy, electric vehicles, and digital technologies.
The Asian Development Bank (ADB) is ramping up investments in Asia and the Pacific with a USD70 billion push into energy and digital infrastructure through 2035, signaling a major shift toward regional connectivity as a driver of growth.
The Philippine stock market is expected to stay under pressure in the near term, as global uncertainties and a weak peso continue to dampen investor sentiment, according to 2TradeAsia.com.