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 Bangko Sentral ng Pilipinas projects inflation will fall between 5.6 percent and 6.6 percent. The range reflects competing forces shaping the economy.
The Board of Investments (BOI) is seeking to strengthen the Philippines' electric vehicle (EV) talent pipeline through a potential partnership with China's largest automotive vocational education institution, as the government works to attract more EV manufacturing investments.
The government is looking to accelerate the country's electric vehicle (EV) industry with a new incentive program that it says will attract global manufacturers, strengthen local production and create quality jobs.