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.
Nickel mining operations in the Philippines could grind to a halt within 15 to 30 days if fuel supply disruptions persist, industry leaders warned, raising concerns over output and export stability.
The Philippine Pharma Procurement, Inc. (PPPI) and the Bases Conversion and Development Authority (BCDA) have joined forces to position Clark as a regional hub for pharmaceutical manufacturing and life sciences.
Key industry groups, led by the United Portusers Confederation of the Philippines, Inc. (UPC) and Philippine Exporters Confederation, Inc., have voiced strong support for the government’s energy emergency declaration and a new law allowing the suspension or reduction of excise taxes on petroleum products.
Long-term, comprehensive cybersecurity strategies took center stage at Filipinnovation, a summit hosted by Concentrix, as industry leaders warned of increasingly complex digital threats facing the Philippines.